Recently I had a great conversation with a client. Apparently this client’s son had been given the credit card information on their credit card with the understanding that they could use it for small investments into their new business. Unbeknowenst to them they ran this credit card up and over $125,000. Once this was discovered it became apparent that there would be no way that they would ever be able to pay off this credit card with the interest between 14% and 19%. The bank referred them to this service and they renegotiated them down to a payment plan that the interest was at 7%. I want to disclose that I have no relationship with this service and I cannot give you any details other than if you know someone that could benefit from this then you may want to refer them
Money Management, Trisha Roy, # 888-845-5669, Ext. 5831 & email is trisha.roy@moneymanagement.org.
Tags: credit card debt, finances
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