Before you negotiate debt on your credit report, you might want to try disputing it if there is an error or the debt shouldn't be on your report. Check out this video for a template credit report dispute letter you can use. kzread.info/dash/bejne/c3uJvJepkdTcc7Q.html

@googleaccount1887

4 жыл бұрын

Can they garnish your wages if you don't pay in 3 months?

@mwoods4608

4 жыл бұрын

Can you call for me? Im not good at confronting people... im about 18k in debit and I only make 2600 a month, 3 kids!

@jeffsupersaiyan

4 жыл бұрын

@@SuperElite27000000 bullcrap

@azersamaali2016

3 жыл бұрын

Cheers for this, been searching for "stop harassing phone calls from debt collectors" for a while now, and I think this has helped. Ever heard of - Donadelyn Stupefying Dominance - (should be on google have a look ) ? It is a smashing one off guide for discovering how to repair your credit without the normal expense. Ive heard some incredible things about it and my co-worker got excellent results with it.

Debt management is such a crucial subject, I wish more people would follow such videos and your channel and improve their financial education. Thanks for the video, man!

@josephhogue

6 жыл бұрын

Thank you. Love talking about debt and how people can get around some of the tricks in the system.

Great tips like always, Joseph. Thanks for sharing.

Thanks for teach the basics of debt negotiation! I bet a lot of subs and non-subs found it helpful too :)

@josephhogue

6 жыл бұрын

Thanks Ken. I think a lot of people go into debt negotiation unprepared or thinking only the debt settlement companies can handle it. Great to be able to get the facts out.

Great work form *Sounstreamhub* - so glad you are out there fighting these lowlifes. We need to do all we can to spare the elderly and the general public from these despicable collectors! Kudos to YOU!! You deserve the Nobel prize for keeping us CC debt free big up brother..

Helpful tips! Hopefully after negotiating, people won't have to go through this situation again.

@josephhogue

6 жыл бұрын

That's the real hope. None of this debt payoff series will do any good if people don't change their spending habits as well. It's really more for people that just get in a bind with an emergency and need to negotiate debt to get back on track.

Thank you for sharing and caring

Good practical tips here that everyone can put into use!

@josephhogue

6 жыл бұрын

Thanks Daniel. I think debt negotiation is probably one of the best things I ever learned for saving a lot of money.

Woo! Thank you for making this very informative video!

Also, don’t forget to tell them that they will owe taxes on the money that they negotiate.

Hello! thanks for the video! Very helpful info I am going to call and settle debt with two credit card companies. What would you suggest is a good first offer to not scare them? 20%? I can’t afford no more than 30% of my balance. Thanks!

Excellent Semper Fi thank you

Hi, thank you. is it possible to settle debt if you have never missed a payment?

hi, thanks for the video, after how many months of zero payments can I start negotiating?

Please please answer Sir. If I negotiate and the lender lowers my balance will it drop my score? Will they report it to credit bureaus?

I have always enjoyed

I have an extra student loan account on my credit that isn't mine. I have appealed it several times. What can I do now during this pandemic to have it removed from my credit history?

I am new to this whole thing. I was just wondering about what the agreement should say, and how to tell if it is legitimate?

what about if you are not exactly in debt, but willing to pay the loan off in one payment and I just want to pay less interest on the loan. They marked it up like 30% of the loan I got, can I pay lower interest?

About those phone recording apps. If you live in certain states you can't record phone calls. Unless you have their permission to record. "Eleven states require the consent of every party to a phone call or conversation in order to make the recording lawful. These "two-party consent" laws have been adopted in California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Montana, New Hampshire, Pennsylvania and Washington." Will a debt collector agree to having their conversations recorded tho if he/she works in one of the above states?

Situation: 1. 40% settlement offer of Wells Fargo Credit Card debt. 2. The debt is 2 years old and not yet sold. Proposed solution: 1. get the best discount possible and pay. (3,123.90 is the 40% settlement number. 2. Get Wells Fargo to agree not to update the status in the reporting. (avoid paying and re-setting the activity of the account. 3. The item falls off in 2 more years. WILL THIS WORK? DO YOU HAVE ANOTHER PLAN? OR RECOMMENDATION? Thank you, might make a good video to discuss.

My wife and I are under contract for a house. It’s currently being built. We have a 12k credit card debt we’d like to settle and be done with. If we try to settle will it negatively affect us any way?

Hi, nice video!.. i have negative $6700 checking account and i cant pay at once.. do you have any suggestionon what to do..

Semper Fi brother!!! Thanks for the video.

@josephhogue

4 жыл бұрын

Ooh-rah brother!

Right now I have a $50,000 unsecured loan that was fully due on February 15th, 2023. I have yet to pay since then. I want to negotiate for like $30,000, however, the bank wants the full amount plus interest. I hope this video can help me.

Is it possible to negotiate credit card debt without being late on payments ?

I let a vehicle go back to the car lot it,kept breaking down and just told them to come get it. Now my paycheck is being garnished and they will not negotiate. It’s a law office who apparently has the debt. What can I do?

Thanks much mate

@josephhogue

2 жыл бұрын

Always glad to help Jameel

am I legally required to tell the negotiator if I have a job and how much I make (especially if I am trying to negotiate a lump sum)?

What if I owe a private college 6000 and it goes into collections can I negotiate a lower cost?

Subscribed, liked and saved, haven't even gotten to the meat of it yet!

@josephhogue

5 жыл бұрын

Always glad to help. Welcome to the community.

Question: I contacted my original creditor, discuss about the settlement, they agreed to reduce the bal from $1002 to $500 about 50% but when I asked for "Pay to delete" the Original creditor credit card bank said: we are not allowed to delete but If you agreed to the settlement of $500 and paid it, we will report as "Paid as agreed, settlement less than full amount, balance 0" what should I do?, should I go ahead to pay it to settle at 50% but if they do not agree to delete, it will still show up on my credit reports. Please help me with advice thank you very much.

@pulkitagarwal989

Жыл бұрын

hey, can you give us a rough idea how and what statements did you use to settle the debt and reduce it to 50%? Appreciate the help thanks!

Paid in full or debt settled as read on the credit report doesnt hold any difference ???

Does this still work today? Or have things changed?

Thank you

@josephhogue

6 жыл бұрын

Thank you. Hope it helps. Let me know if you're able to negotiate debt with some of the steps.

Can debt collector charge me penalty fee and interest after I make a settlement payment to them?

So I just got into a 400 settlement agreement with BofA on a 1200 account and I'm happy with that. The only thing I'm not 100% sure of is the will report the agreement as "settled for less amount owed" is that a good thing? Will it affect me in any way? Affect maybe my changes of rebuilding my credit faster? I'm already 6 months past due of payment, so the damage is already done. I'm just not sure if the agreement being marked as that will have any effects on how I'll rebuild my credit... Either way I'm happy I got that over with. Thank you !

@lfuentes4098

7 ай бұрын

Hi. How did this work out? Did they send you a 1009-c for the charged off debt?

I have credit card debts before I live in Illinois and now move to Indiana. Is this consider that my debt are wipe off? It’s been 3 years already 😢

Go iowa! Does this work on business credit card debt? Also do you have to miss the payments, covid really messed up stuff

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

I am trying to work with a collector who is working with the original creditor. I received proof of validation letter and sent a negotiation letter with an amount certified mail which they received, but it’s been about 6 weeks and have yet to hear from them. Do I call them to try to clear this up? I want to keep my credit clean. Thanks

I'm negotiating on my wife's behalf with discover on a debt I did not know she had. It's is at 8500 .my first phone call they said it is eligible for settlement and they will take 5 k. I have the funf to pay the entire amount ..what is my next step to get it lower? I was gonna offer 4 k on next call. What do you think?

what if i am not in collections, i have had some hardships and had to use my credit card for emergencies, now my Minimum due is too high to pay per month. i have been on time but now it's becoming close to me deciding between food and gas to get to work vs paying this high bill. can i negotiate a lower debt on a creditor that is NOT delinquent??

@Doritossandwhich

10 ай бұрын

That's the same situation that I'm in. Did you get a resolution?

I opened a bunch of credit cards when my credit was good and I've been making minimum payments for 6 years now, never missing a payment. I want to negotiate with the credit card companies, and have them take 30 cents on the dollar, and close my accounts without any bad mark on my credit history. I watched your videos, but is there anything you can suggest for my specific situation?

You have NO idea how thankful I am that you made this video!!! So helpful!!!!!!

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

Hey brother, retired USMC here. Age, injuries, and I lost my job about two weeks ago has turned my life upside down. I have a high credit card balance due. The monthly payment is due today and I am completely stressed out right now. Do you have a series of videos I should watch? I was really starting to panic until I watched this video and what you said about how long you should wait to make a payment. Totally newbie here in financial distress and I have never been in the situation before. Please help?? Thank you, Semper Fi

@josephhogue

4 жыл бұрын

ooh-rah brother. I'd say the debt payoff series linked below is your best bet. Might not need to watch all the videos but there's enough there to get you back on your feet. Starts with some budgeting stuff to maybe find a few extra bucks then how to manage the debt. Let me know if you have any questions on it. kzread.info/dash/bejne/pa6NzcR-dcyyYJs.html

@robertfarrell1456

4 жыл бұрын

@@josephhogue Thank you Joseph. I will check it out. My last statement above was incorrect. I have a credit card payment due today and the balance I am holding on it is over 20k. I hate being in this situation but we all hit a low point in our lives. Just never thought it would be here at almost 50yrs old.

Is it possible to negotiate up-to-date credit cards? Or do I have to be behind my payments for them to negotiate?

@Bimsf

2 жыл бұрын

You do! I was behind by 3 months and from there I was able to

So I take it I have to be late on payments before I can negotiate?

Will this work with taxt debt collectors?

I am update on payments and enrolled on a Financial Relief program. Do I need to be late on my payment. If I call saying I am not being able to honor the debt and asking for 50% it would work?

@cynthiaross2658

3 жыл бұрын

I have a debt with a collection agency that the original bill was in 2016 but not registered with collections until 2019. I have considered paying it off but the interest is more than double the amount. I don’t know what to do,I want to buy a home but Equifax leaves me a score of 480 and TransUnion a score of 510. I explain this to one of the agent who understand FICO a lot and he confided to me that if I really want to remove every negative item on my credit report that I should contact this credit repair company who specialize on credit repair. I I quickly contacted them on; bellabrucehacks dot co for credit repair and behold the results were amazing, I now have an excellent 802 and all negatives have been erased as well..

I disagree about bankruptcy. If you qualify for chapter 7 you can have a 700 credit score in less than 2 years

@mikek.9980

23 күн бұрын

Did you try it?

what do I do if the debt collector keeps resseting my debt by saying i paid 1 dollar on it even tho i have never made a payment or talked to them. the debt is 6 years old. I disputed it with credit karma and it said does not go against regulations so now idk what power i have

@nonmutualgroup

2 жыл бұрын

Next to no power..

Should I use an attorney to negotiate a lump sum settlement on a Judgement creditor? I heard that they will still jerk you around even if your do it yourself after getting the paperwork and sending a lump sum payment? I have a garnishment and want to get a 50-60% reduction on the total. It is a Judgment by a law firm for a Discover Card.

@josephhogue

5 жыл бұрын

Not sure there is much an attorney will be able to do and the cost is probably going to eat up a lot of the savings you might get. You can always ask for a consultation with a few attorneys to see if it's a possibility but I wouldn't go to any that want to charge for the consultation. Good question. I'll look into it more.

@Drumbeat52

5 жыл бұрын

@@josephhogue Thanks, Dave Ramsey on KZread says you can do it yourself, but you have to keep after them until they agree to the lower amount. I'll tell you what I have done when my employer received the garnishment, I looked up the Federal Garnishment law and saw how much I could keep from my paycheck, then I changed my W-4 withholding to include an extra amount that would negate the garnishment. The Judgment holder received nothing and I just filed my taxes the end of the year and received my LARGE REFUND!! It is a non-interest saving account! lol I also marked my court docket entry web page as a favorite and check it daily to see if the attorney files anything with the court to attach my bank account. I will know it before the bank is notified, thus me taking out my money upon his filing. I am tired of messing with this and just want to settle on my terms.

Good luck everyone!

Hello wonderful video thank you. so have 11 Grand in credit card up I've had the credit card for years and also had a car loan that I paid off with the same bank. I actually have a grand in cash but I want to negotiate so I don't have to pay the full amount. I have always paid on time. I am not currently late, what if I call him and tell him I've been laid off due to covid?

@KelFabian718

4 жыл бұрын

Tell them you’ve been laid off -and let them know you can’t pay - save that $1k for an emergency - don’t worry with this Covid crisis - creditors aren’t really harassing

Can I find out what the debt collector paid on my credit card account? I received a note in the mail telling me that my account was sold.

@cynthiaross2658

3 жыл бұрын

I have a debt with a collection agency that the original bill was in 2016 but not registered with collections until 2019. I have considered paying it off but the interest is more than double the amount. I don’t know what to do,I want to buy a home but Equifax leaves me a score of 480 and TransUnion a score of 510. I explain this to one of the agent who understand FICO a lot and he confided to me that if I really want to remove every negative item on my credit report that I should contact this credit repair company who specialize on credit repair. I I quickly contacted them on; bellabrucehacks dot co for credit repair and behold the results were amazing, I now have an excellent 802 and all negatives have been erased as well..

I have card that has 15k on it. I can make the minimum payments but that's about it. It's not in collection. Do you think I should try and settle for a lump sum if I come into some money?

@josephhogue

4 жыл бұрын

Never hurts to ask, even if you only get a 20% discount on what you owe. Probably better bet that you can get them to drop the rate to 0% introductory for six months to help you get out ahead. If they won't, find another card that will give you a one-year 0% rate on balance transfers then transfer to that one. Will save a lot on the interest.

@roserpv

4 жыл бұрын

@@josephhogue I tried to the 20% discount what i owe but I was turned down. I'm leaving the USA for good and move back to my country. I trying to do what is right here but they don't want to work with me. I do have some cash to pay off but not enough to pay what I owe... I owe the credit card 8000 but I can squeeze 6000 only. What happen to my if I moved out of USA and only paid what I can afford at this moment. ?

hi i have a question a judgment for $1,500 but they now asking $2,850 could settle for $500 or $1,000 and the judgment is not on credit report

@josephhogue

5 жыл бұрын

Not sure why they would be asking for $2,850 if the judgement is for less (unless they have documented late fees that were allowed). If it's a legal judgement then you'll have to pay it whether it's on your report or not so I'd definitely try settling for around $1,000 if you can.

@stanleywarren640

4 жыл бұрын

Ernest here! Hope you are all staying safe. I had judgments on my profile last year plus unpaid hospital bills I couldn’t payoff as I was facing repossession on one of my properties. I NEEDED! to get my credit score up and at the same time clear the loans out. I saw a review of CREDIT PATCH UP LLC on here and I contacted them at 'Gibbs@creditpatchup.com'I was in contact with Michael Gibbs, he put me through on how to go about it and they got it fixed in 22days I can recommend them as a team of experts because they got the job done. Heartfelt appreciation to them.

Does the statute of limitations reset if the debt is switched from one debt collection agency to another?

@Onlyinbean

11 ай бұрын

No

Do I have any leverage if my credit card debt statute of limitations is up in 3 months?

@charityclark7910

Жыл бұрын

Yeah. Wait 3 months. Then forget about it.

Man you are the best hands down when it comes to this stuff of all the people I have seen on youtube. I had some fraud activity on a few of my cards around 20k.....if I don't win I thought I was going to be stuck with the debt but I will use this strategy to get most of it wiped off. Great video man

@nipples8776

Жыл бұрын

It wasn’t fraud. You calling it fraud is fraud. Don’t play. We know the truth.

@ElWisdom

Жыл бұрын

@@nipples8776 18 USC ss8

@ElWisdom

Жыл бұрын

Look up the people's remedy he shows you what's really going on with the financial system I don't think he is the best but he's definitely top ten also look up jean Keating

Unfortunately there are no people to talk to in customer service anymore. It's all automated and there are no options to get you where you need to.

@mikek.9980

23 күн бұрын

That's a very helpful information!

What do you do when companies charge you for services that you never got or charged you money that you weren't expecting? I paid $200 a month in health insurance, went to the doctor and only saw a nurse practitioner.. got 2 Bills in excess of $400 that I wasn't expecting. Same thing happened to me at the dentist. And a university charged me $1200 for registering for classes and dropping within a week. People suck.

Are any folks successful with negotiating during our current economic climate?

@TheSushiandme

3 жыл бұрын

Nope

Where is the template?

If I want to pay off a credit card that I'm not behind on but it's causing me to run short monthly, can I negotiate on the amount I owe so I can lay off immediately

@sabrinaboston9289

Жыл бұрын

Were you able to negotiate and resolve this? I'm in similar situation

Hi i have a question about negotiation for a settlement with a debt buyer that years old i was wondering if i could Settle for $1,000 it old judgment of $1,400 but saying is now i own $2,840 and the court is reporting $1,400 and i don't have it on my credit report or on my public record just the court house i talked with a consumer protection attorney told me settle for less or file for bankruptcy what can i do ? Thank you i appreciate it

@josephhogue

5 жыл бұрын

Hard to say without knowing the details. I would wonder why they are wanting $2,840 when the judgment was only for $1,400. Check the judgement to see how much if any they are allowed to charge for interest or late fees. If you truly owe the $2,840 with allowed interest then I doubt you'd be able to negotiate less than the $1,400 but should be able to settle for that.

@TheEddiematrix

5 жыл бұрын

@@josephhogue i don't really know if they could charge interest or late fees i try call and talk but no they wanted to settle $2,400 i don't have that much at this moment and i was thinking about bankruptcy chapter 7 but then i notice the cost and fees I'm stress thinking about what to do

@mdarnell5567

3 жыл бұрын

@@TheEddiematrix don’t file bankruptcy that’s small money, get extra job.

Great advice. We own several businesses and looking at chapter 13. We used our personal credit cards as working capital and our cc debt is six figures. I keep great records so I know down to the penny, what our debt is. After seeing your video, I’m going to try to negotiate a settlement. If your credit card debt is in the six figures, is it realistic to negotiate below 50%? Bottom line, we can’t pay all this debt so if they don’t accept settlement, they may get much less.

@josephhogue

4 жыл бұрын

Tough situation but good luck to you. Let me know how it turns out.

@tiarae.5592

4 жыл бұрын

Negotiate as low as possible... all they can say is no. Then tell them you are wanting to be fair and come up with an amount in the middle.

@twentyfive2life686

4 жыл бұрын

Like he said use a strategy, if it's a 6-figure debt and it's already in collections start with 20% of the total amount, use covid 19 as a scapegoat, tell them your one out of the 40 million americans unemployed, then use the bankruptcy card and tell them your in the process of filing it, but out of good will you will try to pay off what you can "court order" if no agreement is made just act natural not desperate, they will call you back with a counter offer.

Hello thank you for the video and information! I did try this and they never wanted to settle with me. American Express even said they don’t have a settlement department, after missing 4 payments they just closed my accounts! What can I do now ? Do I still have a chance of doing minor damage to my credit score ?

@josephhogue

2 жыл бұрын

Once the account is closed you might have to deal with the agency they send it to. Weird that they closed it without trying to earn with you, usually they try to negotiate

@Shivarelaxing

2 жыл бұрын

@@josephhogue I think they Still have the debt, they just cancelled my cards, so ill try to call and make a settlement. what would be the best way to ask them to not impact my credit that bad??

@sabrinaboston9289

Жыл бұрын

Were you ever able to settle or come to a goid resolution with yhus creditor??

Should I negotiate the terms (removing bad marks, etc.) or how much I’ll pay fist.

@josephhogue

5 жыл бұрын

I'd start with how much you'll pay, get them to agree on that and then add in the other demands. They'll be stuck on the money and will agree to anything after that.

@bc6102

5 жыл бұрын

haha worst advice ever! You make it sound so easy!

@stanleywarren640

4 жыл бұрын

Ernest here! Hope you are all staying safe. I had judgments on my profile last year plus unpaid hospital bills I couldn’t payoff as I was facing repossession on one of my properties. I NEEDED! to get my credit score up and at the same time clear the loans out. I saw a review of CREDIT PATCH UP LLC on here and I contacted them at 'Gibbs@creditpatchup.com'I was in contact with Michael Gibbs, he put me through on how to go about it and they got it fixed in 22days I can recommend them as a team of experts because they got the job done. Heartfelt appreciation to them.

Can you negotiate debt with the original lender before you get behind on your payments? I would like to try to do this before messing my credit up because I can no longer afford the payment

@Theooogurl

5 ай бұрын

Did you find an answer to this elsewhere?

@karie_brown

5 ай бұрын

@@Theooogurl no, I’ve just been moving money to 0% credit cards

I tried to negotiate with midland and the guy said they don't negotiate they just kept wanting me to set up a payment and now the guy calls me on his personal phone so my caller id won't show it can he do that

@josephhogue

4 жыл бұрын

You can file restraining order against him for harassment or sue the company. They aren't allowed to use personal resources like that.

@marthabaker5216

4 жыл бұрын

@@josephhogue thank you for all your help

If we are not late on CC payments and want to pay them off in full does this apply as well? Can we get a lower pay off?

@josephhogue

4 жыл бұрын

It's harder to get a lower payoff if they're not under pressure. You might try opening a new card with a 0% intro rate and transferring, or ask your current card to transfer to an intro rate to pay it off without interest.

@gonzocom

4 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA they charge the interest even if you pay in full?

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

Thank you. Thank you. Due to my Contract role ending, I need to pay off my creditors soon! I am in debt with 4 creditors for $6K. I was going to contact debt consolidation company but my partner told me, he wouldn’t recommend it. I’m glad I came across your video. I’m going to contact creditors, I owe $1K to. Thank you, again! I’m hoping for positive results!

@josephhogue

5 жыл бұрын

Always happy to help Anjana. Good luck with your creditors. Thank you for being part of the community.

@isabellajohnson9671

5 жыл бұрын

Anjana Devi Kumar MHT Hacker Pak kept my husband and myself debt free of all 4 credit card loan debt of $6k, $3k, 15k and 38k. Hacker Pak also offers PayPal services, and offers the best service with no upfront charges. I can recommend Pak. Whatsapp Hacker only +1 740 (537)0783

I just negotiated a debt at 40% of the total amount, I asked and recieved a letter with their letterhead stating that I've paid this debt and I'm clear, I tried getting them to use language like "paid as agreed" but they wouldn't do it, however, the finance company said that it would take up to 60 days for my information to be updated with the bureau's, do you think that it would be a good idea to send dispute letters to the bureau's with a copy of their letterhead so that I know that my credit information will be updated in at least 30 days? Just dont want them to drag their feet after they've received their money.

@Efmims

3 жыл бұрын

Did they end up updating it like they said or did you send in the letter?

@carsonparker33

2 жыл бұрын

Did you have to default a few months before they would even talk to you about negotiating?

Does this work with debts that are in collections, but aren't credit cards?

@josephhogue

5 жыл бұрын

Yes. Will work with any debt owed to a creditor.

@isabellajohnson9671

5 жыл бұрын

Willette Smith Hacker Pak kept my husband and myself debt free of all 4 credit card loan debt of $6k, $3k, 15k and 38k. Hacker Pak also offers PayPal services, and offers the best service with no upfront charges. I can recommend Pak. Whatsapp Hacker only +1 740 (537)0783

@stanleywarren640

4 жыл бұрын

Ernest here! Hope you are all staying safe. I had judgments on my profile last year plus unpaid hospital bills I couldn’t payoff as I was facing repossession on one of my properties. I NEEDED! to get my credit score up and at the same time clear the loans out. I saw a review of CREDIT PATCH UP LLC on here and I contacted them at 'Gibbs@creditpatchup.com'I was in contact with Michael Gibbs, he put me through on how to go about it and they got it fixed in 22days I can recommend them as a team of experts because they got the job done. Heartfelt appreciation to them.

So I have to be 90 days late to start negotiations?

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

I withdrew my 401k which is $140,000. remainder of my 401k funds, I haven't work in two years. now I owe them 14,000 cuz I was unaware of The 10% penalty. I have $31,000 left in my bank account from the 401K funds. This is my only source of income. Can I settle this debt at a lower price?

@charityclark7910

Жыл бұрын

You owe the 10% to the IRS, not the financial institution.

Would this work if with smaller debts too? Say around 4,000?

@josephhogue

5 жыл бұрын

Absolutely. Any size debt is something the agency or creditor wants to collect so you can use it as leverage against them.

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

Bow ties are rebellion. I dig that.

@meganb.davidson4803

4 жыл бұрын

I have taken my time to read several reviews and decided to do some investigation about some of them; I can strongly say that Michael Gibbs is the right person to work with. He is the best and really good in boosting credit score and increasing credit card limit. He helped me increase my credit score to +800 (excellent) and increased my two credit card limit to $19,200 in less than 10 days. He also helped erase all negative items on my credit report within few days, His works are fast and affordable compare to others. Email him directly today 'Gibbs@creditpatchup.com'if you desire an excellent credit score in this pandemic year. LOL!

@JetScreamer_YT

4 жыл бұрын

@@meganb.davidson4803 Sod off.

OMG Get To The Point. I think your info is good but most of the video is an ad for the series I’m already watching. Summarize.

@amenazy2002

Жыл бұрын

Seriously

@AppleAllen

11 ай бұрын

This is hilarious, I just said those exact words out loud before coming to the comments to check for a time stamp for when he actually gets to the point!

@AlstonSD

5 ай бұрын

Good point

@nuimproves6906

26 күн бұрын

You got any time stamps ?

Would that work for tickets I have 8 thousand dollars of unpaid tickets what number is realistic to start negotiating

@josephhogue

4 жыл бұрын

Mmmm, maybe? If you go to the court date for the ticket, sometimes you can please it down a little. That many though...

@119jle

23 күн бұрын

What D azz gets $8000 in tickets. Home you went to prison?

Hello trying to find great info I wanted to find another route than doing freedom debt relief

@argentinogil3213

3 жыл бұрын

I’m glad you saw this first. I did freedom debt relief for over a year and it was a complete waste of time. They were taking over 50% of what I paid them every month as part of their fees. It would have taken me 4 years to pay off all my debt through them. Thankfully, I negotiated all of my debt and was able to agree to 30% for almost all of my outstanding debt. Just do it yourself, you’re much better off. Good luck.

@daisyalvarado7225

2 жыл бұрын

@@argentinogil3213 hello I was wondering if I can get some advice from you.. I’m 14000 in credit card debt with different creditors I want to settle half of my debt at least any advice

@sabrinaboston9289

Жыл бұрын

​@@argentinogil3213do you have to be late on payments first before you can negotiate? Thank you

Do you have to tell the cc company you are recording?

@josephhogue

4 жыл бұрын

Some states you have to notify them so it's usually a good idea just to say it. The card company usually isn't going to care though, they won't contest it if you present as evidence.

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

@dokushirizo

3 жыл бұрын

Thank you for asking this. I figured I would have to tell them because law, but I'm worried they might take offense and be unwilling to work with me.

How about negotiating with no late payments i.e. prior to the 90-day mark? Can you explain that you are having an incredible time paying it off and will soon be unable to?

@josephhogue

5 жыл бұрын

With something like this, it helps to reach out to as many creditors as possible. Not all will take your deal but I've found usually about 1-in-4 will deal with you. You might not be able to get a huge discount on the amount you owe but usually a good 15% to 20% off if you agree to pay all at once.

@RD-rc4mu

5 жыл бұрын

@@josephhogue Thanks Joseph, although of course, I wish I could negotiate it down further I do appreciate the quick response!

@gonzocom

4 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA this is what I want to do and can pay in full. Calling now wish my the skill it takes to negotiate this 🤞😄👍

Doesn't debt negotiation ruin your debt(credit*)?

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

I've missed the last 5 months of my credit card payment due to losing my job. They've given me extensions but I still haven't been able to pay haven't found full time work yet. When should I ask to settle? When they threaten collections, now, in another month?

@josephhogue

5 жыл бұрын

They'll usually pass it to collections after six months so now is a good time to negotiate a settlement if you can. Tell them you've got a loan from a friend and can pay off 40% now if they'll take it. They'll usually try getting a little more tell them best you can do is 60% (might have to adjust the numbers for what you can actually cover) and they'll usually take it.

@isabellajohnson9671

5 жыл бұрын

JamesNDelilah Pinckney Hacker Pak kept my husband and myself debt free of all 4 credit card loan debt of $6k, $3k, 15k and 38k. Hacker Pak also offers PayPal services, and offers the best service with no upfront charges. I can recommend Pak. Whatsapp Hacker only +1 740 (537)0783

What if the creditors say they can take legal action? What should I do?

@josephhogue

4 жыл бұрын

They're just trying to scare you. They'll send it to collections but there isn't much they can do beyond that.

@juanmagana3191

4 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA what should I do after it’s sent to collection? Sorry this is all brand new to me😕

@Oscar-fi1ev

4 жыл бұрын

@@josephhogue They can sue you for the debt and get a judgement.

@becuteforme

3 жыл бұрын

@@Oscar-fi1ev I was sued by mine and I live in Texas.

@Oscar-fi1ev

3 жыл бұрын

@@becuteforme It happens. Not financial advice but there's no shame on bankruptcy if your debt is too deep.

I tried that with my student loans... They laughed at me.

@Saidoromo2024

Жыл бұрын

🤣

@Destinygolden2011

Жыл бұрын

Student loans are notoriously hard to clear or negotiate. Even bankruptcy doesn't clear them.

@crsed

Жыл бұрын

Student loans are bullshit, can declare bankruptcy for literally anything BUT those. How the hell does that make sense?

@Onlyinbean

11 ай бұрын

Doesnt work w student loans

Does negotiating debt hurt your credit score?

@josephhogue

4 жыл бұрын

Only if you stop paying debts before negotiating.

@jayness760

4 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA What about negotiations even if I’m up to date on all payments.

Should i negotiate before my account gets charged off or after?

@josephhogue

4 жыл бұрын

Definitely before. The creditor will only get maybe 70% or so of the account value so if you offer that much, most of the time they'll take it.

@blackpanther4785

4 жыл бұрын

Fred H *I've been in debts for a while now and almost lost my car and house due to my loan and credit card debts, ruma_telecom11 on !g helped me clear my debts and funded my account, the dude is Awesome*

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

My debt wasnt fair the stuff i bought is a quarter of the price now

Semper fi

@josephhogue

3 жыл бұрын

ooh-rah brother!

I dont need cash and any negotiate connect never saved,much better to do how quickly to do the world bankruptcy nice one

Confused. Another vid u recommend consolidating. This u said don't

@josephhogue

5 жыл бұрын

Maybe I wasn't clear in this video, I do recommend consolidating debt. Worked really well for me after destroying my credit. I think you can try negotiating first, maybe promise to pay off your loans immediately and then use a consolidation loan to do that.

Attention people receiving Social Security as your only income- YOU ARE JUDGEMENT PROOF. Federal law protects you and they cannot get 1 dime from you legally. Use this information as a tool if you desire to settle and feel better about giving them something.

Im so screwed... i don't make enough money no more... thanks corona

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

How much i can oofer for jugment 100??.000

@tomasreyes424

3 жыл бұрын

How much i can offer for 100.000 judgment attached in my house

@mikejohn2719

3 жыл бұрын

Reach out nutshellforce_ on IG he'd help you

Just call them and offer them less its that easy no need for over thinking it

@sabrinaboston9289

Жыл бұрын

Do you have to have stopped making payments first, before they'll negotiate?

@rogerrutherford1179

Жыл бұрын

@sabrinaboston9289 well when I did it all my stuff was already in collections and those companies buy the debt for pennies on the dollar. Knowing this I offered them I think .25 on the dollar if they didn't go for it I told them that I would just use my money to pay off other debt. You got to be an asshole. Also disputing though credit karma works to.

Where's the play list?

@josephhogue

4 жыл бұрын

Check the playlist menu on the channel. Here's the first in the series kzread.info/dash/bejne/pa6NzcR-dcyyYJs.html

@stanleywarren640

4 жыл бұрын

Ernest here! Hope you are all staying safe. I had judgments on my profile last year plus unpaid hospital bills I couldn’t payoff as I was facing repossession on one of my properties. I NEEDED! to get my credit score up and at the same time clear the loans out. I saw a review of CREDIT PATCH UP LLC on here and I contacted them at 'Gibbs@creditpatchup.com'I was in contact with Michael Gibbs, he put me through on how to go about it and they got it fixed in 22days I can recommend them as a team of experts because they got the job done. Heartfelt appreciation to them.

@clearvaluetax381

3 жыл бұрын

WIRELESSHACKER on instagram he's my life saver and i can't imagine my life without him God will keep on bless you 🙏..

Well, I figured out how to do my company does it, time to go in it myself. Jk