Can I negotiate with credit card companies?

Yes, you can negotiate with credit card companies in Washington. The Credit Card Dispute Resolution Law in Washington allows for consumers to dispute the accuracy of their statements or charges on their credit cards. This law allows consumers to file complaints within sixty days of the initial credit card statement. Once the complaint is filed, the credit card company must respond within 30 days and inform the consumer whether or not the charge or statement is correct. If the credit card company can’t resolve the issue, the consumer can appeal the decision, and negotiate with the company. During the negotiation, both the credit card company and the consumer can try to come to a mutually beneficial agreement. In this situation, the customer will want to get the charge removed, while the credit card company may be more willing to issue a partial credit or a reduced fee. It is important to remember that the best outcome of any negotiation with a credit card company is not guaranteed. Before filing a complaint or initiating a dispute, be sure to have all the evidence necessary to support your case. Knowledge is power when it comes to negotiating with credit card companies. Therefore, it is also important to become familiar with the laws set by the Credit Card Dispute Resolution Law in Washington.

Related FAQs

What are the alternatives to debt settlement?
How do I know if my credit card agreement contains an arbitration clause?
What should I do if I'm being sued by a credit card company?
How can I protect myself from identity theft?
What should I do if I receive a credit card with pre-approved charges?
What do I need to know about annual percentage rates for credit cards?
How do I dispute a charge if I cannot remember what I purchased with my credit card?
What kinds of remedies are available from credit card dispute resolution?
What are the most important steps to take when negotiating with a credit card company?
What should I do if I cannot afford to make credit card payments?

Can I negotiate with credit card companies?

Related FAQs

Related Blog Posts