Charge off...anything I can do?

[silly34]

I screwed up a while back and am paying for it now. I settled the account with collections, paid- not for the full balance. Anything I can do?

You should be able to see the image of the file at this link:
http://i213.photobucket.com/albums/cc35/silly34/chry.jpg

[SmartCookie]

Did you attempt any GW letters previously?  How long is a while back... are these close to dropping off?

[silly34]

Won't fall off anytime soon I'm afraid, this was all back in '05. No goodwill as of yet. Thought maybe if I offered to pay the full balance they could delete. This is the worst mark on my credit.

B.

[SmartCookie]

Aha yeah then it's worth it to try GW letters.  Unfortunately you lost your bargaining room as now the debt is paid and settled, though less than full.

Start with a really reallly good GW letter but do not offer to renegotiate the settled account at this time. 

[Anonymous]

What is a GW letter and how do you get one

[SmartCookie]

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tashmere wrote:

What is a GW letter and how do you get one

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Hi tashmere and welcome!

Please start here for information http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&thread.id=2654  There is a section on Goodwill letters, which would be something that you would write yourself to send to a creditor or collection agency to ask for removal of negative information, typically on a paid closed account.