I have a Citibank Mastercard that 146 days past due. The total balance is $2278.9. The minimum amount due 7/11 is $1,189.79. For the past year I've been paying them $60 a month. They keep calling but I don't answer. Today my husband got a hang up call from "Unavailable" which Citibank calls from (I only know this because I mistakenly answered once the "unavailable" but got scared & said I wasn't available).
I don't want my husband to find out about this debt. I can only afford $60 a month to Citibank.
Each month I do get an email saying that "No matter what my situation, they are sure they can help".
I should call Citibank & discuss this with them, but I'm afraid its too far gone.
Has anyone dealt with Citibank in trying to set up payment arrangements??
Are they easy to work with?
If one rep declines, would it pay to call back & get another rep and see if they can help?
All I know is I don't have the money, but I am willing to pay $60 a month. I have a baby & its hard to make more than $60 a month payment.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.