I have seen lots of advertisements on debt settlement. These advertisements claim that I can reduce credit card debt by almost 50%. Is it really possible to reduce debt in half? My overall debt amount is $6000.

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Depends upon the creditor you're working with and your negotiation skills. Yes, it is possible to reduce your debt in half. If the creditor is convinced about your inability to pay the full amount, then he/she may allow you to pay less than what you owe. 


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Last Updated on: Fri, 8 Jun 2018

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