Settling credit card debt with a collection agency can be tricky if you want to get a good deal. If your debt has not yet charged-off and you’re getting calls from collectors, there’s a chance you’ll be able to work out a payment plan with your original lender.
This is the best case scenario. It that isn't possible, build a strong case (with evidence) stating why you can't pay back the debt and play a game of negotiation to reduce the amount. Once you find a number you can agree on, you're all set.
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