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Stock impact report

Missed a credit card payment? Do this before it gets worse [CNBC]

American Express Company (AXP) 
Last american express company earnings: 4/24 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.americanexpress.com
Company Research Source: CNBC
If you're struggling to make credit card payments due to a job loss medical emergency or other financial setback, calling your card issuer might be the last thing on your mind. But it may be one of the most useful calls you make. Many credit card issuers offer hardship programs, which are temporary arrangements that can lower your interest rate , reduce your monthly payment or waive fees while you stabilize your finances. Here's how they work, what to watch out for and other alternatives to consider. Struggling to pay off debt? Consider enlisting the help of a debt relief company What's a credit card hardship program? A credit card hardship program is a short-term repayment arrangement offered by some issuers to customers going through genuine financial difficulty. When you enroll, your lender might reduce your monthly payments, lower your interest rate or waive fees for a set period, usually from a few months to a year. Not all credit card issuers offer hardship plans, and Show less Read more
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