PFD stands for "pay for delete". It's where you offer to pay a collection/charge-off in lieu of them deleting it from your credit bureau. There are sample PFD letters in the general credit forum.
Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
Located in Southern California and lending in all 50 states