FINALLY..FIA/BOFA settled 20%
Date: Sat, 08/21/2010 - 11:15
Wow! Luckin that is a great story. Congrats and so glad you made
Wow! Luckin that is a great story.
Congrats and so glad you made the time to let us know!
Thanks,
Kaylee
Quote:Originally Posted by luckin10Ok folks it has been awhile
Quote:
Originally Posted by luckin10 Ok folks it has been awhile and I am sorry I have not been on here. Major health problems going on in the family. Anyways have settled FIA/BofA combined debt is nearly $80,000 between the 2 cards and they finally settled last month for 20% over 4 payments. I am done. I settled chase in May, Advanta in May and went on a Harship plan with another card that wouldn't budge so I am not going to fight anymore. Our debt we have left is manageable AND our dang home loan mod finally went thru as well so onto a better future. Due to family circumstances I just haven't been able to be on here, but I thought I would touch base and let you all know how the last one went. I was 120 days late and I got a really nice guy that after hearing my story he just went to bat for me. It was done in a matter of days. I am so grateful. We have made 2 payments and have 2 more to do. Hang in there it does happen and will!!!! |
Luckin 10.....great story....I too worked with a great person at the Senior accounts at FIA and at 120 days late....great gal....real nice and we settled at 20-25% on two cards with a large debt.....BOA was the easiest for us!! thanks for sharing...it is exhausting ....so you deserve a rest! Congratulations, sounds wonderful about your loan mod.....and a bright new future around the corner!
That's awesome!!! We couldn't get them below 30% so great job.
That's awesome!!! We couldn't get them below 30% so great job.
congrats on your settlements and good luck to you and your famil
congrats on your settlements and good luck to you and your family for a better future!
Hi there, Would any of your guys provide the phone number for
Hi there,
Would any of your guys provide the phone number for the great people you worked with? I have spoken to 2 lower level folks (also very nice) but we haven't gotten to settlement yet and it is coming up, I need a higher # to call.
You can PM me if you don't want to post it online. Please!
thanks,
Kaylee
a while back i had seen this number for the strategic senior acc
a while back i had seen this number for the strategic senior acct manager # 1-866-429-1097 i have tried it but it didn't get me anywhere. my acct with fia will be 120 days late on sept 1st and i have not gotten any offer yet, they won't even talk settlement. are there any other numbers out there????
Congratulations luckin.. Do keep posting and share your exper
Congratulations luckin..
Do keep posting and share your experience and knowledge here :)
Jason
The number I called was 866-520-3621...no idea how I got so luck
The number I called was 866-520-3621...no idea how I got so lucky other than frankly the Lord's help! I do know you need to be at least 120 days to get any good kind of settlement....hope this helps. Good luck.
BOA Gold Option Loan
Can anyone tell me if BOA is settling on their Gold Option loans like they are on their credit cards? I owe $21k and did not make my payment due on the 23rd. Sent the bill in saying "my wife had to cut back on hours based on heath issues: which is true...
Quote:Originally Posted by AnonymousCan anyone tell me if BOA is
Quote:
Originally Posted by Anonymous Can anyone tell me if BOA is settling on their Gold Option loans like they are on their credit cards? I owe $21k and did not make my payment due on the 23rd. Sent the bill in saying "my wife had to cut back on hours based on heath issues: which is true... |
Hi Unregistered,
I settled my Gold Option (formerly MBNA) for 30% at 180 days late over 3 payments. The days of the Gold Option are gone for sure. I remember how I received it. They called me one night and said: Since you already owe us a lot of money, how about if we put $25,000 into your checking account tonight? Well I spent it in a month and then paid on it for 7 years at $410 per month before defaulting on about $17k balance.
Quote:Originally Posted by danthemanHi Unregistered, I settled m
Quote:
Originally Posted by dantheman Hi Unregistered, I settled my Gold Option (formerly MBNA) for 30% at 180 days late over 3 payments. The days of the Gold Option are gone for sure. I remember how I received it. They called me one night and said: Since you already owe us a lot of money, how about if we put $25,000 into your checking account tonight? Well I spent it in a month and then paid on it for 7 years at $410 per month before defaulting on about $17k balance. |
Scoche here, I was the "Unregistered" you answered...BOA did the same thing to me. Back in March of '08 we got about 25k to pay off 2 credit cards, but used the available a couple times so the balance is at 21k with a payment of $587.00. Can't make it now and the first payment I didn't pay was due on the 23rd of this month. I e-mailed them on BOA.com, and got a reply that I had to call a number since they couldn't reply to me via e-mail. Should I just wait to see what happens? I will probably have about $6k by December that I could settle with. What are my chances???
Call 866-833-6398 they can probably get you a settlement 20 cent
Call 866-833-6398 they can probably get you a settlement 20 cents on the dollar.
Just ignore the solicitation above. BOA will not help you if y
Just ignore the solicitation above.
BOA will not help you if you call before you are about 4 months late. After that time, they will probably mail a settlement offer to you, as they did to me.
i was told that i will be 120 days late sept 1st, should i conta
i was told that i will be 120 days late sept 1st, should i contact them after that or wait for them to contact me?will they settle over the phone or only by mail? i got a recorded message the other day on my answering machine saying for me to call that they had an offer for me, when i called they wanted to know if i could make a payment and when?
I would call 866-833-6398. They settle right away with your cred
I would call 866-833-6398. They settle right away with your creditors. You only pay them a small fee and you pay the creditors directly once you receive a settlement letter, so you see where your money is going. In most cases the settlement is around 20-25 cents on the dollar.
No they do not! This is a lie. This posting is by a person who
No they do not! This is a lie. This posting is by a person who wants your money for something you can do directly with the creditor.
MODERATOR, please!
Dantheman - did you not contact BOFA during the whole 120 days a
Dantheman - did you not contact BOFA during the whole 120 days and they automatically sent a settlement letter?
Is the strategy not to contact the creditor and describe your hardship story until being at least 120 days late?
Yes, I simply waited for the time to pass. I did talk to them a
Yes, I simply waited for the time to pass. I did talk to them about once a month or so and told them the same story every time. It was not until 5 months that they offered settlement.