how-to-get-a-settlement-for-credit-card-debt

If your credit cards are damaging your credit file then you need to settle with the credit card company. Before you pick up the phone to call the credit card company or before you send a letter to the credit card company you need to make sure of a couple of things.
find out who is collecting this debt(collection company or credit card company).
If a collection company make sure they are license to collect in your state and check the status of limitations.If the debt is over the statute of limitation limitt then they can’t sue you for that debt. If you need to know more about how the statute of limitation work please click here  or you can also google it.
Once you done this if its a credit card company call them and tell them you want to settle for 60 % off the amount you owe and they will remove the account, if they say they can’t remove the account then you tell them you will settle with 60% and they mark this account as paid in full in all 3 credit reporting agencies. If they agree tell them to send you a letter of confirmation and once this is done you will send payment. Never give any collector your bank account information or credit card numbers. you tell them you will send a money order or cashier check. to learn more click here and see other option