After suffering from a poor credit report for years, Mark Clayborne went on a mission to study everything he could on restoring his credit. Concluding the extensive research, he repaired his credit report and learned various hidden secrets on how to improve a bad credit file. Because of this new found tested knowledge, Mr. Clayborne helped over a hundred consumers repair their credit and take their financial life back. Now, he wants to share these strategies with the world and as a result HIDDEN CREDIT REPAIR SECRETS was created which has sold over 1000 copies as of today. Mark is a certified credit consultant with over 100 articles written in the area of credit repair and a successful radio show titled “Who Else Wants Better Credit”, which is aired on Blog Talk Radio every Tuesday & Thursday at 7:30PM-PST. Mark educates his customers through articles, videos, his blog and various credit repair kits. He graduated from Virginia Commonwealth University with a Bachelor's Degree in Criminal Justice. He also holds a paralegal diploma. He currently lives in sunny California with a beautiful wife and lovely daughter.

1. Hiddencreditrepairsecrets.com
Presents
How to Write a Convincing Debt
Negotiation Letter

2. Let me ask you a question. Are you
searching for a way to reduce your bills
through some form of settlement? If
so, you may have an understanding of
what a debt settlement letter is, and
how it could help you financially. You
can also look at these letters as a
powerful debt negotiation tool.

3. These letters are very straight to the
point and persuading. They could be
used in court if either party broke their
agreement. These letters are very
important if you expect handling debt
negotiations yourself and not employ a
third - party company. In the planning
stage of negotiations, you must
understand how to craft a convincing
letter that gets results.

4. Understand that a convincing letter is
one of your secret weapons to
reducing your debt load in a big way.
Keep in mind that you must convince
the lender that it is in their best
interest to settle with you. This in
returns lowers your debt.

5. Right before send out your first letter to the
lenders or collectors, make sure that you
have a basic knowledge on how the game
works. You have to know the ends and out of
debt settlement because the creditors and
collectors are masters in this area. Here are
a few tip you can use when crafting your
convincing debt settlement letter.

6. 1. Because the debt settlement letter could
be used
in court, have an attorney review it to
make sure
all terms are accurate.
2. You can also seek the advice of a friend
who has
successfully negotiated debt with these
types of
letters.
3. Make sure you understand the terms and
conditions that you are asking for in the
letter.
4. Include what you want eliminated like,
fees, taxes,
and interest rates.

7. the
settlement.
6. Let the creditor know that in exchange for
the
payment, you want the negative item
deleted from
your credit report.
7. Creditor's know most of the strategies
used by
consumers and debt settlement
companies, so do
not try to trick them with words like if you
do not
accept my payment, I will file bankruptcy.
Instead,
say that this is all the money I have, and I
am are

8. Here is a sample debt settlement letter that you can use as a model to
write your f irst letter.
Your name:
Your address:
Address of the creditor or the collection agency:
Date:
Reference account number:
Dear creditor or collection agency,
In the last six months, I have been facing hard times with a lost of my
job, my mother passing away and my brother going to jail. I sincerely
apologize for falling behind on my debts, but I assure you my
neglectfulness was circumstantial. Now that I have a job, I'm ready to
settle my outstanding debt, and I would like to of fer you 20 cents on
the dollar (put a dollar amount here) for a deletion of all negative
information from my credit repor t and no fur ther collection activities.
Currently, I'm in negotiations with other creditors on a similar deal,
and I would like to close my account with you fast. If I receive a
signed agreement from you, I will gladly send payment out overnight.
Sincerely,
Your signature here.

9. In summary, know what you owe and
then compare it to what you have in
your bank account. By doing this, you
will know where to start with your
negotiations. In addition, some
creditors will ask for 80% of the
balance but this is just a starting point
of the settlement. You do not have to
have that amount to settle with as it is
just the start of negotiations. Your
letter must be accurate due to its legal
nature, and always double - check the
terms and conditions of the letter
before sending it out. Now that you are
empowered with more information, go
out there, and take action.

10. If you are ready to say goodbye to
credit rejection and debt collectors,
visit hiddencreditrepairsecrets.com
and sign up for the Free 8-Day E-Credit
Repair Course, and claim your Free
Gift-60 minute Podcast on Rebuilding
Your Credit
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