Credit card settlement offer...proof?
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Posted by Andrew on June 26, 2001 at 14:39:48:
I am negotiating on a credit card debt of 6,200. that has been bought by First Select. They told me that they would settle for $2500. if I transfered the money today, but would send me a letter later which would state in what sounded like vague terms release from the debt. I told them I needed something in writing before I sent money. Was this the correct thing to do.
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