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Should I agree to the offer if a credit card company is ready to settle the offer at 80%?

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Should I agree to the offer if a credit card company is ready to settle the offer at 80%? That is, I have to pay 20% less the debt amount.




You should re-negotiate for a better deal. 80% is not at all a good offer. Who is your creditor? How long are you past due?

Sub: #1 posted on Thu, 07/12/2018 - 02:10

Nick Jonas Nick Jonas

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How much you owe to them? How long are you past due? 80% is not a good deal at all. You should try for at least 60%, if the debt amount is big it will save a lot.

Sub: #2 posted on Thu, 07/12/2018 - 06:13

tiarajoseph11 tiarajoseph11

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No way @Brian...

Get a grip man.. 80%?? Are you kidding???
Start your negotiation from 40%... probably then it will end up somewhere around 55-60%....

Sub: #3 posted on Fri, 07/20/2018 - 04:41

Phil Bradford Phil Bradford

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