Confused!
Date: Tue, 03/03/2009 - 10:29
I had a CC acct from GE Money Bank for about $1500. Got a settlement offer from them for 30%, over 4 pmts, which I gladly accepted.
After the 3rd pmt has been recently made (and I get notices from them monthly to confirm), I got a CA letter about that account.
Called the CA, thinking I was telling them something they didn't know. They proceed to inform me "it's been charged off - there's no settlement", and they're expecting to collect the whole amt.
So, what now? I plan on calling GEMB directly to see what's up, but where am I?
It sure didn't seem like a fool's errand to accept the offer, especially since it was from the original creditor, but now.... ??
After the 3rd pmt has been recently made (and I get notices from them monthly to confirm), I got a CA letter about that account.
Called the CA, thinking I was telling them something they didn't know. They proceed to inform me "it's been charged off - there's no settlement", and they're expecting to collect the whole amt.
So, what now? I plan on calling GEMB directly to see what's up, but where am I?
It sure didn't seem like a fool's errand to accept the offer, especially since it was from the original creditor, but now.... ??
Got to go through my papers this evening to find it. But I did
Got to go through my papers this evening to find it. But I did get it in writing. That's why I'm confused about the apparent "handoff". Will post more info when I check my records.
