Negotiation

A black chalkboard with a wooden frame displays the handwritten message "DON'T GIVE UP" in white chalk. A piece of chalk rests on the bottom edge, ready to renegotiate any doubts that might arise.

What to Do If a Creditor Will Not Renegotiate the Terms of Your Agreement

Debt / Lynnette Khalfani-Cox, The Money Coach / collections, Negotiation, Settlement offer

One of the options you have when you can’t pay an outstanding debt is to renegotiate the terms of your agreement directly with your creditor. Read -Four Surprising Insights About Getting Out of DebtYou might choose to do this before the account goes to collections so that the incident doesn’t go on your credit report […]

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A green circle labeled "one side" and a blue circle labeled "other side" overlap. An arrow pointing to the overlap area is labeled "compromise," much like how a financial planner balances your budget for optimal credit health.

How to Re-negotiate the Amount You Are Paying to a Collection Agency

Debt / Lynnette Khalfani-Cox, The Money Coach / collection agency, collections, Negotiation

Dealing with a collection agency can be stressful. You need to flex some negotiating skills in order to work with debt collectors and if you’re on a monthly payment plan, ensure that every single payment gets to them on time. Remember that a single missed payment could change the financing agreement and you could end up

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All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

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