Do credit card companies care about debt settlements?

Debt settlements are accounts receivable for the company. A huge credit card balance packed with late fees and overlimit fees may be a pain in the ass for card holders. The jump is made from creditor to collections. Yes, your credit card company may call you every day, but when does the credit card company …

Debt Collector credit cards and how the scam works

Debt Collectors offer a credit card – how the scam works Debt collectors send inviting offers to some debtors and actually offer you a credit card that you can use to pay off your old debt – normally credit card debt. This scam works because many people believe they are doing the right thing by …