CA called this morning, left a message..

[wantout]

Seems they now want to lower my interest rate to 1%...she did not state what account she is calling about.

Got a letter yesterday from a CA, ARS, in it they ask me to confirm the account etc etc, then state that any reasonable offers to settle will be considered...

Nope, sorry, to little to late....

Paying the rest of my lawyer fees Monday, and filing the following week...

[Bell30656]

It seems that collection agents are getting more and more desperate. They are actually willing to consider offers. A few years ago you had to beg to get a decent settlement offer.

[calgirl67]

yes they are getting desperate. They are not collecting any kind of money like they were in the good ol' days.

I read that now analytical firms are writing software to predict whether you will ever pay your defaulted loans or not. Interesting....