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How to begin the settlement process


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Posted by Daniel (199.72.143.194) on July 08, 2004 at 11:15:51:

I have an amount that I want to try and settle with a creditor - what is the best way to begin the process? Should I begin trying to settle with them at 30-40% - The account is about 10 months old - I have been with a credit agency for several months and they have not done anything for me except get one small account paid off and let the others go - I want to take it over myself - where do I start. I have some funds to work with and a pretty good monthly amount to throw at it.
Any suggestions would be helpful.


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