Legal Question in Consumer Law in Pennsylvania

Re: MBNA credit card -- why can't i get it in writing?

First of all, I would like to congratulate you for requesting that the terms be in witting and that you have time to consider them. That is very intelligent move in my opinion. Too often people in these types of situations agree to terms and conditions that in the end they will not be able to honor and end up in default anyway.

Getting to the heart of the matter, MBNA's refusal to send you the offer in writing is their prerogative. While their refusal may be a bit silly, the bottom line is that you signed an agreement to pay and you have failed to do so. MBNA is under no obligation to provide you with any alternative payment terms. In fact, since you admittedly are in default, in theory they could immediately begin the collection process for the entire amount owed.

If is at all financially possible, my suggestion would be to take the deal for 1/2 of what you owe. Just make sure you also negotiate how they will report your account status to the Credit Bureaus.

If I can be of assistance in this matter please feel free to contact me, [email protected] or click on my "Attorney Profile" link for my additional contact info.

Regards.