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Hello All,
I have 7 collections, negative items on my report that have 'Date of First Delinquency' dates as follows:
Holloway Credit Solutions - DPM Doctor
DOFD - 03/2006 and has scheduled to be on till 12/2012
$75
AFNI - AT&T/Bellsouth
DOFD - 07/2006 and has scheduled to be on till 04/2013
$108
Northeast Legal Group - CVS
DOFD - 07/2008 and has no scheduled date/Equifax
$279
Trident Assest Management - Columbia House
DOFD - n/a but I estimate before 2005, has scheduled to be on till 11/2015
$44
Credit Management LP - Charter Communications
DOFD - 10/2010 and has scheduled to be on till 04/2012
$307
Credit Protection Association - Charter Communications
DOFD - 08/2008 and has scheduled to be on till 03/2013
$293
Credit Protection Association - Charter Communications
DOFD - 08/2008 and has scheduled to be on till 04/2013
$125
I currently have PFD letters wrote up for all 7 totaling roughly $675 which is what I can afford to pay currently, but learned more about credit repairing and noticed the DOFD dates are important. I live in Alabama where it states the SOL is 6 years. Does this apply to credit bureau reporting? Or simply collection of debt?
Also if I am within dates, what is a solid settlement offer amount for PFD letters on the accts listed above? I did learn that these debts are purchased for pennies on dollar. Should I bother to offer less than balance owed? Or simply PIF if affordable?
Please help, as I am attempting to clear these up asap. Thanks!