Settlement Payments
Date: Fri, 07/02/2010 - 11:51
Is there an advantage to working with the lender who has charged off my 2nd (Home Equity Loan) vs. letting them send it to a Collection Agency and then negotiating payment with them?
Yes, it is always better to deal with the original lender or cre
Yes, it is always better to deal with the original lender or creditor than the collection agencies. Moreover, in order to remove the charge-off you will have to deal with the lender.
Quote:
Is there an advantage to working with the lender who has charged off my 2nd (Home Equity Loan) |
letting them send it to a Collection Agency and then negotiating payment with them? |
Yeah it could be possible to do so. You need to just arrange a m
Yeah it could be possible to do so. You need to just arrange a meeting with the officials personal for that and there should be some written agreement on this so that it can be secure from you side to the matter.