They want to know my income...
Date: Fri, 08/20/2010 - 13:50
Should I tell them? Thanks
You want a settlement? Cooperate. They need to be able to just
You want a settlement? Cooperate. They need to be able to justify why you are getting a settlement.
Well, you can look at it two ways: Generally I don't agree wit
Well, you can look at it two ways:
Generally I don't agree with sharing personal info at all.
BUT, if you income is low that does help...especially if you lost your job.
Finally, after 150 days they don't care about such detail, so I'm guessing you are not nearing chargeoff.
My experience was that almost none of the CCs that I settled wit
My experience was that almost none of the CCs that I settled with at 120 days asked me much about income or my living expenses.....Not BOA, Citi, Chase or Cap One. I do believe that one of my dept store credit cards did.....but I pretty much just told them all that my husband's business had gone out and Maybe because they can see all of your debt (they have your credit report right before them) that they didn't question me. I did answer some basic questions about my income when it came to one of my accounts when I was applying for their hardship program (BOA)....then they did ask about my income and living expenses.
So, my experience:
settling husband's debt after 120 days: no specific income or expenses questions
Hardship programs (2 cards): yes, questions
