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Next steo with Bank of America?

Date: Tue, 03/23/2010 - 22:08

Submitted by anonymous
on Tue, 03/23/2010 - 22:08

Posts: 202330 Credits: [Donate]

Total Replies: 2


I have a 18k small business credit card. I think i am anywhere from 60-100 days late. I get an error when ever i try to look at my statements online.

Anyways today they offered me the 5 year plan. I told them to call me back soon after i can look over my budget. What is the best way for me to get them to settle from this point?

thank you guys!


Quote:

Originally Posted by Shazzers
They are tough, they also offered my friend a 5 yr plan. HA! We called them about once a month, sent settlement offers via the mail, and basically waited them out. Settled at 20%.

my problem with waiting another 6 months is the additional default rate interest. Shazzers, did you settle at 20% of a highly increased balance? How would that have compared to 30% 6 months prior. Thank you.


lrhall41

Submitted by dantheman on Wed, 03/24/2010 - 18:27

( Posts: 860 | Credits: )