Tips From This Episode:

Ask your credit card company, Are you offering any form of forbearance at this time?

If no, Ask if you can change the due date of your bills, credit cards coming

If you find yourself struggling financially, call customer service to make your case. Make sure to clearly and politely articulate the reasons for your hardship. Companies may offer you such things as: 

Being able to skip a payment, having temporarily lower rates, getting fees waived or having a credit line increase.

When contacting your lenders, be prepared to explain:

• Your situation

If you have trouble paying your credit card, call your lender may have options that will help. Our tips include changing the date of your payment, requesting a payment plan, and asking for a payment extension.

For additional assistance with managing your debt, budget and creating an additional stream of income, check out our upcoming class on April 5th, 2020 - 30 Day Financial Wellness Course - click here

For a FREE discovery call for your federal loans, please click here

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