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  1. Nov 19, 2021 · Navy Federal Credit Union (NFCU) closed credit card account from 3 years ago wth a balance of $16,885.95 with a payment arrangement of $300 a month with an interest rate 8% until 03/2017. I have 2 car loans which are in good standings which I just got back in good statust.

  2. I am considering contracting with a Debt Settlement company, my total debt is 39K, of that I have two unsecured loans with a local credit union, (Freedom Federal Credit Union) one for $4,500, and another for $10,000. I also have a car loan with them that’s fairly new. The Settlement company states they will take the unsecure debt to try and ...

  3. When no one else would lend money due to lack of collateral, I joined two credit unions (Penn Fed and Navy Federal) and used my personal credit in an attempt to expand the business into new markets but that failed as well. I have since closed the business and total SBA and credit card debt is $101,000.

  4. Sep 30, 2021 · More on settling with GE serviced accounts below. Capital One credit cards with balance of $298.53, $405.81, $458.70 can be settled at around 50% pre charge off, and with collectors immediately after that. Because Capital One will sue over 400 dollars, they will compete on your priority to settle list.

  5. In others cases, they dispute legitimate items that are simply not going to be removed that can complicate efforts to resolve debts in order to accomplish credit goals. You are going to have to write to the credit bureaus and let them know you do not have a dispute with Navy Federal Credit Union and to please remove that from your credit reports.

  6. Feb 22, 2013 · Can you settle credit card judgements like other debts. The short answer to your question is – YES! CRN does assist in settling debts like credit cards where there was a lawsuit and then a judgment entered against you. Settlements can be negotiated at all stages of the collection cycle.

  7. I have 3 Navy Federal credit union cards. 2 credit cards and 1 line of credit. I also have 2 credit cards with Penfed Credit union and 1 card with Chase Bank. I have been paying on time with all of them for years, but recently it has become more difficult to make the monthly payments.

  8. Hi Michael, I owe navy federal 28K 3 credit card. Visa, mastercard and amex. I called them 1 month ago and ask for financial assistance if they offer reduce payment because of my income change and i cannot afford to pay like 700 a month and they told me they cannot offer any assistance right now. Now i am 2 weeks past due.

  9. Michael started CRN in 2004 with a mission to provide people in need with detailed debt and credit help and education. Michael has participated as an expert panelist in federal consumer protection rule making, collaborated on state law changes governing debt consolidation, has worked as an expert witness in court matters related to the debt relief industry.

  10. I have a USAA credit card account I opened October 2010 with a balance of $9489. The account reads in the following manner on my credit report: Date opened – OCT 2010, Status Date – Feb 2015, Condition – Open, Last activity – March 2013, Balance – $9489, Status – Charge-off. My questions are this.

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