Why wont my credit card company respond to my request lower my minimum payments ?

Recenty my emploment and income was reduced. I have a credit card account which i closed last year I an current on all payment. I recntly asked them to work with me on lowering my bill. They have ignored all three certified letters I sent them I called and they stated that I could only lower the bill only by working with thier recommended debt management company.
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Jonathan H Levy

Jonathan H Levy Avvo Pro

Contributor Level 9
Because they are not obligated to negotiate with you at all - they only option they offer you is to work with their recommended management company. Consider this - if it was simply a matter of sending a letter and requesting lower payments - would not everyone do it?
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