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GE Money Bank – Sample Letter

RE: Care Credit/GEMB

SETTLEMENT OFFER

Dear     :

GE Money Bank has authorized Settlement offers on qualifying accounts.

That’s right, you have been approved for a settlement on your account and we will waive the remaining balance!

ACT NOW! Please call us at 1-800-399-5166 to take advantage of this special offer.

This offer is valid on your current account balance of $3,698.15 and is available for only 15 days from the date of this letter.

After we receive your settlement amount we will consider your account paid in full and we will report your account to the major consumer reporting agencies as “Account paid in full for less than the full balance”. This description may vary by consumer reporting agency.

Sincerely,

GE Money Bank