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- Jun 5, 2014
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Update. My boss will lend me $1500 interest free and I have $1000 so $2500 total.In other words, you have no idea what rent your money costs. Would you live in an apartment if you didn't know what the rent was going to be?
As a suggestion, I'd seriously take some time and figure out the "rent" on your debt. That # will determine the answer to your question, at least if it were me.
When you figure that out (the interest rates) please post it here. It will help.
I offered the collection agency $2500 from $3900 and they said they could go down to $3200 and that is it.
I told them if I starve myself for the rest of the month I can get an extra $200 but they wouldn't budge any lower. I mean I can sell crap to get the other $700 But just wondering if anyone has had any experience negotiating with debt collectors? I wanna see If there is any possible way to get them to lower before I pay up. Then I'll just have school loans to worry about. (after I pay my boss back over a month or two)
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