Settlements w/Chase, Discover, GE Money Bank & Sears
Date: Wed, 09/01/2010 - 18:19
What are your experiences with settling with any of these creditors? Should I be calling and saying we aren't able to pay? We are 35 days late on these. Loss of income and can't pay, but so scared because I don't want to do this wrong. I haven't read anything about Sears. Should I be contacting them or let them contact me? Thanks
I'm surprised they haven't called you yet. Communication is key
I'm surprised they haven't called you yet. Communication is key. If you have money to settle, start making calls and/or sending settlement letters. Start low and negotiate to what you're actually willing to pay :) Good luck!