subject: The Statute of Limitations for Credit Card Debt [print this page] For that matter, whenever borrowers notice their credit scores dropping, there's certainly no harm to be felt by checking in with one of the debt relief specialists to learn more about the new methods of resolving consumer finance dilemmas such as settlement negotiation. Through bartering about terms with lenders in order to resolve the payment issue to the best interests of all of the parties, debt relief settlement officers can not only reduce the interest rates of the loans (like the Consumer Credit Counseling companies) but actually cut down the credit card debt itself to just a fraction of the original amounts. Even just the simplicity of a single payment to be budgeted each month could make a substantial difference for the ease of harried households. While not all applicants may be able to qualify for the eligibility restrictions requested by the top debt relief agencies, the very possibility of such savings should lead anyone with a problem repaying their credit card debt towards discovering the truth for themselves