Merrick Bank Credit Card
Date: Thu, 08/12/2010 - 19:05
Has anyone settled with Merrick Bank Credit Card or have you let it go to a collection agency. I am 6 months past due and I have not spoken with them yet. One is because I do not have the funds to settle. I am wondering which way to go and if anyone has had an experience with them. Thanks Jane
Quote:Originally Posted by AnonymousHas anyone settled with Merr
Quote:
Originally Posted by Anonymous Has anyone settled with Merrick Bank Credit Card or have you let it go to a collection agency. I am 6 months past due and I have not spoken with them yet. One is because I do not have the funds to settle. I am wondering which way to go and if anyone has had an experience with them. Thanks Jane |
I had an account with them...they offered me a payback option of settling at 60% or 36 monthly payments of $46 which was like 75%..I think they do inhouse collections..if you call them they will try and work with you..they sent me a letter with the options..I chose the monthly option because of limited funds. I have had no problems. good luck
I settled this one today for 40% and in 3 payments so I was sooo
I settled this one today for 40% and in 3 payments so I was sooooooo greatful they talked with me on this. I took the offer because if I had let it go to collections it would have added 2 months interest which would have been more than the 40%