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Can you settle a charge-off with the finance company?


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Wiki User
2015-07-15 18:46:02
2015-07-15 18:46:02

YES, if they want to settle it. Make them a CASH offer.


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A finance company could settle the auto loan. You simply need to get in touch with the company and make an offer. Be sure to get any agreement in writing.

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Chargeoff means that you did not satisfy debt, and the company took the lost.This is placed on your credit as debit being owed and charged-off.

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My company doe's home improvements.Need a finance company to finance

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Yes! I settled 2 collection accounts and my score stayed exactly the same.

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Home Finance Company was created in 1990.

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