Debtguy393939 Posted January 7, 2019 Report Share Posted January 7, 2019 So I have been hearing grumblings that since late 2018 and definitely 2019 USAA, through collection agencies collecting on USAA behalf, will not accept more than a 45% reduction, paying 55% of balance. Has anyone tried or actually settled an account of those since November 2018? I had one back in 2017 i settled for 30% of the balance over 12 months. Wonder what changed. Quote Link to comment Share on other sites More sharing options...
WhoCares1000 Posted January 7, 2019 Report Share Posted January 7, 2019 New management, better record keeping (which means it is easier to prove their case), or an assortment of other reasons too numerous to list. Remember that as part of settlements, the creditor is always allowed to take it or leave it. Then it is up to you to continue the negotiating process. Each creditor is different. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.