Amex settles for $2500 on $34000…insane!
Tags: 10% balance, 2 years, amex debt, crazy monthly bill, debt, debt consultants, financial collapse, insane settlement, low monthly payments, yellow pages
So after I talked to the last debt settlement company, I found this on the yellow pages. Talked to the rep a couple of minutes and she gave me a run down on what she’d be able to do. Matched me with 4 debt consultants and they each told me what they could do with the amex debt. Best offer was approximately paying off only less than 10% of the balance. I went for it. And amex signed off on it. Just took a couple days. They estimated that I’d be paid off on the card in like 2 … Continue Reading