As long as they do not overly stress the difficulties that they are currently having with bills, there 鈥 檚 nothing intrinsically wrong with borrowers entering into communication with the credit card debt companies in order to try and find out what arrangements for debt relief would be provided by the lending institutions themselves. If you owe substantial sums and have recognized the potential need for assistance, you should want to look around at all of the different debt relief alternatives so as to see for yourself what's available. After all, many unsecured lenders would be more than happy to cut rates by a hair (at least, temporarily) and even drop some of the late fees or charges assessed for exceeding balance limits. At the same time, though, you do not want to allow yourself to be trapped by the high pressure tactics of one of the collections agents (paid by the credit card companies for their powers of persuasion, keep in mind) to lead you step by step toward a legally binding verbal agreement given over the telephone. Such debt relief plans are all but guaranteed to be outlined in such a way as to best help the lenders' profitability with little real interest as to your own domestic budget. After all, you do not want to end up automatically agreeing to the parameters of compensation laid out by the men and women employed by the corporation that first financed your credit card debt without pondering just why the companies would be so quick to sweeten the temptations of repayment for loans legally owed. Just because you 鈥檙 e tired of the ceaseless calls threatening apocalyptic scenarios barely this side of impossible as consequence for the occasional thirty or sixty day late payment, you must also acknowledge the strategies of emotional exploitation for what they are. The credit card debt collectors 鈥?remarkably effective motivating tactics are fueled by guilt and fear, above all else, and that alone should convince you not to give in to the first debt relief solution that 鈥檚 presented. This rule shall be particularly valid for the consumers even momentarily thinking about the benefits of a financial plan designed, explained, and set in motion by the very people whose profits are based upon keeping Americans paying out minimal sums of money for prolonged periods of time. Crucially, when comparing debt relief programs, you do not want to inordinately reward a low cost system like the ones presented by the credit card debt accounts representatives. It 鈥檚 remarkable how many borrowers first investigating one of the debt relief solutions to their sizable credit card debt loads report confusion that the companies most in demand charge a sizable fee for their assistance. Skill, experience, and a smoothly running support staff could make the difference between triumphant debt relief or a poorly handled bartering that drives down FICO credit scores, irritates the creditors beyond potential reconciliation, and potentially even inspires a lawsuit intended to garnish wages and seize bank accounts. Settlement negotiation that lops off thirty or forty percent of a consumer 鈥檚 credit card debt with the full consent of the lenders must be handled just so, the best settlement agents may cost thousands over the schedule of repayment, but, if they have reason to believe that they could save ten thousand, the math should speak for itself.