Update
Date: Thu, 07/08/2010 - 09:48
I was going to try to settle, but I am thinking about taking this offer. I want to pay my debt. I just think that it is a shame that after 7 years of on time payments (never late!!) It took me being 34 days late to get them to reduce my interest.
What do you think? I told the girl that called to call me back in a couple of hours. Please send me your advice!
I'm giving this a little bump for you, hopefully someone will be
I'm giving this a little bump for you, hopefully someone will be available with some advice soon.
i answered in their other thread.so did DOLLARS AND SINCE.please
i answered in their other thread.so did DOLLARS AND SINCE.please refer to that thread.
Thanks Shazzers!! I did read the replies in the other post. I
Thanks Shazzers!!
I did read the replies in the other post. I probably shouldn't have, but I started a new thread because I was worried nobody would read the old thread again. See my reply in other thread.
TD my own advice would be to try to get them to lower the intere
TD my own advice would be to try to get them to lower the interest rate through a hardship progam. BOA offered me a hardship on one of my cards...I owe around $12,000 (I'd have to look up the exact amount) and they offered me $230 for 60 months at 3.5% interest. I took it! I would try to get them down on the interest which will lower your fees.
Quote:
Originally Posted by tdavis Wells Fargo called today and I explained my situation again. This time they offered to waive the $768 in fees and past due payments. Drop my interest rate from 30.75% variable to 11.9% fixed for 60 months. Close my account and report pays as agreed on my credit as long as I pay $162/mo. I owe just over $7000 now so I would be paying back $9720. Do you think I should make a counter offer for a lower monthly payment? I was going to try to settle, but I am thinking about taking this offer. I want to pay my debt. I just think that it is a shame that after 7 years of on time payments (never late!!) It took me being 34 days late to get them to reduce my interest. What do you think? I told the girl that called to call me back in a couple of hours. Please send me your advice! |