With the advent of the recent credit card bankruptcy laws, Delta Airlines has come up with a new strategy to resolve their credit card issues. This new strategy will allow them to keep their good credit ratings and to get their airfare rates lowered by many times. Delta is taking this opportunity to help their customers out of trouble.
As most of their customers do not own any other credit cards, they are under a lot of trouble and trying to make the payments on their other credit card bills as well as the fees and late charges. Their credit card issuers are not doing a very good job in negotiating these issues with them.
Delta is trying to change the way that they are charging their customers by eliminating late fees and increasing the minimum payment. In fact, this is not the Delta's original plan as it was only meant to reduce their spending and to increase their revenue and profits.
But Delta has realized that a customer who has a bad credit history or any credit issues will be more likely to use the airline once again as soon as his or her credit score improves. Therefore, the new plan is helping Delta to get their credit card customers back and also to get their airfare rates reduced.
Another good news for Delta is that their credit card issuers are now willing to lower their interest rates, which will mean that many of these customers will be able to pay off their credit cards without having any more problems. Even better news for Delta is that most of their clients will be able to get their balances reduced.
Delta's new plan will work for all of their credit card customers because they are trying to get rid of their high credit card spending problems and to reduce their debt levels. Their customers should start using their Delta Cards for purchases that will help them avoid the late fees and the higher rates charged by their credit card issuers. If you are a Delta customer who is in debt and do not know what to . . . . . . do, you should check out this website to find out what the best solution is for you.