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ritatabb

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Can I get a discount for my overall debt collection.

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Credit payments

Can I get a discount for my overall past due bills, That's in collection.?

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Maybe. Depends on how you do it:

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A credit counseling service that consolidates all your bills won't get you a discount, but they can restructure all your debts into one payment, and stretch out the term to make the monthly payments lower.

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If the debts are all in collections, you may have to work with each creditor or collection agency to negotiate a lower payoff, but you'll have to pay them off right then and there (or further negotiate a short payment plan). Most collection agencies are okay with your paying around 50% of the debt as long as you pay it quickly, but there's no guarantees.

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