Can you negotiate your debt without a lump sum payment?

You don’t need a lump sum to negotiate debt, but you do need a strategy that reflects your financial situation. Tatiana Lavrova/Getty Images Household budgets aren’t just being stretched thin by a mix of rising inflation, high borrowing costs and a rough economy right now. They’re being completely reshaped in real time. With credit card … Read more

What happens if a creditor refuses to negotiate your debt?

A creditor’s refusal to negotiate isn’t necessarily the end of the road, but it can limit certain paths forward. Krisanapong Detraphiphat/Getty Images As credit card rates remain high, balances climb and payment delinquencies tick upward, more borrowers are reaching out to their credit card issuers and creditors in hopes of negotiating lower balances, reduced interest … Read more

How to negotiate credit card debt when you’re on Social Security

You may have more options than you expect for dealing with your unpaid debt while on Social Security. Ekaterina Vasileva-Bagler/Getty Images For millions of retirees, Social Security serves as a financial foundation and a predictable source of income. That stability is being tested in today’s tough economic landscape, though, as many older borrowers are facing … Read more

Trump says Iran is ready to negotiate a ceasefire but he’s not ready to make a deal

President Donald Trump said Saturday that he’s not ready to make a deal to end the war with Iran despite the country’s willingness to do so “because the terms aren’t good enough yet,” but declined to say what those terms would be. In a wide-ranging, nearly 30-minute telephone interview with NBC News, the president also … Read more