Quote Originally Posted by gail_waters View Post
My merchant that owed can 36k, said they want to payoff can but can only do 25k, can agreed but sent them a settlement letter and said they cant provide a payoff but if the 25k is paid will provide a zero balance letter and wont affect there credit in any bad way
That CAN settlement letter looks a lot like a Default letter and freaks out other funders at first. But it's fine.