Jump to content

sifxpert please help


freebase
 Share

Recommended Posts

Hi

I need help with wamu (1000.00), household (500.00), 1st premier(500.00) and firestone (750.00). I am willing to pay balance minus fees int ect. Also I received a call form katzen technoogies for hsb. Never heard of them before.

Any help appreciated.

Link to comment
Share on other sites

Why would you settle balances these low? Most creditors will not settle accounts in the $500.00 range and besides, you would have to fall behind 5-6 months until a reasonable settlement is offered and by that time your $500.00 Household is now $800.00.50% is $400.00.

Doesn't make any sense to me. If you are behind already and have funds to settle I would go ahead and settle the larger accounts and try to re-age one or two of cards so that you can have open accounts that are reporting current instead of just getting started building your credit and have the bottom fall out so quickly.

If all of the accounts are charged off or just unwilling to to re-age which is unusual then settle them all.

The last thing I would do is settle though and everyone here knows what I do.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.