Tag Archives: factual information

Jim is Looking to Pay Off His Debt For Half of What He Owes

“Dear Steve, I’m overextended and about to pay off approximately $30,000 in credit card debt and would like to negotiate with credit card companies. If I settle for a smaller amount owed to the credit card company – will this reflect negatively on my credit report?? Jim” The Answer:   Dear Jim, Will it hurt [...]