Anyone familiar with working with Citicard's Recovery department? I called Citi for the first time today after 115 days late on both accounts.
$14,972 - 1st card
$8900 - 2nd card
They sent me settlement offeres two months ago that were 45% of my balances. Today, I spoke with a rep who gave me 55% option on both, but then came back on the line and said she really can't do anything because it's being transitioned to Recovery. Will they do me better or worse?
She said that both accounts are "pre-litigation". Anyone know any tips with Citi that I can use? I'd like to get them both down to 40%... if so, I can probably pay the smaller in a lump sum. The larger, I'd have to do payments. Anyone get Citi to go more than 3 months on their payoffs? Thanks!