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Reasonable rate for settlement
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Posted by John M.
(65.58.125.53) on July 27, 2002 at 17:54:17:
I have nextcard, fleet and chase credit cards which are closed and have a total balance of $17,000+. I am current on my payments but I would like to settle the debt asap. What would be a reasonable percent to agree to when I call these banks? Of course 0% would be ideal but I am looking for a ball park figure so that I can make a better decision. Any resp is greatly appreciated.
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