my husband owes discover 7000 dollars and I tried to settle with them and the woman was very rude and told me there was no settlement offer. I dont understand when your not paying they hownd you but when you want to pay the make it impossable. help
2007-07-06 10:11:20 · 6 answers · asked by Jennifer H 4 in Business & Finance ➔ Credit
There are several factors that make a settlement acceptable. How far past due? How much you have to give? Your future ability to pay? and you payment history with other creditors. If you are paying other creditors they see you have the ability to pay and will try to maybe set up a payment program to reduce interest or stop fees. If you are about to chargeoff they may want to prevent that from happening and try to settle. I think alot of people think collectors are just there to harass you but they truly want to help alot of times because alot of us have been there and done that. If you are not speaking with someone reasonable ask to speak with a supervisor or call back and speak with a friendlier person.
2007-07-06 10:20:48 · answer #1 · answered by tychja26 1 · 1⤊ 0⤋
Folks in collection have alligator skins. However, you MUST remember that they are in the driver's seat here. If your husband owes $7000, they have a right to every penny of that money. Anything less than that which they will accept should be considered a GIFT by you and your husband.
2007-07-06 17:51:17 · answer #2 · answered by acermill 7 · 0⤊ 1⤋
When one of those leeches call me I have a method of getting rid of them. I just carry on a conversation with them as if everything was okay but totally different from what they're saying. For example, "I won?! How much did I win? When can I expect the check? My son? He's fine but not here right now. Did you enjoy your vacation? I plan on going to Hawaii myself some time." They usually hang up on me. LOL
2007-07-06 17:38:49 · answer #3 · answered by Ladybug II 6 · 0⤊ 1⤋
Make no deals with them you cannot afford. Know the laws and that they can only call you on weekdays and Saturday between 8AM and 9PM.
When they get rude, hang up.
Also, document your conversation. If they resort to tactics that are unfair to you, you can present these to an attorney and join a class-action lawsuit that will help put these bastards out of business!
Make them come to your terms.
2007-07-06 17:18:02 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Try telling them that you know that you owe them the money, but you have no assets, and are considering bankruptcy. You know someone who will lend you $1,000. Would they settle for that? Then ask to speak to their supervisor, and try it again.
2007-07-06 17:27:14 · answer #5 · answered by Bibs 7 · 1⤊ 0⤋
you know if you dont want them calling your house you need to tell them. and why should they settle? do you have some kind of bankrupcy going on? time to take out another mortgage on the house and get rid of the credit card.
2007-07-07 20:12:19 · answer #6 · answered by Ida 5 · 0⤊ 0⤋