Will a credit card company let you lower you monthly payment when you are in a repayment program?

I am currently in a credit card payment program through Chase Bank. I have a set amount to pay each mounth of $568. If I ask will they lower my monthly payment and keep the 2% intrest I have now or dose changing the monthly payment cancel my program with them? this payment plan was set through a Credit Card council program. the trouble was the company I was going through was not one of the legit companys an they were not making payments on time and it destroyed my credit rating. I was able to cancel the program and I now make the payments to Chase.

I agrre with still re... call the credit card company and speak to them..they want their money and its good you want to pay them back..

Will a credit card company let you lower you monthly payment when you are in a repayment program?


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10 Responses to “Will a credit card company let you lower you monthly payment when you are in a repayment program?”

  1. Bruhdude says:

    The High Cost Of A Poor Credit Rating

  2. Kenllyvvle says:

    Expense of a Poor Credit Rating Loan

  3. youareretarded says:

    "and again today that it will be""so it almost certainly will be downgraded."Speculation doesn't make it a fact.Getting the budget under control isn't the reason why our credited rating would be lowered; defaulting on our loans (i.e. NOT raising the debt ceiling) is what will cause our credit rating to drop.Whether or not our credit rating will be downgraded is dependant on just how crazy you think the republicans are.

  4. metalman says:

    be careful when applying for a loan every time you do so the finance company check your credit rating and if you try a lot of company’s they will all be checking you and that will look like you are trying to get more loans than the one.

  5. cwstjnobbs says:

    OK, see that makes sense to me. Although I would claim on any loss greater than the excess because why replace my items with my own money when I'm paying for insurance? But somebody checking your credit rating apparently lowers your rating so isn't it harmful to have insurance companies checking it every year?

  6. BodyThetan says:

    >why should its credit rating be decreased? Let's say you make $200,000 a year. This is pretty cool, admittedly. However, you're $1.4 million (and growing) in debt. This kinda sucks. Also, you have committed yourself through various contracts to spending an additional $11.4 million over the next couple decades. This REALLY REALLY sucks. Now you tell me, why **wouldn't** your credit rating be decreased? I mean, it's been since you went a single year *without* spending more than you take in. [numbers from

  7. TabathaSirianni says:

    Student Loan Repayment Program. June 12th, 2011 Author: articles-02. For the highly skilled employees, federal loans and private stu...

  8. Rebates_Coupons says:

    A Look At How Short Sales Will Affect A Consumers Credit Rating

  9. armstp says:

    Unable to realize any of the above solutions, the Soviet leadership decided to adopt a policy of effectively disregarding the problem in hopes that it would somehow wither away. Instead of implementing actual reforms, the Soviet Union started to borrow money from abroad while its international credit rating was still strong. It borrowed heavily from 1985 to 1988, but in 1989 the Soviet economy stalled completely…

  10. militarymadness says:

    Yes. Majority is student loans with the addition of a 15k car loan. I'm aware of the Loan Repayment program (At the expense of giving up your GI Bill), and I told him I would do that if it helped my chances of getting in. But apparently, they look at what you have "right now" and he said it wouldn't change anything.

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