In the second of three debt reduction episodes, Eric recaps the "Five 'Rs' of Debt Reduction. He then shows you how you can reach out to creditors and renegotiate your payments and interest rates. He covers what to do, whether you're in good standing, you're a bit behind, or collectors are calling. You'll learn how to stop collection calls and some of your rights under Federal Law. And you'll know what to do to set up the final phase of paying down your credit cards.

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