Chase & B of A Settled!
Date: Thu, 04/08/2010 - 19:15
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 v
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!
Yes the letter is vague. It does have the word "settlement" in
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.
That would make me worried. Please keep us posted.
That would make me worried. Please keep us posted.