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Re: national check bureau


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Posted by Paul (216.127.82.99) on April 22, 2004 at 21:23:47:

In Reply to: national check bureau posted by airics on April 22, 2004 at 20:23:48:

You asked "what is a fair amount to try to settle with these guys.. ?"

National Check Bureau is a "debt buyer."
Your account charged off 03/02 making it a little over two years old.

Here is what 2 year old charge offs sell for
2.50% to 2.75%

So they purchased your $10,800 worth of charge offs for around $300.

What do you think would be a "fair" settlement to a company that paid $300?

You really should think about fighting them in court. They don't always get the proper documentation to prevail in a lawsuit for their 3 cents on the dollar purchases.



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