Sorry, i cant remember what its called. But i heard that if you owe a lot of money, some places are willing to let you pay half right then and there and then not owe the rest of the debt..
for example: you owe $5000... you call the place and they accept $3000 as long as you pay the entire price and forgive the last $2000.
My debt is to Chase bank, and its only $300 (credit card).... doesnt sound like much, but when you literally have no money, its a lot to pay $10/month, then get charged with a fee the next month, adding $12 to your CC!
Asked by Anonymous at 9:32 PM on Apr. 18, 2011 in Money & Work
Answer by vbruno at 9:33 PM on Apr. 18, 2011
Answer by lovinlifewith5 at 9:34 PM on Apr. 18, 2011
Answer by kbishop8688 at 9:35 PM on Apr. 18, 2011
Answer by Finkette at 9:40 PM on Apr. 18, 2011
Answer by tabbys4 at 11:04 PM on Apr. 18, 2011
Answer by Erica_Smerica at 12:41 PM on Apr. 19, 2011
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