“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.
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.
Negotiation with creditors
Convince you can’t pay full amount
Reduces debt, waives off penalties & fees
You settle and save
Make sure your creditors don’t report “paid as settled” on your credit report. Rather, request them to update it as “paid in full” to save your credit score.
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.
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.
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.
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.
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.
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:How to choose the better option
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