What is the best way to settle my debt with CA and for how much?
-
I have two charge off credit accounts on my credit. One for 900 and the other 700 ( both are about 3-4yrs old). I want to settle but dont know if its better to call and talk to a live person or type up an offer letter? Also, how much should i offer to pay on these accounts? Much needed help!!!
-
Answer:
What you should be looking for is a debt consolidation company that can give you 7-10% interest on the existing debts
mommy2b at Yahoo! Answers Visit the source
Other answers
You can give them a call and find out what they are willing to accept to settle the account. If these accounts have gone to collections recently, then the settlement that they will offer you may not be significantly different than the total amount that they are trying to collect from you. However, if they have been chasing you for a very long time then they may offer you to pay as little as 1/3rd of the amount due to settle the account. But as far as I know, it is not in your best interest to keep unpaid collections on your history for very long. Alternatively, you can tell them what is it that you can pay and see if it is acceptable to them. Just make sure that you ask them to send you a settlement offer in writing and you will pay the agreed settlement amount only after you receive the offer in writing. Also, ask them to send you a payment confirmation as well.
Related Q & A:
- What is the best way to distribute an audio/video feed from a computer to TVs over existing indoor coax cable?Best solution by Audio-Video Production
- What is the best way to clean LEGO bricks?Best solution by bricks.stackexchange.com
- What is the best way to advertise through EMAILS, and how or where do you get the emails from?Best solution by Yahoo! Answers
- What is the best way to learn how to build websites and web applications with Python?Best solution by Quora
- What is the best way to deal with back tax debt?Best solution by taxes.about.com
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.