Settlement offer for NON-delinquent accounts
Date: Sun, 03/04/2007 - 13:34
Sorry if this type of question has been answered before but I haven't seen a similar situation addressed here. What are my options for negotiating a repayment plan for accounts that are NOT delinquent? I have some high balances on cards and simply want to offer a settlement on the debt. Should the creditor agree to a pennies on the dollar settlement, how are they likely to report it on my credit report? Should I make them think that my ability to pay the full amount is questionable and therefore in their best interest to take an offer for less than the full amount on the account? Thanks in advance for advice.
It sure can't hurt to try. Most business' would rather make some
It sure can't hurt to try. Most business' would rather make something than nothing. Try it. Let us know what happens.
