Wells Fargo settlement
Hi - I\\\'m trying to settle with a Wells Fargo unsecured cc debt. I\\\'ve had the card for almost 4 years with a balance of 5400. Always paid on time and haven\\\'t made a transaction on the card in a year.
I ceased payments back in 10/10 and have been speaking with them about my financial difficulties since that time. Yesterday I brought up settlement for the first time @ 103 days past due and offered them 40% and they responded with 75% and stating why don\\\'t you just pay us 150.00 to keep this account current since you\\\'re able to come up with 2100.00. I stated it was a loan and if you don\\\'t take it I\\\'ll offer it to another settlement.
They wouldn\\\'t budge.
Previously they told me my account was approaching litigation. I think this was just a ploy. How did anyone else do with WF? Did you have to take it down to the wire @180 days?
I\\\'ve already settled with chase, citi and chevron and I have 3 cards left with WF, BOA and Juniper. I also still have an open account with Cap One which I\\\'m saving for last - I hope this isn\\\'t going to hurt my settlements chances with the others?