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Hsbc offer

Date: Tue, 05/25/2010 - 17:12

Submitted by viktor lazlo
on Tue, 05/25/2010 - 17:12

Posts: 11 Credits: [Donate]

Total Replies: 1


Ok...have a number of cards to settle (5) and have completed one with Advanta last month... $20k balance settled with collection agency for 25% was +190 days past due...regardless a good start.
Now working on HSBC. I'm currently 90 days past due and have had no contact with them or taken any of their calls....Today I received a letter from them offering me 60% on a $6200 balance payable over 6 months....my question is has anyone else got this offer and how sucessful and how quickly were you able to get to alower %?? i.e. 30%...I would like to call HSBC now and propose a 25-30% sett;ement but wanted input from this board prior to doing so..any feedback/comments appreciated!
Viktor