Citi, Chase Settlment offer
Date: Tue, 02/16/2010 - 10:58
Hi all,
I recieved settlment offer letter last week. As I posted here before, I have two citi card each around 24K. Citi offer me 10K for settle one card. I haven't heard for the other citi card yet.
Since I am just less than 60 days behind, should I wait for longer to better offer? the letter says on March 30th they will charge off this account.
Chase also offered me three card at different %, 45% 55% and 85% for three card which is also around 60 days past due.
Capital one never contact me after one phone call, Discover keep asking me to make a minimum payment since this one is only 40 days behind.
I would appreciate any advice from you.
Thanks
I recieved settlment offer letter last week. As I posted here before, I have two citi card each around 24K. Citi offer me 10K for settle one card. I haven't heard for the other citi card yet.
Since I am just less than 60 days behind, should I wait for longer to better offer? the letter says on March 30th they will charge off this account.
Chase also offered me three card at different %, 45% 55% and 85% for three card which is also around 60 days past due.
Capital one never contact me after one phone call, Discover keep asking me to make a minimum payment since this one is only 40 days behind.
I would appreciate any advice from you.
Thanks
I did not start getting good offers until 150+ days late. You j
I did not start getting good offers until 150+ days late. You just have to wait.
I settled with Citi for 45%. Had 3 accounts with Chase and got
I settled with Citi for 45%.
Had 3 accounts with Chase and got overall right at 40%.
Cap One and Discover are brutal.
Search the forums.
Good Luck and please keep us posted.
Is this common to get settlement offers just being 60 days late?
Is this common to get settlement offers just being 60 days late? Did they contact you alot by the phone? Gosh..all of these settlements/creditors are so different. So very interesting. Sorry not offering anything but just had to comment. :>