Gwen asked:
We are coming into some money and I had read a article about how you can pay off credit card debt with out having to pay the whole thing but I cant find the article with all the ‘credit card wordage’ any one have any suggestion?
We are coming into some money and I had read a article about how you can pay off credit card debt with out having to pay the whole thing but I cant find the article with all the ‘credit card wordage’ any one have any suggestion?
You negotiate with the credit card company. pitfall is if the lesser amount is accepted you get a 1099 and pay income tax on the amount not paid. Your credit takes a hit and you suffer for 7 years.
Just pay the bill. You spent it
Are you referring to debt settlement???
In any case, I doubt if this article is the same as the one you’re referring to, but it may be discussing the same topic: