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Can I negotiate my credit card debt?

Yahoo Finance
Summary
Nutrition label

79% Informative

Consumers had an average of $ 6,730 outstanding credit card debt in 2024 , up 3.5% from the previous year .

Credit card companies want you to pay your bills on time and in full.

They are often willing to work with you to improve the odds of eventually securing payments.

Debt settlement may be an option if financial difficulties are more significant.

You may be eligible for a credit card with a low APR for a specific period, such as 0% for 12 months .

This approach is best for those with good credit who haven't missed payments.

A debt consolidation loan may be a smart alternative if you want to lower your payments and save money.

VR Score

75

Informative language

72

Neutral language

56

Article tone

informal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

Affiliate links

no affiliate links

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