“Credit card settlement makes you feel rich even when you don’t have full money to pay back your creditors”
Credit card debt settlement is the process wherein you shrink your debts through negotiation. It helps you pay almost half of what you owe on your credit cards. This process is also known as credit card debt negotiation.
How much can you save?
OVLG Credit card debt settlement process
OVLG helps you get debt relief in 6 small steps. Our attorneys give you the best credit card debt settlement advice in 48 states 24*7. All you need to do is navigate the process and trust us a little bit.
Want to settle credit card debt through companies? Finally ready to get help from professional settlement companies? It’s time you differentiate between the credit card debt settlement facts and fiction.
Credit card debt settlement companies are scams
You can get rid of your credit cards today
You need to pay a fee in advance
It is the only option to get rid of debt
You’ll not be in debt once negotiation is over
You can’t settle credit card debt online
No. Rather, they help you settle credit cards fast.
Only a miracle can help you to do that
Credit card settlement companies are forbidden to do that
No there are other options as well
No. Secured debts can’t be settled
Wrong. OVLG helps you settle online
4 Legal secrets for settling credit cards for less
1Settle before your accounts are given to collectors
The first black spot is created on your credit report when you default on credit cards. And, the second black spot is created when your credit cards are given to collectors. Your score may drop between 45 and 65 points once your accounts go to collectors.
2Create a strong negotiation strategy
Compile all facts - your income and expenses. Then create a convincing story and present it in front of your creditors. You’ve to explain why you can’t pay the full amount by all means. Remember, creditors already know you pretty well. Make sure you don’t lie. If you don’t want to take any headache, then leave everything to OVLG. We’ll take care of everything.
3Be patient and wait for the right time
Creditors may not accept the initial offer. This doesn’t mean it’s the final decision of creditors. They may accept a modified version of your offer. So, be patient and let us re-negotiate with creditors. Also, don't be ashamed of yourself. It’s not a crime to settle credit cards.
4Get a written agreement in your hand
Irrespective of how you settle credit card debt, never ever pay a penny without getting a written agreement beforehand. OVLG always gives a written settlement agreement online. You can check the clauses before paying a penny.
1Save: Save money till your creditors are ready to settle credit cards
2Negotiate: Negotiate either on your own or through OVLG
3Pay: Make a lump sum payments as agreed during negotiation
What if you can’t at all settle credit cards?
Creditors are not your slaves. So, what if they don’t agree to settle your credit cards? What should you do?
Well, the only choice you’ve is to view the alternatives and these are:
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1. How will debt settlement affect my credit score?
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