How can I persuade a credit card company to settle for less? Can u eliminate debt by...

  • Thread starter Thread starter sundayraindrops
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sundayraindrops

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...writing letters? I heard there's ways to pay off debt for like 10% - 20% of what you owe. I'm just wondering how this works and how I can do it. I need to get out of debt fast as I need to rent an apartment. I would also like to get a new car, but I am $14,000 seriously past due.

Please help me. This is getting so out of hand. Everytime I turn around I have another bill. I know I need to stop spending. I plan on buying that Rich Dad, Poor Dad book soon, but I just want to get out of debt.

I will be working an awesome job this summer and it would be a shame if that money went to waste on something. Which is why I'm looking for advice now before it gets to be too late.

I am looking at about $5 grand to credit card companies, $5 grand to hospitals and $5 grand to banks and old phone bills.
 
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