Before I get into my interview with a former debt collector, I’d like to give you the back story as to how this all happened. A couple of weeks ago I received an email from a guy who said he was a
Question I have several credit cards in varying stages of delinquency. How far behind does one typically have to fall, before a creditor is ready to accept a reduced settlement? And when do creditors typically give up and send the account to
Question Do you have any advice on debt settlement companies? I am involved with one now and I am not sure I made the right decision. Response I personally do not like debt settlement companies and wouldn’t advise anyone to use one.
Question I have an unpaid account in collections. But the original creditor is also on my credit report. Which one should I negotiate with to pay and have it removed? Do I negotiate the full amount, or the settlement amount? Response Try