Settling of your pending debts is critical to improve your financial status and credit score. Settling the debts through a reliable credit counseling agency is always the best option available. It also helps you in improving the credit score. When you try to negotiate, with the collections agency, there are certain things to take into consideration. Take a look.
The Amount to be Agreed Upon for Repaying
You need to act wisely and carefully while trying to settle for a certain amount for payback. When you are agreeing to pay off a specific amount to the credit collection agency, make sure that you receive the written document of the agreement being made. More