This article makes it sound like Citi is in real trouble financially . Will this make it easier to negotiate a CC debt or make them more desperate in trying to get every penny owed to them???
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This article makes it sound like Citi is in real trouble financially . Will this make it easier to negotiate a CC debt or make them more desperate in trying to get every penny owed to them??? -
Easier to negotiate a CC debt?? Keep on dreaming. What these bums will be doing is to become more aggressive in collecting, hounding folks day/night, upping fees left and right, and possibly running into courts to get judgments sooner than they normally did. They'll be on the same level as scumbag collection agencies. -
maybe - but also if they are in such trouble that will mean job cuts & streamlining. It costs money to go after people. They will probably focus on people they think have assets.Filed Chapter 7 Pro-Se May 29, 2008
341 July 1, 2008
Discharged September 4, 2008
Closed November 10, 2008 :-)Comment
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citibank generally sells the debt real quick to a scavenger company especially in a bk situation.Comment
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i had 2nd loan by indymac on a home.... then later it got sold to citi mortg.
sorry, citi mortg. you bought a bad loan from indy.
indy shouldnt have even approved me for 460k house price.
(again, my sister was a realtor handling all these...)Comment
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I have 3 accounts with Citi, was never late. The first time I was late they didn't think twice about upping the %.Comment
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