help
Date: Thu, 05/03/2012 - 14:53
I owe capital one 600.00 and it is with a collection agency, I want to know what a decent settlement offer would be before I call them. Thanks
Michelle
Michelle
You have a small balance...so the CA is not making much. And th
You have a small balance...so the CA is not making much. And they are not going to waste much time negotiating They are not going to want to settle off very as it will eat into their commisions.
Downfall on this is Capital One doe actively sue...even on a $600 balance. You pay the court and legal costs.
I say you take a single crack at making a settlement offer and s
I say you take a single crack at making a settlement offer and see if they agree. If they don't, see if they agree to setting up a payment plan in case $600 is too large an amount for you to pay in a single go.