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Settlement Figures on Cards?????
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suttied
Posts: 1 Newbie
in Credit cards
I have just received some family money and am looking to pay off all my cards. The problem i have is that i am a few thousand short but want them all paid off. Is there anyway CC companies will accept a lower settlement figure without going through defaults etc?
0
Comments
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No.
Unless you default on the debt and it is passed to a debt collection agency (by which time your credit history will be marked by it) and they agree to take less than the full balance.Regards, Robin.2011 MFW # 34
Mortgage starting balance at Sept 09 - £127,224 on 30 year term. Currently balance approx £116,945 (Updated Jan '12)
Estimated MFD - [STRIKE]Sept 2039[/STRIKE], April 2031 (in progress!)0
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