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debtsucks
Guest
What is the name of your state? OR
I'm trying to work out a settlement with my CC company. A little over a month ago, they send me a settlement letter, but only gave me 7 days to pay, which was impossible for me to get the money or loan. Anyhow, I'm still trying to work with them to send out another letter with another effective date. Now they simply won't send out another settlement letter unless I pay them a month's payment with check by phone. The guy I talked to has verbally told me that the money upfront here will be deducted from the settlement amount that we agreed upon. I want to give him the benefit of the doubt, but I want to get some advice from you guys/gals first. Is this stuff normal? Me personaly, I don't want to pay anything without such a thing in writing. The account will be 6-mos past due on the 18th of this month. What usually happens then?
Thanks for your time and help.
I'm trying to work out a settlement with my CC company. A little over a month ago, they send me a settlement letter, but only gave me 7 days to pay, which was impossible for me to get the money or loan. Anyhow, I'm still trying to work with them to send out another letter with another effective date. Now they simply won't send out another settlement letter unless I pay them a month's payment with check by phone. The guy I talked to has verbally told me that the money upfront here will be deducted from the settlement amount that we agreed upon. I want to give him the benefit of the doubt, but I want to get some advice from you guys/gals first. Is this stuff normal? Me personaly, I don't want to pay anything without such a thing in writing. The account will be 6-mos past due on the 18th of this month. What usually happens then?
Thanks for your time and help.