GE Money Bank Sample Debt Settlement Offer Letter

Ge Money Bank is the credit card behind a lot of the store credit cards. Amazon.com uses GE Money bank, and many furniture stores, department stores and other retail outlets use GE Money bank for their credit card services.  So like many other huge credit card companies, they have been shown to be willing to negoiate settlements with their customers who can pay the bills anymore.

And when you get a settlement offer letter from GE Money Bank, don’t worry about hurting the store that’s on the front of your card.  They already have their money, it’s GE that’s your settling with. For example if you bought some furniture on a store credit card from a local or chain furniture store, and later you run into trouble and can’t pay it, you’re not hurting the store by settling you account with GE Money Bank.  The store has already been paid.

Here’s a good example of a settlement letter from GE Money Bank (through a collection law firm they use) that is offering the customer a savings of almost $1200 off what they owed.

It’s possible that you can get a similar offer (though not guaranteed) if you’ve got several thousand dollars in credit card debt and you can’t pay it, through one of these top reputable debt settlement companies or by attempting to do it yourself through a program like Zipdebt.