How does a CCC come up with the amount that they are willing to settle for? I have 2 seperate accounts with Chase. Both are in collections..
Acct #1 - Originally for $1406 - they will settle for $562
Acct #2 - Originally $1309 - they will settle for $786..
One is 40% and the other 60% how do they come up with that?
Can I negotiate with them or other CAs for a lower settlement?
Thanks for your advice,
Ayanna
