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thelmaine

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I want to settle an account with chase for $11,000 is offering $5,000 a good idea?

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How old is this account?   You can always try, but it's been my exprerience that Chase doesn't negotiate.  Hope I'm wrong for your sake.  If the account is nearing 7 years, you realize it will fall off on its own, right?  Once you pay them off, it will stay on your report for 7 years after the date you paid them, unless you negotiate them to remove the account once paid.  If they agree to that, get it in writing before you pay them off.  Best of luck!!

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