Tag: Settlement offer

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

by Lynnette Khalfani-Cox, The Money Coach

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. You might choose to do this before the account goes to collections so that the ...

Will Accepting a Settlement Offer From a Credit Card Company Affect Your Credit Score?

by Lynnette Khalfani-Cox, The Money Coach

Accepting a settlement offer from a credit card company will negatively impact your credit rating and lower your credit scores. The reason for this is that when a settlement occurs, a creditor has agreed to accept less than the full ...

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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Tag: Settlement offer

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

Will Accepting a Settlement Offer From a Credit Card Company Affect Your Credit Score?

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