Settling with Discover- Can it be done, and how? : r/Debt - Reddit

If you are seriously overdue (6 months or so), then they may negotiate. Timing matters. Call them today (last business day of the month) and offer them 35% of what you owe. Tell them it is a …

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35%
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Settling With Discover- Can It Be Done, And How? : R/Debt - Reddit

1 week from now

If you are seriously overdue (6 months or so), then they may negotiate. Timing matters. Call them today (last business day of the month) and offer them 35% of what you owe. Tell them it is a …

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$950
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Settling A Debt With Discover : R/CreditCards - Reddit

1 week from now

Settling a debt with Discover. have seen multiple posts, message boards, and Discover's own website addressing this so l'm confused. I owe Discover around $950. No interest fees. Never …

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Settling With Discover Card Need Help! - MyFICO® Forums - 4871569

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Feb 23, 2017 · Re: Settling with Discover card need help! So today I settled with them for $8300 so for about 54% of the debt they will mark "account payed and settled" there was no budging …

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$950
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Discover Says They Don’t Settle Debts? : R/discover - Reddit

1 week from now

Discover says they don’t settle debts? I have seen multiple posts, message boards, and Discover’s own website addressing this so I’m confused. I owe Discover around $950. No …

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30%
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Discover Card Debt Settlement Info - WalletHub

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Mary Grace McCormick, Credit Writer. @mg_mccormick • 12/17/20. Discover may settle debt for 30% to 60% of the original balance, according to our research. The percentage will vary based …

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Settling Debt With Discover Card : R/CRedit - Reddit

1 week from now

Settling debt with Discover card. Hi all. I have about $13500 in credit card debt, $8.5K is with Discover. I had a rough 2 years thus far. Last year I had to be admitted to the hospital and …

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FAQs about Settling with Discover- Can it be done, and how? : r/Debt - Reddit Coupon?

How do I settle a debt with discover?

Fact-checked by George Simons, JD/MBA Summary: To settle debt with Discover, first respond to any lawsuit with an Answer to avoid default judgment. Then, assess your financial situation to determine a realistic settlement offer, ideally 60% or more of the total debt. Discover may negotiate, so be prepared for counteroffers. ...

Should I use my Discover Card for debt settlement?

It’s also a good idea to use your Discover Card only for essentials and to attend a credit counseling session to learn about other options. This will show the creditor that you have explored all options and are only pursuing debt settlement as a last resort. That will improve your chances for a more favorable debt settlement. ...

What if I have a debt with discover?

Discover customers frequently complain about its collection practices and differences between the credit offers they receive and the actual interest rates charged. If you’ve got debt with Discover, you likely want to get rid of it quickly. Here are your options. Settle debt with Discover. How can I pay off my debt with Discover? ...

What if my Discover card debt has not been sold?

If your Discover Card debt has not been sold to a collection agency, Discover offers a few methods of debt assistance. These options are most similar a debt management plan, rather than debt settlement, as Discover will work with you to reduce your monthly payment and interest. ...

How can I free myself from debt with discover?

Use all or most of the money you earn from your extra job to pay off your obligation with Discover. The more you can put toward your bill, the quicker you’ll be able to free yourself from debt. Debt consolidation may be an option, especially if you have a credit score of at least 650. ...

Can I consolidate my debt with discover?

Two potential options for consolidating your debt with Discover are a balance-transfer credit card or a debt consolidation loan. A balance-transfer credit card is ideal if your Discover credit card has a high-interest rate. Most balance-transfer credit cards have interest rates of 0% for a minimum of six months. ...