Tag Archives: discover-card

Can I Negotiate a Settlement with Discover Now They Charged Off My Account? – Debbie

Dear Steve, I opened an account with Discover back in 1993 and had good credit with them up until 2005 when I became ill, went out on disability, spent 2 years off and on in the hospitals, became inundated with medical bills and had to make tough choices on what bills I could continue paying. [...]

Discover Credit Card Account Charged Off. What Now? – Greg

I have $13,000 worth of credit card debt that has been charged off. The account is still being held by the Discover Card. They haven’t sold it off…..yet. I also have another account with Discover, but I am up to date on it and have never been late.. I also have a Chase CC that [...]

Retail Store Credit Cards: How Many = Too Many?

“Would you like to save 10 percent on your purchase today by applying for a retail store credit card?” Does that sound familiar? Just about every major clothing and electronics store has promotion aimed at getting people to sign up for a store-specific credit card. But what you don’t know about retail store credit cards [...]

Discover Card Says They Will Sue Me. How Should I Handle This? – Catherine

“Dear Mitch, I live in Florida & about 6 months ago I had to stop paying on several of my credit cards because of an increase in medical expenses for my partner. I just received a notice from discover card stating that unless I begin payments today on my balance ($2915.00), they will send my [...]

I Have the Money But Discover Doesn’t Want to Settle. – Michele

“Dear Steve, Ten years ago, my husband and I decided to consolidate our remaining debts onto a low-interest credit card. I applied for the Discover card, and transferred about $55,000 of debt over to the card (car payments, student loan, another credit card, etc). I have made at least the minimum payment, usually more, on [...]

Discover Card Took My Car to Pay a Judgment Against Me. – Betty

“Dear Damon, I divorced in 3/1997. my ex was given our money from 401K to pay off credit card debts, the break down came from his attorney. 1998 he filed for bankruptcy and didn’t pay the credit card bills. 9/4/11 my car was seized for these past due debts, but they sent paperwork notifying me [...]

Discover Card Refused Settlement Offer and Now Garnishing My Wages. – Judith

I have a Discover card that is in default with a $11,500 balance. I’m a 63yo who is working part time and collecting partial S.S. as well. I only work 15 hours a week so my take home is less then $200 a week. I called Discover and made a cash offer to them to [...]

Discover Card Delinquencies Hit Record Low

Discover Financial Services (DFS) said the proportion of its customers who are a month late on their credit card payments hit an all-time low during its second quarter, helping more than double the card company’s profit. The record low in credit-card delinquency rates, which the company said covers a 25-year period, highlights the sharp turnaround [...]

Discover Card Won’t Negotiate With Me. Should I Wait Out the Statue of Limitations? – Tony

“Dear Jeremy, Over the past 24 months I have managed to settle 3 second mortgages and one credit card for a grand total of 310,000 for 32000.. I have only two remaining debts and am struggling with them. They are two remaining credit cards..One through a credit union for 22k and a Discover card for [...]

Collectors Called Constantly Scared of Foreclosure, What Can I Do? – Roy

“Dear Steve, I have recently taken over management of finances and bill paying from my wife. I always knew we had some lingering credit card debt that had been following us since college, but I had no idea what the real situation was. At this point we are $51,000 in credit card debt. We have [...]

I Was Able to Negotiate a Debt Settlement With Discover I Can’t Afford. – Frances

“Dear Steve, I have credit card debt with Discover. I tried to negotiate with them. Debt is $5k due to interest rate and late payment. I would like to settle, but I cannot afford to pay a lump sum of $3600. This is a huge learning lesson. I was told I cannot file for bankruptcy. [...]

Should I Contact Discover and Get Them to Let Me Pay 75% of My Balance? – Adam

“Dear Steve, I have about 4,000 dollars of VISA debt and about 11,000 dollars Discover card debt. I also have considerable student loans. I recently came into some money and wanted to pay off all my credit debt – which I have barely enough money to do… anyway, I was thinking about asking Discovercard to [...]

I Want Pay My Sam’s Club Credit Card But Can’t. – Cheylynne

“Dear Steve, I have a Sam’s card and was paying on it until i lost my job and can’t pay on it.. plus had to go to the doctor for depression and medication. The credit card company calls and I explain it but they are nasty and I’m scared to what happens next. What can [...]

I Am Attempting to Negotiate a Debt Settlement With Discover Card. – Evelyn

Evelyn wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I’m in a Debt Settlement Program and I’m Terrified. – Magen

Magen wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]