Settle New Debt
Date: Sat, 02/21/2009 - 19:22
Will Credit Card companies BOA, Chase, etc settle newer debt also? $8000 debt is 2 months old on 12 month 0% promotion.
i would seriously doubt it scince you have 0 percent intrest the
i would seriously doubt it scince you have 0 percent intrest they havent made anything off of you yet so if you try to settle with them, you would actually be settling for what you just borrowed. usually settlement occurs after they have honestly made thier money back and then some. say like you charge 1,000 to a card and have been paying it for a couple of years. they have made thier 1,000 back and then some so its not like they are loosing out of pocket.
besides, 0%, hammer it hard for the next 10 months if possible. your not gonna get a better deal than that right now.
