Does anyone have any tips on settling debt with credit card companies?

Question by Ricky Jones: Does anyone have any tips on settling debt with credit card companies?
i.e. any tricks they might pull to get you to pay more than the settlement price? The lowest they will settle (50%, 45%?) etc.


Best answer:
Answer by devilchkn1st rule of thumb, NEVER deal with a collection agency!

If you've been negligent on payment for quite a while do this:

If dealing directly with a credit card company, or companies, a good thing to do is apply for a cash loan from a

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