National City/PNC
Date: Sat, 02/14/2009 - 17:28
Is anyone familiar with their willingness to settle?
Right now I have 8200 with them, at about 8% interest.
I would like to settle, however, I dont want to end up losing the lower interest rate by letting it become delinquent to try and settle, and have them not be willing to do a settlement.
Right now I have 8200 with them, at about 8% interest.
I would like to settle, however, I dont want to end up losing the lower interest rate by letting it become delinquent to try and settle, and have them not be willing to do a settlement.
Try the steps mentioned in the following page to settle your deb
Try the steps mentioned in the following page to settle your debt: -
How to settle your debts yourself and simplify your life
I haven't personally dealt with these banks. Others may help you better.
Hi clillemoen, No creditor will accept a settlement until the
Hi clillemoen,
No creditor will accept a settlement until they feel that accepting a settlement is better than getting nothing. Not only would you lose that interest rate, your credit score will take a large hit as the debt goes into default from non-payment while you are waiting for a good settlement offer.
To put it another way, if you loaned me $100 can I give you back a 20 and we'll be cool?
chrys
