DIY Settling with Chase.
Date: Sat, 03/03/2007 - 11:40
Hey all, i'm really behind on my Chase card though i made a single 50 dollar payment last month i was just charged another 136 dollars in fees. Chase will not allow me to go into my debt management program again because i was dropped due to job loss.
I'm still a few payments behind but i want to settle my debt which is currently 2,639.24 cents to whatever it would be in prinicipal without finance charges or latefees which is probably 1,200 something. Do you know of a good letter to send them or a way to negotiate with them? I want to do this myself and i've checked the DIY section but nothing that i'm looking for. Thanks!!
I'm still a few payments behind but i want to settle my debt which is currently 2,639.24 cents to whatever it would be in prinicipal without finance charges or latefees which is probably 1,200 something. Do you know of a good letter to send them or a way to negotiate with them? I want to do this myself and i've checked the DIY section but nothing that i'm looking for. Thanks!!
See this sample letter. It's a generic letter. Tweak it accordin
See this sample letter. It's a generic letter. Tweak it according to your personal requirements and enter your info. Send the letter by certified mail and return receipt requested.
Thanks for the letter! So basically if i wanted to settle for 1
Thanks for the letter! So basically if i wanted to settle for 1,300 or 50% of what i owe I would just say i'll pay 200 a month for the next 6 months in that letter ? Any strategies to get them to accept this proposal? thanks! :D
Also, where would i send this? Should I send it to the address w
Also, where would i send this? Should I send it to the address where I send payment? I've looked around but i see different PO boxes to use for different things.