Negotiating credit card debt yourself with your credit card company is quite different than dealing with a collection agency. In general, you do not want your debt in collection because a settlement would be doubly damaging to your credit rating with two negatives as opposed to just one when dealing with the credit card company. [...]
So, you are struggling to make ends meet and your credit card debt is mounting. The good news is that it is possible to negotiate credit card debt settlement with your bank or collection agency. That being said, the process is not an easy one and often drags on for many months. Patience and persistence [...]