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Here’s how to qualify for credit card debt forgiveness before 2025

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Poor man bankrupt with no credit in debt hand hold empty black leather wallet because economy down turn Empty wallet (no money) in the hands of an man, monthly bill expenses and credit card debt.
Credit card debt forgiveness could provide relief from high-rate debts — but you’ll have to qualify for it first.

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In today’s challenging financial climate, many people are struggling to keep up with their monthly expenses. While inflation has cooled significantly compared to this time last year, the elevated prices for necessities like groceries and housing remain, and these high costs have made it more difficult for people to fit the necessities into their budgets. This, in turn, has forced more people to rely heavily on their credit cards to make ends meet, leading to a spike in consumer debt. 

Right now, for example, the average cardholder carries about $8,000 in credit card debt. Unfortunately, they’re doing so at a time when the average credit card rate is hovering above 23%. That record-high rate makes it easy for credit card debt to grow, especially as the interest compounds, so it can be hard for cardholders to make a dent in their balances, especially if money is tight. For those who are struggling, even small monthly credit card payments can become a heavy burden over time.

If you’re one of the many people facing this situation, you might be searching for solutions to ease the burden. One potential path forward is credit card debt forgiveness, also known as debt settlement. This option can, in many cases, reduce your outstanding balance by 30% to 50%. But debt forgiveness isn’t available automatically and you may need to meet certain conditions to qualify. Below, we’ll explain how you can do that before 2025.

Find a better solution for your expensive credit card debt now.

How to qualify for credit card debt forgiveness before 2025

Debt forgiveness involves negotiating with your credit card companies to settle your debt for a lower amount than what you actually owe. While you can attempt this on your own, many people turn to debt relief companies for assistance in navigating the process and negotiating with creditors.

While there aren’t strict qualifications for credit card debt forgiveness, there are certain conditions that improve the likelihood of success — especially if you’re working with a debt relief company during the process. For example, most debt relief companies require you to have a minimum amount of unsecured debt to enroll in this type of program. 

Debt relief companies generally expect you to have a minimum credit card balance of about $7,500 to enroll in a debt forgiveness program, although requirements vary. If your debt is below this amount, the debt relief company may not consider it viable to negotiate a settlement. This threshold ensures the debt settlement process is cost-effective for both parties involved. If your debt falls below this amount, you may need to explore alternative solutions.

You’ll also need to demonstrate financial hardship in most cases. After all, creditors are generally more willing to settle for less if you can provide evidence that you’re unable to repay the full balance you owe. Some of the common qualifying hardships include:

  • Job loss or significant income reduction
  • Medical emergencies resulting in substantial bills
  • Divorce or separation that is causing financial strain
  • Natural disasters affecting your financial stability

To document your hardship, you may need to provide relevant paperwork, such as pay stubs showing your reduced income, medical expenses or proof of significant financial responsibilities. Not all debt relief companies will require this to enroll, but it may help with the negotiations if you have clear proof that you’re unable to pay back what you owe.

Credit card companies are also more likely to agree to forgive a portion of your debt if you have missed payments or are at risk of defaulting. If you’ve kept up with your minimum payments, your creditors might not see you as a good candidate for debt settlement since you’re still making progress on repaying the debt. However, if you’ve missed payments and are facing a default risk, creditors may be more willing to negotiate a settlement, as they’d prefer some repayment over the risk of you filing for bankruptcy and discharging the debt entirely.

Take steps to get rid of your debt today.

What are my other debt relief options?

If you don’t qualify for credit card debt forgiveness or if you prefer a different path, there are several alternative ways to manage your debt.

  • DIY debt settlement: If working with a debt relief company doesn’t suit your needs, you can try negotiating directly with your creditors, which can save you fees and allow you to avoid the minimum debt requirements of debt relief companies. 
  • Debt consolidation loans: For those with reasonably good credit, debt consolidation can be a helpful solution. This involves combining multiple debts into a single loan with a lower interest rate, which can simplify your finances and potentially reduce your monthly payments.
  • Debt management: You also have the option to enroll in a debt management plan through a credit counseling agency. These plans often allow you to consolidate your debts into one monthly payment with reduced interest rates or fees. 
  • Bankruptcy: For those with unmanageable debt, bankruptcy might be a last resort option, as it can provide a fresh financial start by discharging or restructuring your debts. However, this option has significant impacts on your credit score. 

The bottom line

Credit card debt forgiveness can offer a lifeline to those struggling with overwhelming balances, but the process of qualifying often requires demonstrating financial hardship and meeting specific debt thresholds. If you don’t meet the requirements for debt forgiveness, there are still effective ways to gain control of your finances. Debt consolidation loans, debt management plans and even bankruptcy are alternative routes to consider. By exploring these options, you can take positive steps toward regaining financial stability.



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How to watch the Dallas Cowboys vs. Washington Commanders NFL game today: Livestream options, more

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NFL: NOV 18 Texans at Cowboys
Houston Texans RB Joe Mixon (28) runs for yardage during game featuring the Houston Texans and the Dallas Cowboys on November 18, 2024 at AT&T Stadium in Arlington, TX.

John Rivera/Icon Sportswire via Getty Images


The Dallas Cowboys will face off with the Washington Commanders today. With a record of 3-7, the Cowboys have had a tough season so far and will be looking to recover after a five-game losing streak. The Commanders, who have racked up a record of 7-4, will be trying to snap a two-game losing streak on the heels of last week’s 26-18 loss against the Eagles. 

Here’s how and when you can watch the Cowboys vs. Commanders game today, whether or not you have cable.


How to watch the Dallas Cowboys vs. Washington Commanders

The Cowboys vs. Commanders game will be played on Sunday, November 24, 2024 at 1:00 p.m. ET (11:00 a.m. PT). The game will air on Fox and stream on Fubo and the platforms featured below.


How and when to watch the Dallas Cowboys vs. Washington Commanders game without cable

You can watch this week’s NFL game on Fox via several streaming services. All you need is an internet connection and one of the top options outlined below.

Experience NFL action with Fubo’s comprehensive sports streaming platform. From Sunday showdowns to primetime matchups, catch every NFL game across major networks including CBS, Fox, NBC, ABC, ESPN and NFL Network. Choose the Pro package to unlock 200+ channels and limitless DVR storage, or elevate your game-day experience with the Elite with Sports Plus package, featuring NFL RedZone’s commercial-free scoring highlights and stunning 4K quality.

Test drive the service with a no-commitment seven-day free trial, and share the excitement with family and friends — Fubo supports simultaneous streaming on up to 10 devices, so everyone can watch their favorite teams.


Catch today’s game by subscribing to Sling’s Orange + Blue tier, which features 46 channels, including ESPN, ABC, NBC, and Fox, covering local and nationally broadcast NFL games. The plan also includes 50 hours of DVR storage for added convenience. To expand your NFL coverage, consider pairing it with Paramount+ for CBS games or enhance your lineup with the Sports Extra add-on, which offers channels like NFL RedZone, NBA TV and Golf Channel.


Watching NFL games, including Fox broadcasts, is simple with Hulu + Live TV, which includes 90 channels, unlimited DVR storage, and access to NFL preseason games, live regular season games and studio shows. The service includes ESPN+ and Disney+ in the subscription.


Want to watch today’s game live on your smartphone? Then the NFL+ streaming service is the solution you’re looking for. It lets you watch NFL Network and out-of-market games on mobile devices, with an upgrade option to NFL+ Premium that includes NFL RedZone for watching up to eight games simultaneously. Just note that NFL+ only works on phones and tablets, not TVs.



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How to watch the San Francisco 49ers vs. Green Bay Packers NFL game today: Livestream options, more

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Seattle Seahawks v San Francisco 49ers
Jauan Jennings #15 of the San Francisco 49ers celebrates with Ricky Pearsall #14 after scoring a touchdown in the fourth quarter of a game against the Seattle Seahawks at Levi’s Stadium on November 17, 2024 in Santa Clara, California.

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The San Francisco 49ers will take on the Green Bay Packers today. With a split record of 5-5, the 49ers will be looking to secure a win against the Packers after last week’s tight 20-17 loss against the Seattle Seahawks. The Packers, who have racked up a winning record of 7-3 so far this season, could be tough to take down as they look to lock in their second win in a row. 

Here’s how and when you can watch the 49ers vs. Packers game today, whether or not you have cable.


Here’s how and when to watch the San Francisco 49ers vs. Green Bay Packers

The 49ers vs. Packers game will be played on Sunday, November 24, 2024 at 4:25 p.m. ET (1:25 p.m. PT). The game will air on Fox and stream on Fubo and the platforms featured below.


How and when to watch the San Francisco 49ers vs. Green Bay Packers game without cable

You can watch this week’s NFL game on Fox via several streaming services. All you need is an internet connection and one of the following options.

Dive into NFL action with Fubo, the ultimate sports streaming platform. Watch every game from Sunday kickoffs to primetime battles on CBS, Fox, NBC, ABC, ESPN, and NFL Network. Upgrade to the Pro package for 200+ channels and unlimited DVR, or level up with the Elite + Sports Plus package for NFL RedZone’s nonstop scoring highlights in stunning 4K. Try Fubo risk-free with a seven-day trial, and enjoy the excitement on up to 10 devices simultaneously — perfect for sharing the game-day experience with family and friends.


Catch today’s game by subscribing to Sling’s Orange + Blue tier, which features 46 channels, including ESPN, ABC, NBC and Fox, covering local and nationally broadcast NFL games. The plan also includes 50 hours of DVR storage for added convenience. To expand your NFL coverage, consider pairing it with Paramount+ for CBS games or enhance your lineup with the Sports Extra add-on, which offers channels like NFL RedZone, NBA TV and Golf Channel.


Watching NFL games, including Fox broadcasts, is simple with Hulu + Live TV, which includes 90 channels, unlimited DVR storage and access to NFL preseason games, live regular season games and studio shows. The service includes ESPN+ and Disney+ in the subscription.


Want to watch today’s game live on your smartphone? If so, NFL+ streaming service is the way to go. It lets you watch NFL Network and out-of-market games on mobile devices, with an upgrade option to NFL+ Premium that includes NFL RedZone for watching up to eight games simultaneously. Note that NFL+ only works on phones and tablets, not TVs.



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How to watch the Arizona Cardinals vs. Seattle Seahawks NFL game today: Livestream options, more

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New York Jets v Arizona Cardinals
Marvin Harrison Jr. #18 of the Arizona Cardinals celebrates with teammates after scoring a touchdown in the second quarter against the New York Jets at State Farm Stadium on November 10, 2024 in Glendale, Arizona.

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The Arizona Cardinals will face off with the Seattle Seahawks today. The Cardinals have a 6-4 record so far this season and will be looking to add another win to their four-game winning streak when they take on the Seahawks. They could meet their match with the Seahawks, though, who have racked up a record of 5-5 so far this season and are coming off of last Sunday’s 20-17 win against the San Francisco 49ers. 

Here’s how and when you can watch the Cardinals vs. Seahawks game today, whether or not you have cable.


How to watch the Arizona Cardinals vs. Seattle Seahawks

The Cardinals vs. Seahawks game will be played on Sunday, November 24, 2024 at 4:25 p.m. ET (1:25 p.m. PT). The game will air on Fox and stream on Fubo and the platforms featured below.


How and when to watch the Arizona Cardinals vs. Seattle Seahawks game without cable

You can watch this week’s NFL game on Fox via several streaming services. All you need is an internet connection and one of the these options:

Dive into NFL action with Fubo, the ultimate sports streaming platform. Watch every game from Sunday kickoffs to primetime battles on CBS, Fox, NBC, ABC, ESPN, and NFL Network. Upgrade to the Pro package for 200+ channels and unlimited DVR, or level up with the Elite + Sports Plus package for NFL RedZone’s nonstop scoring highlights in stunning 4K. Try Fubo risk-free with a seven-day trial, and enjoy the excitement on up to 10 devices simultaneously — perfect for sharing the game-day experience with family and friends.


Catch today’s game by subscribing to Sling’s Orange + Blue tier, which features 46 channels, including ESPN, ABC, NBC, and Fox, covering local and nationally broadcast NFL games. The plan also includes 50 hours of DVR storage for added convenience. To expand your NFL coverage, consider pairing it with Paramount+ for CBS games or enhance your lineup with the Sports Extra add-on, which offers channels like NFL RedZone, NBA TV, and Golf Channel.


Watching NFL games, including Fox broadcasts, is simple with Hulu + Live TV, which includes 90 channels, unlimited DVR storage, and access to NFL preseason games, live regular season games and studio shows. The service includes ESPN+ and Disney+ in the subscription.


Want to watch today’s game live on your smartphone? If so, the NFL+ streaming service may be the best bet. It lets you watch NFL Network and out-of-market games on mobile devices, with an upgrade option to NFL+ Premium that includes NFL RedZone for watching up to eight games simultaneously. Note that NFL+ only works on phones and tablets, not TVs.



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