Negotiating A Settlement

I have a couple of items that are in collections. Can I negotiate with the company to settle for an amount that is less than what is owed? If so how do I do this?

Thanks!
Tania

Comments(1)

  • 2000rock23rd August, 2003

    newbiebirddog,

    "I have a couple of items that are in collections. Can I negotiate with the company to settle for an amount that is less than what is owed? If so how do I do this?"

    YES!!...You have to contact them and agree on an amount that is agreeable to THEM and YOU!

    ...ALSO....get in writing, fromYourCreditor, that (if you pay your debt as per-agreement) you have PaidInFullAsAgreed!

    ...ON YOUR CREDIT REPORT...


    ....as always,


    GoodInvesting, Rocky

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