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What do you do with a charged off car loan? |
Answer
You may wish to check out this link:http://credit.about.com/cs/consumeraction/a/blltrset2.htm. There is dialouge that indicates how you should contact the creditor that has charged off the account, and indicate that you wish to settle the debt, though charged off, in exchange for a written promise to correct your credit report. There is even a form letter you can modify for your own use.
Answer
You can contact a debt consolidation agency that would deal with your creditors on your behalf.
First answer by anonymous. Last edit by Caleb 82. Contributor trust: 3 [recommend contributor]. Question popularity: 238 [recommend question]
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