by seiuhealthcare775nw
Eliminate Debt: You Need To Know About Negotiating With Creditors
Everything in life is negotiable, even debt! Only one thing worries a lender more than not making profit and that is bad debts i.e. not been able to collect the capital amount lent (never mind the interest). You can renegotiate interest rates, payment terms, fees, penalties etc. Never take a payment demand at face value. Always negotiate with your lenders. Here are a few guidelines on how to negotiate with creditors.
Rule # 1 Do Not Avoid Your Creditors
Fear may tempt you to avoid lenders and debt collectors who demand payment. But you can really benefit from talking to them. Often, if you talk to your lenders, you can let them know y
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