Posted on
November 17, 2009
at
11:41 pm
What good is there if I avail of Capital one settlement services? Will I get a better deal or should I just do it myself?
Posted on
November 18, 2009
at
1:24 am
Capitol One Settlement Services? They're pretty tough to work with. They agree to settle, yes, but with higher percentages. Also, they will only agree to settle if your debt has been behind from 120-150 days past due.
Posted on
November 18, 2009
at
2:28 am
Capitol One settlement services typically offer to settlements that are higher than usual. It can range from around 75-90% of the balance owed. I heard of one incident where the creditor agreed to wave just $500 from the balance.
Posted on
November 18, 2009
at
4:39 am
A previous poster also mentioned that if an account is under Capitol One Settlement Services, especially if it has been transferred to a third party collection agency or debt buyer, you can be able to settle for at least 35-50% of the balance that you owe.
Posted on
November 18, 2009
at
6:06 am
Is it possible to not be charged if I deal directly with Capitol One Settlement Services?
Posted on
November 18, 2009
at
6:31 am
I don't think they would--you'd be dealing with them directly anyway.
Posted on
November 20, 2009
at
11:00 am
depends on what you mean by charged..there are good DS companies out there that can settle your debt down to about 45% of the total debt, and if you dealing directly with the creditor you are only getting it down to 70% of the total debt than you are being charged technically more by dealing with the creditor directly as opposed to dealing with a DS company.
