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DID I MESS UP? :/

Established Member

DID I MESS UP? :/

i have a charge off with FP for $678 and settled for $542 on wed.

didnt know i should have requested PFD

will it effect me since i didnt PIF

 

now what are my options?

 


Starting Score: 619 TU FICO, 584 EQ FICO
Current Score: 619 TU FICO, 584 EQ FICO, 619 EX lender pull 3/23/12
Goal Score: 620 by August for new house


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Message 1 of 8
7 REPLIES
Frequent Contributor

Re: DID I MESS UP? :/


TEK2TIRADO wrote:

i have a charge off with FP for $678 and settled for $542 on wed.

didnt know i should have requested PFD

will it effect me since i didnt PIF

 

now what are my options?

 


If they didn't agree to delete, it will probably post as "paid" or "paid - settled for less". It doesn't affect your score either way, though. It may affect your util %.

If they don't delete...just wait and see if it updates to "paid" or deletes...but if they don't delete, all you can do is just start GWing them.


Starting Score: EQ = 550; TU = 491(2/10/12)
Current Score: EQ = 669; TU = 674(6/20/14)
Goal Score: 700+


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Message 2 of 8
Super Contributor

Re: DID I MESS UP? :/

 

I agree, your best bet is to start the GW process once it reports as a paid/settled account that was CO'd.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 3 of 8
Contributor

Re: DID I MESS UP? :/

I think it depends on the company.  I was quick to pay one of my Afni's and didn't talk about PFD's but guess what, a week after I paid it, I disputed it with the CR and poof it went away.  I think maybe they don't keep records after they are paid off?  idk I am no expert, but my credit is clearing and it was bad....real bad!!!!!

Message 4 of 8
Mega Contributor

Re: DID I MESS UP? :/


SuzyStellar wrote:

I think it depends on the company.  I was quick to pay one of my Afni's and didn't talk about PFD's but guess what, a week after I paid it, I disputed it with the CR and poof it went away.  I think maybe they don't keep records after they are paid off?  idk I am no expert, but my credit is clearing and it was bad....real bad!!!!!


That is possible with some CA's.




EQ FICO 548 3/3/16
Message 5 of 8
Super Contributor

Re: DID I MESS UP? :/


SuzyStellar wrote:

I think it depends on the company.  I was quick to pay one of my Afni's and didn't talk about PFD's but guess what, a week after I paid it, I disputed it with the CR and poof it went away.  I think maybe they don't keep records after they are paid off?  idk I am no expert, but my credit is clearing and it was bad....real bad!!!!!


Yeah, AFNI is very good about removing paid collections.   Other CAs not so much......

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 6 of 8
Senior Contributor

Re: DID I MESS UP? :/

Did you pay it Wed?  Or you agreed on a price? If you haven't paid, then agree to pay a bit more if they agree to delete.

STARTING: 11/24/10 EQ-584 EXP-648 TU04-595
CLOSED FIRST HOME 8/19/11 EQ-630 EXP-691 TU04-653
CURRENT: EQ-701 EXP-??? TU08-720
Message 7 of 8
Highlighted
Established Member

Re: DID I MESS UP? :/

I paid it already :/

Starting Score: 619 TU FICO, 584 EQ FICO
Current Score: 619 TU FICO, 584 EQ FICO, 619 EX lender pull 3/23/12
Goal Score: 620 by August for new house


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Message 8 of 8