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I read that you should try to negotiate lower interest rates with credit card companies but when I tried, they basically said bite me. So the next thought was researching debt consolidation services but those look a bit sketchy.

I read that those debt places can "negotiate" the rate down to 9% but my question is how? If they are basically buying my loan from me, what makes the credit card companies NOT say 'bite me' to them like they did to me? And I also heard that the debt consolidation ruins your credit too….and help is appreciated.

Generally money is delegate active. When you are a customer,
the truth is some people give you a fare price. Some locations
especially in high cost items like homes, autos, and furnishings
are union teamed investor clubs. They use far too many plan b
for themselves add ons. This is truly the case in money loaners.
The collection for bank like business is severe, paid in labor
and what you see is police their property. Some do work. Not
many are healthy minded about fareness, health, food, or safety.
The overlords of all this authority is rare, yet they use force. What your not hearing about is what is a local bad money site.
The public image of banking has to be good, it is important.
As an indiviual you need be active in money management teams
like Red Cross, education, prayerful churches, book clubs to have fresh ideas. Please do not equate television with intelligence.
These tools of mass management mean to be helpful, they may
be scientically chose voices that even make some people shop!
Keep in mind that your intelligent life is supportable with the
continuing choice to belong to fare minded action. Here is a
good idea, keep in mind that until 2009 all the bills are actually
paid by the world's 2 richest people, paid ahead for you. This
positive planning is what they hope will guide you into a solid
process team.

I need some direction, I have a few debts that I am going to need to pay off. I read that you can negotiate with your creditors a lower rate. How would this work, and has anyone ever had sucess in this?

Well if your asking for a lower rate or making a payment plan call the number on the back of your card. They can work with you.

If it has already been forwarded to a collection agency go to one of those credit help places and talk to them alot of the time the price will go down significantly.

I have credit card debt that I have the money to pay off. However, I heard that credit card companies will negotiate a lower amount, say $2,000 instead of $3,000 in order to get the cards paid in full.

1. Is this true?

2. Does this look bad on your credit report? Or does it even appear?

3. How does this work and how do you go about negotiating with them?

Thanks for your time!

1. rarely … they've heard every possible reason at least sixteen times over

2. yes. it is called a charge off. if you were charged off on one credit card, how many other banks do you think would be interested in giving you another one — within the next 7 to 10 years??

3. in your case, it likely won't work. you'd have to lie. and since they've heard every excuse and every lie already, you'll probably be detected.

***
just pay up — honesty has a refreshing quality to it that pays dividends in the long run.

?
Negotiate with the creditors to reduce the debt that you own initially so you aren't taking such a HUGE loan with them? Can any company function in this way to help the consumer?

It doesn't work that way. Debt consolidation companies are a joke.
What they do is not pay your creditors for months and then try and settle for less. No special skills. They just don't pay. It will trash your credit.
Your creditors do not have to deal with these people. It's your debt.
Also, if they don't pay your creditors. You, and you alone are still responsible for the debt. Your creditors will sue you and not the company you hired.