Can I Call Target National Bank to Settle Instead of the Debt Collector
I have gotten letters saying I will be served for a $5500 debt to target national bank. Can I call target national bank to try to settle without court?
Can I call target national bank to try to settle without court?
—Jennifer
You can negotiate the Target credit card at anytime. If your account is more than a few months behind, you are likely dealing with a debt collector hired by Targe, or perhaps a debt buyer. In either case, calling Target directly to settle the debt will likely result in being referred to whoever is collecting now.
It would help me to know more about your situation.
When was the last payment made on the account?
What is the current balance?
Who is contacting you to collect the debt?
What state do you live in?
If you can answer those questions in a comment reply below I will respond with more helpful feedback.
About Michael BoveeMichael started CRN in 2004 with a mission to provide people in need with detailed debt and credit help and education. Michael has participated as an expert panelist in federal consumer protection rule making, collaborated on state law changes governing debt consolidation, has worked as an expert witness in court matters related to the debt relief industry, and is a regular contributor to several personal finance websites.
