OK Nga Rod: Should You Negotiate Your Debt on Your Own?

Subscribe To More Videos

When money is tight and you feel like might not be able to make ends meet, calling up your creditors to negotiate your debt might sound like a good idea. But is it really? Before any of us make that call, let’s consult Rod Mercado of Financial Rescue LLC.

Para sa mga Do-It-Yourself ano ba ang mga dapat nilang malaman bago sila makipag-negotiate sa mga creditors nila?

Una, kapag ang utang mo ay hindi mo kayang bayaran within 1 year, ‘wag ka muna gumawa ng arrangement because that will not happen. Kadalasan ng arrangement with creditors is within 6 months lang.

Pangalawa, it may be a fatal mistake on your part if you do your own negotiation kasi may mga pitfalls or traps na hidden doon sa mga communications mo with the creditor.

There is Life After Debt
Ad Sponsored by Financial Rescue LLC