Credit and Debt
Negotiating with Creditors
What you'll learn
- →Understand that creditors negotiate — they'd rather get something than nothing.
- →Learn the call script: introduce yourself, explain your situation, ask for hardship options (lower payment, lower interest, settlement).
- →Practice what to say when they say no: "What other options do you have for someone in my situation?"
Proof task
Don't just watch. Do.
Pick one creditor you owe money to. Call them this week. Use the script: "I want to keep paying. I'm having a hard time. What hardship options do you have?" Don't apologize. Don't over-explain. Most creditors have programs they don't advertise.
Share this lesson
Pass it on.
Chapters
Jump to a moment.
- 0:00The hook
- 1:15The pattern
- 2:45The interrupt
- 4:30Practice scenario
- 5:30The proof task
Up next in Credit and Debt
Keep going.
Reflect
“What's stopped you from making the call before — the fear of the call itself, or the fear of what they might say?”