How to reduce Credit Card debt without harming credit score?

I've heard of people being able to reduce the debt on CC by negotiation through arbitration. Does this affect the overall credit card score?|||You can use this credit monitoring service to pre-estimate future scores for different scenarios of such payments - buildcredit.ifastnet.com|||You can only negotiate if the items are in default due to extended nonpayments.

You will deal with the collection agency listed on your credit reports - not the credit card company.

I do not recomend not paying your credit cards so you can negotiate.

This will devastate your credit rating.



Negotiating is better than doing nothing - every time.

In fact, after the settlement is complete, your score can start reducing very, very slowly...|||Yes. Your best plan to reduce debt is to make minimum payments on all cards. If you have any money left over, add more to the smallest balance until it is paid off. Paid bills will look better and give you a better credit score, but the main thing is to KEEP CURRENT on all bills.