http://debtsucksblog.com/2010/05/07/capital-one-settlement-refused/ I WILL be debt free by May 2014! Wed, 01 Feb 2012 03:57:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://debtsucksblog.com/2010/05/07/capital-one-settlement-refused/#comment-1801 Matthew Wed, 16 Jun 2010 21:17:03 +0000 http://debtsucksblog.com/?p=708#comment-1801 Creditors will negotiate further if you have funds available to pay the account in full at the time you are negotiating the payoff. I had a Discover Card where I owed 7k on and after not paying on it for 6 months I called and asked what I could settle for and they said 5500 when I told them that I just received my tax return money and I could pay the debt in full but only have 2500 that I can pay. To my surprise they agreed to settle at that amount. Creditors will negotiate further if you have funds available to pay the account in full at the time you are negotiating the payoff. I had a Discover Card where I owed 7k on and after not paying on it for 6 months I called and asked what I could settle for and they said 5500 when I told them that I just received my tax return money and I could pay the debt in full but only have 2500 that I can pay. To my surprise they agreed to settle at that amount.

]]> http://debtsucksblog.com/2010/05/07/capital-one-settlement-refused/#comment-1741 Jake Fri, 07 May 2010 19:42:59 +0000 http://debtsucksblog.com/?p=708#comment-1741 Well, that was one of the options on the table, hence the final paragraph. There just wasn't anything really doable. That, and I needed to get my ass to work, so time was a factor. Well, that was one of the options on the table, hence the final paragraph. There just wasn’t anything really doable. That, and I needed to get my ass to work, so time was a factor.

]]> http://debtsucksblog.com/2010/05/07/capital-one-settlement-refused/#comment-1740 Investing Newbie Fri, 07 May 2010 17:34:12 +0000 http://debtsucksblog.com/?p=708#comment-1740 If they were willing to negotiate so much, couldn't you have prodded him further? Like how about you lower my debt and I promise to raise my payments? If they were willing to negotiate so much, couldn’t you have prodded him further? Like how about you lower my debt and I promise to raise my payments?

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