[1bessy]

Beneficial/hsbc is offering me a settlement of 10% of the 2nd loan, does this sound like a scam? Benfefical is being sued for racism, can it be a way to just get money?

[Fr_Chuck]

Did you get the offer in writing ? Are you behind on the payments.
If they think that you are going to walk away from loans, often 10 percent is better than no percent.

[1bessy]

Yes the offer is in writing and I am seven months late now. I did offer them 5% and they told me to call back on 2-24-10 to see if I have can get more money.