Credit Card Companies May Be Willing to Forgive Some Debt but There Are Consequences
There's no escaping it. Americans are in debt. Heck, our auto industry has so much debt, the Big Three worry about making it through another quarter. Even our government is going deeper into debt as it tries to shore up everybody else's bad loans. So the following letter from a viewer seemed like a fitting subject for this week's column.
We have A LOT of credit card debt. And it's spread over five cards. What are your thoughts about calling the companies and offering a lower amount to settle... Full Story
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