@Anonymous wrote:
So I have this lease that I broke 2 years ago. It ended up coming out to $4100. Fast forward to the present. I owe $5800 to collections. Didn't know I owed $4100 until I called the apt complex. So I ask them why I've been charged an additional $1700. They said they didn't charge me the extra amount. I call the debt collections agency. They said the interest accrued the last 2 years. So I ask them what I can do to get to start paying them off. Guy said he would take down the amount I owe to $2600. So I said great ,ask if he can type up a letter stating that the amount would be lower and would make payments. He says he can't do that. So he said to just start making payments to lower what I owe. What should I do? Didn't know collections accrued interest.! I read the reviews on this group. ( Phoenix recovery group) and it's all very negative with people getting screwed over . Don't know how to deal with a company like this.
Never never do payments with a debt collector. Ask for PFD and negotitate a lower amount. Is it reporting on your CR? if so is it still within the SOL? if it's outside, I would just wait for it to fall off.
@Anonymous wrote:
What's a pdf? I did negotiate a lower amount but he would not send me a letter stating that we came to an agreement. He told me just to make payments and that on the computer it will say that we made a deal to lower it to $2600. So once I reach that $2600 he would delete it. I can't trust them.
About as fat as you can throw a Sherman tank.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
