Debt Settlement Capital One

akapulika

how well does debt settlement work with Capital One?

DarkConvict

I assume you mean F&F, the same as everyone else i believe - http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=24_full_and_final_settlement_offers

well here is a ROUGH guide on what companies have been known to accept,

please remember some people get lower amounts other have to pay much more than this,

these things depend on so many variables including what side of the bed the person in the company got out off

anyways rough guide is below

Debt still with original creditor NO default = 90% or more
Debt with original creditor but with a default = 75% or more
Debt with 'in house' debt collectors of the original creditor = 60% or more
Debt with external debt collector however still property of original credit = 40% or more
Debt owned(purchased) by external debt collectors = 25% or more

apostol

I suppose it depends on the amount of debt and how good the negotiator is? I'm not sure -but if they've already sent you a letter saying that they are taking legal action against you-with a reminder that you could settle your debt with them-take it as a signal to negotiate a settlement. I heard that they really do sue debtors.

pistelman

i was on a repayment plan with them and have just setteld my a/c with a 90% payment. (owed £702, paid £633. not a brilliant discount but glad the debt has gone.

been trying to get confirmation in writing that the a/c is closed for the past 2 weeks for peace off mind