Can you negotiate lower settlements with U.S. Bank Or Zwicker?
-
Before I take out a high-interest loan or resort to extreme measures, can I actually negotiate a lower lump-sum settlement or a hardship payment plan with U.S. Bank or the debt collector (Zwicker)? Has anyone successfully reduced their payments or stopped a wage garnishment by proving they have limited income?
-
@O_livia3 I’d definitely give this a shot first. Before you look into high-interest loans or anything too drastic, try talking directly to U.S. Bank or the folks at Zwicker. You’d be surprised how many people actually manage to negotiate a way out.
You could ask them for a hardship plan that fits your current income or even offer a lump-sum settlement that’s lower than what you actually owe. Look into getting temporary relief to avoid escalation to garnishment.
Be honest about your situation, have your income documents ready, and remain polite yet assertive. It’s not a guaranteed fix, but it’s definitely worth a try before you commit to more expensive options.