LowCredit Posted January 14, 2012 Report Share Posted January 14, 2012 New and really need direction. Trying to get debts in order and have managed to get up to date on most of them. I will eleiminate debt!Current concern is two credit cards totaling about $60,000.Both from the same bank showing Charged-Off on CR.They also show on CR under LVNV as Factoring Company Account, collection account.Not knowing what to do with all the calls I found CDRT on the web and they "promised, we will help". Well, they did, and set up trust account to collect payments. Then I learned they were keeping $50 of each payment.Short story is they(CDRT) with WW&R agreed to a lump sum and monthly payments on 1 card and I am making payments as agreed. (will end in a few months)Advise for the 2nd card please. WW&R calls regularly about paying for the second card. My replies have been, "Paying all I can at the moment, call me later".Thinking about doing a DV on the second card with LVNV, keep making the monthly payments to My savings account, and making settlement offers as the savings accumulate.Suggestions needed. Thank you.I will eliminate debt!! Link to comment Share on other sites More sharing options...
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