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interest freeze letters

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crapandgarbage
New Contributor

interest freeze letters

can anyone help with requesting a freeze on cc interest rates? any examples. i am using a GW letter to ask NFCU to freeze cc interest.   open to suggestions
 
also what can i ask for as far as forgiving a portion of the debt?
Message 1 of 4
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Anonymous
Not applicable

Re: interest freeze letters

Credit unions seem to be more understanding than most.  Have you received notification that your interest rate is increasing?  If so, your options should be clearly stated in the change in terms agreement.  With these guys it may be as easy as picking up the phone.  Is it for CC or mortgage debt?
Message 2 of 4
Anonymous
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Re: interest freeze letters



crapandgarbage wrote:
 
also what can i ask for as far as forgiving a portion of the debt?

What's the debt, how much are you needing them to forgive, and what's the current state of things?
Message 3 of 4
Anonymous
Not applicable

Re: interest freeze letters

Need details in order to get more info. Number one thing is to get on the phone before too late.
Message 4 of 4
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