Will chase settle if i'm only 36 days past due?
Date: Tue, 01/27/2009 - 22:05
I am now 36 days past due. I just received my tax return and I'm hoping that they will settle the account at around 35% if I give them about $650 cash all at once.
Is this realistic?
(I know this doesn't seem like a huge balance, but it's one of many cards I have, and I really don't make that much)
Thank You
reply
i had a chase card and they will wait awhile before considering settling.at least 90-120 days.jb is correct.give it another 60 days,then try to settle.
I agree with Jack Black and Paul. Typically the account must be
I agree with Jack Black and Paul. Typically the account must be at least 90-120+ days late for a creditor to be willing to negotiate a settlement with you.
Did you have a medical hardship? That's the only reason that I
Did you have a medical hardship? That's the only reason that I have seen for them settleing quickly.
I did not, heck...it was the first letter I received from them..
I did not, heck...it was the first letter I received from them...I called them to see what it was about and they suprised the hell out of me when they told me how much they would settle for.
hmmm. Thanks for the replies. I'm hoping that maybe they will dr
hmmm. Thanks for the replies. I'm hoping that maybe they will drop my APR then, bc it's killing me.