someone mentioned trying to settle in one of these answers. since you are so young try to work the payment plan first. it is much better for you credit and they have programs available that are much better for your credit. if you settle and someone goes to pull your bureau in a few months for something it will show that you did not pay the balance in full. it’ll hurt you more and you’re too young to hurt your credit any further.

So you start from here. Most Credit Card companies will settle for 50% of balance with a one time payment usually within 2-3 weeks of your offer.

SIF affects your credit different than pif. But since you are running late it won’t hurt too much. Everytime they report your late payment it dings your credit for 60-90 days.

With an SIF it will ding your credit once then roll off at the end of the specified time period.

I strongly advise you not to ask for a settlement unless you can pay it right now.

You do not want to use Consumer Counseling. Although they can get the payment lowered, it usually reports on credit as a late payment every single month throughout the time that you pay on it. It rather defeats its purpose.

Forget the $100 a month. They will never go for it.

Good Luck

I called discover, a few years ago, when i was behind. I was overlimit too, so every month I was getting nearly $70 worth of fees (overlimit + late pays since I couldn’t pay the inflated payments), and had the default rate. I agreed to monthly payments of $100, and they in turn cut my rate, and with each payment that went thru, they credited me BACK $70 worth of fees, and suspended any future fees while I was paying them, even though I was still overlimit. My payments were essentially working double for me. .

$13,000 is a pretty hefty balance for wanting only a $100 payment. . . Figure out what your absolute bottom line is, and then call and talk about sending them set amounts each month, and see what they can credit you or do for you.