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FREE CONSULTATION:
1.800.213.9968 |
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RE : xxxx xxxx xxxx 2322
HOME DESIGN/GEMB |
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Dear,
The current balance on the above referenced account as of 07/19/2007,
Including finance charges and late fees due, is $2,067.10.
Pursuant to the recent telephone conversation regarding the above referenced account, you are advised that if we receive and can post $696.00 no later than 08/02/2007, this account will be considered settled.
GE Money Bank
PO Box 960061
Orlando, FL 32896-0061
If you have already paid the agreed upon settlement or pad through an alternate payment method, disregard the above payment instructions. If you have any questions concerning this account, please contact (800) 399-5166.
Your account is issued by GE Money Bank – Member FDIC.
Sincerely,
Collections Department
Note : This letter is an attempt to collect a debt and any information obtained will be used for that purpose.
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Synopsis:
The above debt settlement letter from GE Money Bank represents a 34% settlement with our client. The creditor was owed a debt balance of $2,067.10. But GE Money Bank agreed to a settlement amount of $696. Our client’s total cash savings was $1,371.10. |
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