Getting cc to lower balance?
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Getting cc to lower balance?
| Mon, 09-22-2008 - 7:03pm |
I have read on a few posts that people called their CCs and asked them to lower the balance as a settlement.
| Mon, 09-22-2008 - 7:03pm |
I have read on a few posts that people called their CCs and asked them to lower the balance as a settlement.
Suze Orman Saturday had a whole show on just that subject I would check out her web page and see if there is anything about what she said.
A couple of things I remember Go in person and speak
Also what you didn't pay on the bill you had to claim at tax time as income
Thought I'd chime in on this since I do taxes.
You have to report it as income IF you received a 1099 form (for cancellation of debt)