I got contacted from WFNNB Victoria's secret about my old account. I thought the account was closed and sent to collections already but I found out not yet. What are the odds of me negotiating a settlement with WFNNB Victoria's secret and getting them to not report it as a charge off. My principal when I stopped paying was $170-180 not much but I don't know how much it has gone up to now with interest charges and late fees. If I could come up with $50 or $75 would I have a chance or is that too low of an amount? I know it is low balling it but I have to come up with money for my car payments that are behind too.
By the way I'm thrilled to have found this credit forum!