Tag Archives: Ask Farnoosh

#AskFarnoosh: Negotiating Debt Payments

Debt got you down? Overextended borrowers that don’t see a light at the end of the tunnel may be relieved to know that they can negotiate to pay a fraction of what they owe to creditors. It’s called debt settlement. But the process comes with caveats. What you need to know first and how to negotiate debt payments in my latest Mint blog post.