There’s the fun kind of haggling, like getting a great vintage piece at a flea market for less than the price on the tag. Then there’s the stressful kind of negotiating, like going back and forth with car salespeople over how much you’ll need to hand over to drive away with a new set of wheels.
You can probably guess which end of the spectrum negotiating with creditors tends to fall on — it’s a task many people put off, or even don’t realize is a viable option for trying to reduce debt.
Not only do you have a higher likelihood of getting the results you want if you go in with a plan, you’ll also feel less daunted during the process. Before you pick up the phone and dial your creditors, remember these four things.