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Chase & B of A Settled!

Date: Thu, 04/08/2010 - 19:15

Submitted by anonymous
on Thu, 04/08/2010 - 19:15

Posts: 202330 Credits: [Donate]

Total Replies: 3


Finally received my settlement letters from Chase (35%) and B of A (40%). It was like pulliing teeth to get them to fax them to me.

The letter from B of A is really clear on everything but the one from Chase is very vague and when I called to get clarification was told that they would send out a letter after all the payments have been received reflecting the 0 balance and that it was paid in full.

Has anyone else had a wierd settlement letter from Chase?


I settled with Chase for 30%. The letter they sent me is very vague. It says nothing about settlement. Only has that I agreed to $1XXX 4 payments and the dates due. I was told twice that the settlement letter has been sent. Call and tell them you're taping the conversation. She was able to verify the info. She said the 4 payments would settle the acct. I hope to receive the settlement letter today. If not, I'll be calling AGAIN. Good Luck!


lrhall41

Submitted by on Fri, 04/09/2010 - 09:55

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Yes the letter is vague. It does have the word "settlement" in it, but I was told that after making the payments I would get a letter stating that the account was "settled and nothing more is due".

Let us know if you get a different letter. They just refused to send anything else or change the one I received.


lrhall41

Submitted by on Fri, 04/09/2010 - 18:35

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