@cdub69 wrote:I need advice on two collections on my CR.
I have a $300 collection with AFNI from 2010
I have a $150 collection with Merchants & Professional Credit Bureau from 2012
AFNI refuses to do a PFD agreement and Merchants has not responded to my PFD request.
Both collection agencies have verified these accounts.
It's my understanding that if I pay these accounts now the activity restarts on the date of payment.
So what hould I do?
If you pay them then they will update and that will make them look brand new in the eyes of Fico, if they are updating monthly now you want to settle them so they can actually age. You can always switch to GW letters at a later time if you settle with them.
