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DV'd through email

Established Contributor

DV'd through email

I have one last collection on my report and last week I tried to DV it... today, I got a mail from the collection agency with the OC and the balance.....does this mean they validated my account??.. it's supposed to come off on 07/2013 or 08/13 but am wondering, should I just ask for PFD instead and pay it just to get it over and done with?? please advise


Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K
Message 1 of 18
17 REPLIES
Moderator Emeritus

Re: DV'd through email

Let's take a look at this debt.   What's the SOL of your state?   How much is the debt for?  This might make a bit of a difference in the tactic you use for a PFD.  

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!

June 2017 update: All scores over 820, just pure gardening now.
Message 2 of 18
Established Contributor

Re: DV'd through email


Shogun wrote:

Let's take a look at this debt.   What's the SOL of your state?   How much is the debt for?  This might make a bit of a difference in the tactic you use for a PFD.  


Hi shogun... SOL here is 5 yrs (CA).. debt was for $673 (interest inluded)....


Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K
Message 3 of 18
Moderator Emeritus

Re: DV'd through email

So you have a $673 debt that is past the SOL of your state and is scheduled to fall off in 8 or 9 months.   I'd pay it, but I wouldn't pay all of it.  Offer them a PFD for 50%.   Be nice to them but don't acknowledge the debt is yours.  For example.

 

I am writing you in regards to acct. #xxxxx.   While I am by no means acknowledging this as a legitimate debt, I would be willing to show a gesture of goodwill and resolve this debt for $300 if you will return my gesture of goodwill and omit any and all postings pertaining to this debt from all the credit bureaus..  I do understand that this debt is past the SOL of my state and is nearing the time period of which it may remain on my credit report but I would be willing to resolve this now.

 

 

Anyway, put something like that on there.  Send it in, see what they say.  Good luck.

 

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!

June 2017 update: All scores over 820, just pure gardening now.
Message 4 of 18
Established Contributor

Re: DV'd through email

Smiley Sad
Shogun wrote:

So you have a $673 debt that is past the SOL of your state and is scheduled to fall off in 8 or 9 months.   I'd pay it, but I wouldn't pay all of it.  Offer them a PFD for 50%.   Be nice to them but don't acknowledge the debt is yours.  For example.

 

I am writing you in regards to acct. #xxxxx.   While I am by no means acknowledging this as a legitimate debt, I would be willing to show a gesture of goodwill and resolve this debt for $300 if you will return my gesture of goodwill and omit any and all postings pertaining to this debt from all the credit bureaus..  I do understand that this debt is past the SOL of my state and is nearing the time period of which it may remain on my credit report but I would be willing to resolve this now.

 

 

Anyway, put something like that on there.  Send it in, see what they say.  Good luck.

 


i'll probably just copy that and see what happens.... probably settle for lesser since it's a really old account... hopefully theyll take it and delete the account.... my other two GW letters that i sent out last month wasn't successful...


Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K
Message 5 of 18
Established Contributor

Re: DV'd through email

and thanks for being so helpful!!!!!


Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K
Message 6 of 18
Moderator Emeritus

Re: DV'd through email

You're welcome, and yes,, defininitely offer less.  If you're not embarassed to offer it, you didn't go low enough!

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!

June 2017 update: All scores over 820, just pure gardening now.
Message 7 of 18
Established Contributor

Re: DV'd through email


Shogun wrote:

You're welcome, and yes,, defininitely offer less.  If you're not embarassed to offer it, you didn't go low enough!


what's the best way to communicate??? by letter or by phone???


Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K
Message 8 of 18
Moderator Emeritus

Re: DV'd through email

Letter I'd say.  That way there's a paper trail.

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!

June 2017 update: All scores over 820, just pure gardening now.
Message 9 of 18
Valued Member

Re: DV'd through email

What's the name of the collection company?

Let them eat cake.
Message 10 of 18