What are the ways to get relieved from credit card debts?

What are the ways to get relieved from credit card debts? One of my friends is struggling with credit card debt.|||your lender have hardship programs, this will most likely close your account but it will lower your interest and monthly minimum. don't call expecting a payment of ten dollars on a five thousand dollar balance. they usually have something in a 1,2,3,4,or 5 year term. divide your balance by the amount of months ( example 5000 / 60 or five years would be $84) also remember that does not include the interest that they may have available for you, so your payment may be a little higher depending in the rate.





you can settle on the account but that will put a bad mark on your credit report. call and ask what they will accept or if they will accept a certain amount. this will cause you to have a much larger payment because they will most likely want payment up front or they may be able to spread it out into two or three installments usually in two or three months.





what ever you do agree on make sure it is something that you can do and make sure you understand your banks terms, and penalties for defaulting. GOOD LUCK.|||One of the most excellent ways to get out of credit card debt is to eliminate all debt through credit card debt consolidation loan. There are debt relief companies that help you in clearing unsecured loans.|||Set up a payment plan that you and the bank can agree on based on your monthly budget.|||pay them, settle with them for a lesser amount and pay that, give them your firstborn, die, or bankruptcy. EDIT: sorry, forgot marry rich.|||umm pay them ! cut them up, ring the companys and explain their situation and work out repayment plan