topic Re: Barclays - Settlement in Rebuilding Your Credit

Barclays - Settlement

Red1Blue — Mon, 06 Jul 2020 18:04:52 GMT

If any of you made a settlement on a Barclays card what is the % you were able to settle for ?

Re: Barclays - Settlement

Anonymous — Thu, 23 Jul 2020 07:21:23 GMT

I recently settled for 45% of $3000. They don't take payment over the phone and you have to send them a cashiers check or money order as well.

Re: Barclays - Settlement

Red1Blue — Thu, 23 Jul 2020 19:05:15 GMT

@Anonymous wrote:
I recently settled for 45% of $3000. They don't take payment over the phone and you have to send them a cashiers check or money order as well.

I think 45% is the lowest they might accept. They offered 45% also and 12 monthly installments. Was hoping if they would settle for some thing less. I am trying to hold cash in hand and waiting for the Covid situation resolve.