Reply
New Visitor
cyyoung2000
Posts: 3
Registered: ‎11-29-2012

Aargon CA and What They Have Told Me...Is this true???

First off, thank you for any help or advice. A little background, I had a collections account because of I (unknowingly) defaulted on a Nevada Power energy bill for $200.00. It was sent to Aargon Collection Agency and showed up on my report late 2010.

I have sent a DV letter and they validated the debt. I then sent a pay for delete letter. I just received a phone call from them. The guy told me that there is absolutely zero chance of getting a "pay for delete" letter because of (insert excuse here). He then told me that I WOULD be able to get it deleted from my reports. He said that once I pay it, I will receive a letter stating that the debt is payed in full. He then said that I could take that letter to the credit reporting agencies, ask them to take it off, they would contact the collection agency to make sure it was ok and then it would be removed.

This just sounds fishy to me. I even asked if he could provide me a letter stating that his agency would agree to remove the account from my report if the credit reporting agencies asked them. He said there was no such letter. Any help or advice would be greatly appreciated. I am looking to buy a house in 6 months and this is the only negative thing on my report.

Valued Contributor
rootpooty
Posts: 1,715
Registered: ‎10-28-2011

Re: Aargon CA and What They Have Told Me...Is this true???

If this is the only mark on your reports you can get by with the mortgage having it listed as paid on the reports.  Yea CA's will tell you whatever they can to get you to pay.  Yeah you pay it then submit an investigation with the CRA's and it will come back as belonging to you with a paid/zero balance.  The only time it would get deleted is if the CA doesnt answer the CRA's investigation.

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 3k | BOFA 123 3k |
Chase Freedom 1.5k | Amazon 1800 | Walmart 1450 | Buckle 300

On the prowl for Chase Sapphire Preferred!
Valued Contributor
AndySoCal
Posts: 1,895
Registered: ‎04-07-2009

Re: Aargon CA and What They Have Told Me...Is this true???

Cpntact the utility and see if thye will accept payment. If so offer to pay in full if they will pull the account from the collection agency. Similiar to a PFD.

Equifax My FICO score 815 5/28/2012, 818 on 7/28/2014 . Average of Accounts 12 years and no Installment accounts. MyFICO TU 810 6/26/2012 809 4/21/2013 MyFICO XPN -805. 2/26/2014 Discover TU FICO 813 App free since 9/2011
Mega Contributor
RobertEG
Posts: 17,456
Registered: ‎03-19-2007

Re: Aargon CA and What They Have Told Me...Is this true???

What you were told is just the opposite of what you can expect from a CRA.

It is their policy, as stated in their credit reporting manual and incorporated into all of their credit reporting agreements, that prior reporting should not be deleted based on subsequent payment of the debt.

His advice is to ask the CRAs to violate their own stated policy.

 

Established Member
KevinBlock55
Posts: 74
Registered: ‎07-10-2012

Re: Aargon CA and What They Have Told Me...Is this true???

Might get away with sending a payment detailing that convo and explaining this was an error and should've never happened. They make take it off in good faith. Nothing threatening just a "heres payment and I apologize for this. Per my convo with your representative, I am paying this in full and would appreciate if you removed this account as it is not common of me to let something go like this. Much appreciated, John doe"
New Visitor
cyyoung2000
Posts: 3
Registered: ‎11-29-2012

Re: Aargon CA and What They Have Told Me...Is this true???

I just called the utility company and, unfortunately, they have sold the account to Aargon CA. They said I could pay it but there is no way they could pull it back since it was sold to the CA.

New Visitor
cyyoung2000
Posts: 3
Registered: ‎11-29-2012

Re: Aargon CA and What They Have Told Me...Is this true???

It looks like I may have to take this route.  I am looking to buy a house within the next six months or so, and it looks like I have to have it paid in full before I can get a decent loan.  This is the only bad mark on my credit, so I hope everything works out in the end.  Man, this is such a hassle. Ahh how young and foolish I was 5 years ago lol.

Moderator
Shogun
Posts: 12,902
Registered: ‎04-15-2011

Re: Aargon CA and What They Have Told Me...Is this true???

[ Edited ]

If you could still pay the OC, then it wasn't sold to the CA, it was assigned.


Starting Score: 504

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!
New Member
Everett16
Posts: 3
Registered: ‎12-06-2012

Re: Aargon CA and What They Have Told Me...Is this true???

True story...I had an account that was forwarded to Aargon.  Even though I was very reluctant to make the call, I asked the female rep if there was a way to come to a "mutual agreement" where both parties were satisfied.  She said, "Are you asking looking to have this deleted from your report?"  I said yes, she said ok.  

 

I made my payment over the phone and requested a fax confirming payment and deletion...I rec'd it during the phone call.  This was on 12-04-12.

 

It can be done.  I do believe that it is the luck of the draw -- you have to talk to the right person on the right day.

 

Best of luck to you!

 

 


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+