Debt settlement - dealing with collectors
Date: Fri, 10/31/2008 - 17:55
I have been aiming for settlement for the last 3 months now. Have talked to a n no. of collectors from collections departments of credit card cos. but everyone has kept pushing me to make payments. Now that I have reached 90+days and about to make settlement offers my saga is all these days I have no money and now how can I make offers. Wouldnt they tell me that if I have money to make settlements why cant I make minimum payments towards my account. Just keeps bothering me everytime I speak to someone to make an offer.
most companies won't accept a settlement until the balance has c
most companies won't accept a settlement until the balance has charged off. They want you to make payments, so they can continue to charge you finance charges and late fees.
How do I know if it's charged off? does it show up on the credit
How do I know if it's charged off? does it show up on the credit report?
