Jun 24
This is a guest post by Bill Hardekopf, CEO of LowCards.com . Credit card default rates are now above 10% for several major issuers. This means these banks don’t expect to be paid back on over 10% of their credit card loans. To cut their losses, issuers now appear to be more open to settling or negotiating a payment plan for your credit card debt. “While settlement and payment plans may relieve a bit of the pain for issuers and cardholders, this is not an ideal solution. It is just a way ou
