Setteling with CC companies?

iVillage Member
Registered: 07-19-2011
Setteling with CC companies?
4
Tue, 07-19-2011 - 8:34pm

What exactly happens when you settle with CC companies? How do you go about doing it? And how does it affect your credit rating?

iVillage Member
Registered: 03-17-2003
Wed, 07-20-2011 - 6:59pm

I would suggest that whatever you agree on is put in writing.

Community Leader
Registered: 08-25-2006
Thu, 07-21-2011 - 1:22pm

Definately keep track of everything and get something in writing.

I had it happen once where the rest was NOT written off and it wasn't until I went to refinance my house that I saw on my credit report I still had a balance due.

Serenity
iVillage Member
Registered: 11-18-2008
Fri, 07-22-2011 - 1:31pm
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iVillage Member
Registered: 11-18-2008
Fri, 07-22-2011 - 2:47pm
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