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Debt Settlement Letter - COLLECTION AGENCY: Nationwide Credit, Inc.

 

NATIONWIDE CREDIT, INC.
2015 VAUGHN RD., BLD. 400, KENNESAW, GA 30144
(888) 297-7414

03/23/2009
Client Savings: $8,235.04 (85%)
RE: AMERICAN EXPRESS TRAVEL RELATED SE# xxxx xxxx 1002
BAL.: $9735.04

We are writing to confirm the settlement offer that we made to you on behalf of American Express. We and American Express Travel Related Services Company, Inc. agree to settle your account noted above for a payment of $1500.00

Please make your check payable to American Express and send it to us in time for it to arrive by 03/31/2009. After that date this offer will no longer apply; and we will request the full balance immediately.

If you have any questions about this matter, call us toll free at (888) 297-7414.

Accepting this offer will end your obligation for the debt, at a substantial cost saving compared to your account balance.

The total account balance as of the date of this letter is shown above. Your account balance may increase due to interest of other charges, if so provided in your agreement with your creditor.

PLEASE SEE REVERSE SIDE FOR IMPORTANT INFORMATION

PO BOX 740640
ATLANTA, GA 30374

ID NUMBER : xxxx xxxx 4307
ACCOUNT NO: xxxxxx27131002
BALANCE DUE: $9735.04
RE: AMERICAN EXPRESS TRAVEL RELATED SE
02134501D
C/0 DEBT FREE LEAGUE
P.O. BOX 23555-330
SAN DIEGO CA 92123
NATIONWIDE CREDIT, INC.
PO BOX 740640
ATLANTA, GA 30374
 

Synopsis:
The above debt settlement letter from debt collection agency, Nationwide Credit, Inc. represents a 15% debt settlement we reached for our client. The debt collection agency was assigned by American Express to collect a debt balance originally owed by our client for $9,735.04. However, our debt negotiation settled the debt with Nationwide Credit, Inc. on behalf of American Express for $1,500.00. Our client's total savings was $8,235.04.

 
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