Settled Myself
I think the key to this settlement business, is staying calm on the phone and saying as little as possible. This account was ready to charge off and the fella on the phone said he absolutely could not go below 35% as that was his company policy.
I am slowly climbing out of debt hell. All my other accounts are with a dmp and they are getting paid in full, just at a slower, more manageable pace. I just want everyone to know that this is possible, there is hope. Thank you everyone for your support and help.
YEAH that's great good for you. I've been wondering if you hold
YEAH that's great good for you. I've been wondering if you hold out a little bit if they then give in, sounds like it!
but how much did you owe them originally? before all the fees? i
but how much did you owe them originally? before all the fees? if you settled for 750$?
That's good you got that good of an offer after just 4 mos. afte
That's good you got that good of an offer after just 4 mos. after your last payment. I thought that charge-offs occurred after at least 6 mos that they would not discuss any beneficial savings at least in the 6th month. Wow! What month did they offer $1050 that's less than half. Very impressive on a not so large balance too! Persistence and knowlege pays off.
That sounds great, but have you checked your credit report to se
That sounds great, but have you checked your credit report to see if it was removed once you settled for a reduced amt? Or does it appear as a paid collections acct?