How Credit Card Debt Settlement Affects Your Credit Report and What You Can Do About It!

“Negotiation Strategies That Will Help You Manage and Minimize The Damage To Your Credit Report”

How to ask for and get a favorable listing on your credit report while attempting to settle debt

Dear Friend,

I created “How Credit Card Debt Settlement Affects Your Credit Report And What You Can Do About It” because I got tired of reading and listening to the so called “credit and debt experts” continually espouse the view that you have to settle your debt first – then work on improving your credit report second.

Even though your number one priority should always be to settle your debt and move on with your credit and financial life, the fact is all aspects of debt settlement are negotiable.

I wrote this “Special Report” because I felt I needed to give you, the Amateur Consumer, a different and substantiated point of view so you may know that there is absolutely no reason why shouldn’t attempt to manage and minimize the damage to your credit report while attempting ‘do it yourself’ debt settlement!
This “Special Report” will give you the knowledge you need before you start that process!

Who is this book for?

    • people who are settling debt on their own
    • people who want to minimize the damage of debt settlement to their credit
    • people who want to learn exactly what to ask and negotiate for during this process
Here’s what you will learn:

checkmark2 Free eBookFactors that influence your credit score with collections

There are many factors that can influence how far your credit score will drop when settling debt and I ‘ll go over each one.

checkmark2 Free eBookThe reasons why all aspects of credit card debt settlement are negotiable 

The inconvenient truth is this; all aspects of credit card debt settlement are negotiable and in this “Special Report” I show you how it can be done.

checkmark2 Free eBookHow to leverage knowledge and money

All of your negotiation efforts and money will do nothing to rebuild your credit report if you neglect to negotiate your credit rating during the debt settlement process.  I’ll show you how!

checkmark2 Free eBookWhat’s at stake

No matter what the rating, every collection account is a negative mark.  In this “Special Report” you’ll learn what’s fact and what’s fiction!

checkmark2 Free eBookWhy it’s you against them

The collectors job is to squeeze money out of people and their business model is to go as close to the edge as they can .  I show you exactly why this is not a morality play

checkmark2 Free eBookSuccessful strategies and options

You do have leverage you may not even know about.  I explain what that is and how you can best attempt to manage the process

checkmark2 Free eBookAnother point of view

In this “Special Report” I get the viewpoint of a former debt settlement industry executive who now teaches the do-it-yourself method of debt negotiation and has an A+ Better Business Bureau rating.

The strategies and options offered to you in this ebook are proven to work and could help you lessen the damage of debt settlement to your credit report.  The overarching theme throughout the book is this; “if you don’t ask, you won’t get”! But, you have to know what you’re asking for, right?

This ebook/Special Report is available exclusively through  When you download the report, after 48 hours, please come back to the Amazon sales page and do the following:

1.  Click the “Like”  button
Amazon Like Button1 Free eBook
2. Give it 5 Stars and leave me a positive review
Updated Amazona Cutomer Reviews Free eBook
3. Share it with your friends and contacts through the Amazon social media share buttons
Amazon eBook Share Buttons2 Free eBook
4. And then, if you haven’t already done so, take action to both settle your debt and lessen the damage to your credit report!
This book is now available on for less than it costs to order a fast food combo through your favorite fast food joint – just $4 dollars and 99 cents!

Why only $4.99?

Here are 3 reasons why I priced the book this way:

  1. $4.99 puts the report within reach of the vast majority of people and it’s not too expensive for the humblest of budgets (even mine icon smile Free eBook ).
  2. Anyone who’s not serious enough about attempting to minimize the damage debt settlement will do to their credit report to invest $4.99, probably isn’t going to take the time to use the strategies I lay out in the report anyway.
  3. Finally, anyone who is serious enough to put down the price of a fast food dinner and buy this report will thank me!

Download it today directly from

Please feel free to contact me with any questions or comments and please share this page with your friends and family!

Wishing you the best,

Lou Profile Picture Free eBook

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P.S. Implementing the strategies in this ebook will give you the ammunition you need right now to minimize the damage to your credit report during the do-it-yourself debt settlement process, so don’t delay another day!

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“His quote, “Research the research” is indicative of what you can expect with his book. If Lou Rodriguez was a lawyer, I would want him on my side for sure. This guy knows what he is talking about. I wish I had this book years ago. I didn’t realize that there are protocols to follow to protect yourself. With this book, not only should you be able to address these issues, you should be able to save a lot of money, time, and stress. And that is a win, win, win! Thanks Lou!“
Dennis Waller

“This is an informative book that conveys the most important point when it comes to debt settlement and your credit report – ask for what you want. What do you want? To get out of debt AND reduce the negative impact of debt settlement on your credit score. This book does a very good job of hammering that point home. There are no guarantees in this process, but this book offers the main ‘asks’ that you need to reduce the negative credit report impact of debt settlement.

For anyone writhing in debt and considering settlements, this is a good $5 investment that has the potential to help you get back to square faster in terms of credit.”
Micheal, Florence KY


  1. GKathy says:

    This article gets at why, despite a glut of financial literacy education, the needle hasn’t moved very much two decades into the Financial Literacy movement. So far.

    The current term of art is “Financial Capability” or “Financial Competence” not “Financial Literacy”.

    This reflects the general education movement from knowledge-based instruction towards competency-based instruction; beyond Knowledge to Know-How. After all, it’s not enough to know that credit cards can get you into trouble: learners need to know HOW to stage their bill-paying to never EVER be late and to always pay more than the minimum.

    Competency-based instruction, when done right, is faster and stickier for the learner and simultaneously empirically measures what skills the learner acquired from instruction. Way better than reading or listening to lecture as preparation for a multiple-choice test.

    One might even say that Financial Capability instruction succeeds where Financial Literacy instruction fails.

    This is why well-developed online instruction is superior to traditional classroom delivery for many – maybe all – subjects, but certainly for Personal Finance.

    Kathy Griffin

    • I haven’t had sufficient time to review your information Kathy but I definitely understand where you’re going with this. And yes, the article does explain why the needle hasn’t moved where financial literacy is involved. But as I say in this post as well as the first one in the series; we are still talking about financial functionality.

      As far as that aspect of it, your method of teaching may very well be better. But what I am advocating for is cognitive dissonance. Children and adults alike must learn the financial life building skills necessary in order to live an advanced life!

      This starts with decision making which is one of the basic cognitive processes of human behaviors by which a preferred option or a course of actions is chosen from among a set of alternatives based on certain criteria – an information processing model if you will.

      Sounds difficult but like anything else in life, the earlier you start to master it, the easier it becomes and the direct beneficiary is you by living your plan and not the dream!

      Thank you very much for commenting Kathy. It is greatly appreciated :)

  2. I love the energy behind your writing Lou! I read the SoCal article you referenced, and have been following the work the Council for Economic Education (CEE) in this space. I think the cause is noble and the spirit is right. The idea that ‘financial literacy’ should be taught as a fundamental skill in school – just like reading and writing makes total sense. Where all of this ‘financial literacy’ talk falls short is in execution, action and let’s face it, funding. What it will take to reform our educational system and integrate ‘financial fundamentals’ into school curriculum and re-train teachers, would be very expensive. I have yet to see any real plan that includes a budget proposal that would actually allow any of it to come to fruition in the near future. I am afraid that these efforts will be lost, but I am a big believer that we MUST keep talking about it. The entire educational system in this country is so broken. One day the issue will be tackled, and hopefully when it is, the basics of financial life will be included. It should be REQUIRED, tested and perfected. Nobody should be allowed to get a credit card or a student loan or any credit or debt burden until they have received their financial ‘drivers license’, confirming they know the rules of the road. Many children today are seeing financial struggle of their parents/family as a way of life. Someone needs to teach them a different way, so that bad patterns and behaviors are not repeated, be it non-profits (like Operation Hope), CEE, Church, or school programs. Something is better than nothing, but our children deserve more. Let’s keep this discussion going. And keep pushing for ACTION!

    Follow me on Twitter @myhomematters

    • Thank you for this insightful comment! Yes; something is better than nothing but as I say in my about section; if financial literacy is so important, why isn’t it improving?

      We are talking about decades that these non-profits, banks, educational counselors and politician have been at it without much success to brag about!

      I am making it my mission to help as many people as I can learn the 3 pillars of financial life building skills I was sorely lacking which led to my financial ‘crash and burn’ even though by the ‘systems’ definition, I was completely financially literate!

      Please continue to check back in or subscribe to the blog to be updated on my progress!

      • I would just add that things have improved, its just not been fully socialized or institutionalized or politicized, or capitalizes, etc. There are great programs in pockets of the country that have seen strides. Its not going to get beyond this stage without a real commitment, policy and funding. Period. Right now its a one student/one household at a time proposition. And that means slooooow. Keep pushing – your mission is absolutely the right one, and this movement is needed. Good luck!

        • Thank you…and that’s exactly what I’m about to embark on; a mission to build an army of liberated consumers free to pursue their economic future unencumbered by the chains of debt and consumerism. :)