Confused by Discover
Date: Thu, 10/04/2007 - 00:50
On September 4th, I got a letter stating that since I was entering into a program, my account will be closed effective immediately.
Then tonite I get an email stating that if the amount due now isn't paid by November 2, I will be considered in default of my agreement & that Discover may ask for the full balance due.
Normally my payment date would have been 10/11, but the letter I got tonite said 11/2. Is that because I entered into the program? Or is the letter I got tonite just something that is 'normal' & common? The account isn't closed yet-so I'm thinking its something that was just generated by the computer system...
There's no way I can afford to pay the consolidation company & Discover. Either I take the money I was going to pay the consolidation company this month and pay Discover or just stay with the consolidation company. I'm just concerned as I don't want to leave Chase (my other creditor) out in the cold (which is what would happen if I just paid Discover this month). I could flip flop...one month Discover gets $400 & the next month Chase gets $400...but that's doesn't seem like a good idea either...
I have to call my consolidation company in the morning & see what they say, but wanted to see what thoughts you had on this.
Probably best to stay with your consolidation plan and let the d
Probably best to stay with your consolidation plan and let the debt consolidation company deal with the creditors.
Thanks Sherrie. I'm just so behind I don't know what the be
Thanks Sherrie.
I'm just so behind I don't know what the best route is & I'm a worry wart. I want to make the best decision & not get myself into a deeper hole than need be.
Called the consolidation company & the rep said that sometimes t
Called the consolidation company & the rep said that sometimes these letters are just automatically generated. The rep said that Discover said they would accept the offer of $155/month verbally, but they need to wait for the proposal confirmation in writing. She said once the payments process then the letters & calls will stop. Just right now I'm in a "limbo" of sorts. I'm enrolled in the program, but I haven't made my first payment for the creditors. So save save save I must do!