Cavalry Portfolio Services - PFD

[Anonymous]

i have a 4.5 year old account that was originally a synchrony account and when I defaulted it was purchased by cavalry. The balance shown is 1239. I don’t agree with the balance, however I want it removed from my credit file. It’s my understanding that they do PFD’s so I’d like to offer a percentage to settle this. What would be an acceptance offer? Has anyone had luck with this recently? Any tips or direction would be great! 

[gdale6]

If its still within the SOL 75%, outside the SOL offer 30-50%.

[Anonymous]

It is considered outside the SOL for my state. 

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@gdale6 wrote:

If its still within the SOL 75%, outside the SOL offer 30-50%.

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[Anonymous]

I also want to add that this is a joint account that my husband and I opened together. Does that make any difference? 

[gdale6]

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@Anonymous wrote:

I also want to add that this is a joint account that my husband and I opened together. Does that make any difference? 

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Then the offer should be from both of you so they dont come after your husband for the difference.

[OmarGB9]

Cavalry will delete upon PIF/settlement so long as it's been at least 2 years since DOFD (which it sounds like yours is), therefore, try to settle for 30-50% of balance, but as mentioned above, make sure you explicitly state that it is from both parties (you and your husband).