WHAT IS THE CREDIT CARD SETTLEMENT PROCESS?
The credit card settlement process involves resolving outstanding credit card debts when a cardholder is unable to pay them off in full. It begins with the cardholder experiencing financial hardship and evaluating their debt. They then contact the credit card issuer to communicate their situation and negotiate a settlement. Read More: https://financecards.wordpress.com/2023/05/09/what-is-the-credit-card-settlement-process/