Ive been offered a settlement amount for a store card that is 85 days passed due. The bal owed is 1600.00 ruffly there offering me 1100 but will show legally settled for lesser amount and this was offered in a letter that they sent to me. Should I settle or wait until I could pay the full amount which by that time could be hundreds more I have to get back to them by the 17th of this month any information would really help.
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cost less
i would do cost less
your credit already has taken a hit
settlement does not change this fact much
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Sunday, September 14, 2008
I have been offered a settlement. Should I take it or not
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2 comments:
Yep, excellent advice. If you get a settlement offer, take it. If you wait your credit will only get worse and it will cost you more money.
Good day,
I already put your blog in my blogroll titled "Fix bad credit reports free"
You check it in Credit Card Processing and Merchant Services Blog
Best regards,
National Merchants Corp
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