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Settlement with Continental Finance

Date: Mon, 05/25/2009 - 09:40

Submitted by anonymous
on Mon, 05/25/2009 - 09:40

Posts: 202330 Credits: [Donate]

Total Replies: 5


Has anyone ever settled with them? And if so what is the going percentage for them? I don't owe a lot but it is more that I can pay. It is in the recovery dept right now and i want to catch it now before it gets moved out the door. Any help you can give me would be appreciated.


I've never worked with them but if it is not something you deny owing, then a good place to start would be 30-35% on the amount owed. Understand that they are going to hit you with interest and fees that they may have incurred so be ready for that to be part of the deal. If you go in and offer the same percentages on the balance owed at the time that it went deliquent, they are likely to tell you to fly a kite - nothing personal but they all do. Good luck.


lrhall41

Submitted by on Mon, 05/25/2009 - 15:55

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hey ninegkids1 I recently recieved an email from them offering me a settlement on my $561 bill in the amount of $100 either paid in full or 2 payments of $50. just call them and ask them about doing a settlement cause I was in your shoes and they offered this to me out of the blue due to financial issues going on. just call and set something up their pretty understanding once you tell them whats going on.


lrhall41

Submitted by on Tue, 05/26/2009 - 14:52

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I erased the e-mail but the number that they called me from is 866-449-4530 I just hung up the phone from confirming my settlement payment of $100 and my bill was $569 so yes give them a call and see how it goes. keep us posted hope everything works out for you.


lrhall41

Submitted by on Wed, 05/27/2009 - 10:46

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