Steps in writing an effective credit repair letter

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Write down your personal credit card debt load while avoiding going bankrupt

Tuesday, November 11, 2008

Fighting to escape a heap of credit card debt?  Are you getting a lot of phone calls from debt collection companies?  Prevented from buying a new truck or a new house appliance since your credit is maxed?  You can try some common yet useful methods of climbing out from under that pile of credit card bills:


Convey your balance from the credit card with the highest rate to your cards with low interest rates.  This tactic allows you to pay lower interest while moving towards clearing your balance.

Convert the credit card account with the highest monthly rate into a lower monthly rate card, phone the credit card company, notify them your financial difficulties and request their help with discounts your interest rate.  Try this method with all your credit cards today.

Completely pay the existing balance of your high interest cards, and quit using them.  If balance clearing is not feasible, pay down as much as possible.

Talk to experienced debt consolidation specialist and ask credit card debt consolidation avenues you can take.  This is a comprehensive solution to personal credit problems.  Use their expertise to drastically improve your finances.






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