Ken
Colorado,#2Consumer Comment
Fri, October 19, 2012
" Finally getting back on our feet and trying to pay off our old debts only to find that now they want over $7,000, willing to settle for $.80 on the dollar @ approximately $6100. Quite a racket if you ask me!!"
Next, how is this "quite a racket?"
You do owe the money.
A question, if you had been paying $450/month on auto pay, why were you only able to pay $50/month afterwards?
Interest accumulates rapidly on a four year old, delinquent account.
I don't see ANY Ripoff here.