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How to negotiate with a CA to reduce payment to satisfy debt

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J

jf1

Guest
What is the name of your state? NC

Direct Merchants Bank sold off card to World Wide Collections who sold to Collect America. I got my first call at the office on this Wednesday. I've asked them to send info to my address concerning this issue. My credit limit was set 300.00. I never charged anything over 200.00 they are now telling me to pay 1800.00 to close the account. What is the best approach to clear up this issue short of paying the 1800.00.

Thanks in advance.
 



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