Are you looking to negotiate your cash advance or credit card debt? You don't have to sign up to pay another company to do it for you. A creditor or lender will most often prefer to deal with the person one-on-one rather than discuss the case through a third party. Save some cash and work through your debt yourself.

Since short-term loan debt is not revolving debt, there is a small window of negotiations available. Before any lender will work with you, you will need to give a legitimate reason for not having paid your loan off. Know this information prior to the due date. In general, people are more receptive to problems before it affects them. You may not find a cash advance lender willing to work with you. All you can do is try. Be honest, be receptive and be willing to work with the lender's options. When you are in the vulnerable position, it is difficult to have the upper hand.

Credit card negotiations may be easier since the debt is long-term revolving debt. The creditor wants you to keep their card and continue spending. It doesn't hurt to try utility companies if you are behind on their payments.

*Look through your bills. Take note of all interest rates and the balances owed. If you have been in good standing with the company you may have some leverage, especially if your introductory rate is about to go up or as in a phone bill, your contract is due for renewal. They want your continued business. In this case, timing is of the utmost importance.

*Take a look at any service bill and make sure that whatever is listed on the bill is something you approved and are using. You would be surprised what might have been placed on your bill which you are unaware of. Don't let a credit card company talk you into a monthly service fee for credit card insurance. It is a waste of money since consumers are already protected by the FTC.



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