Credit Card Center Advertiser Disclosure

New Member
Posts: 1
Registered: ‎03-04-2009
0 Kudos

LVNV Funding/Capital Management Services- PFD Advice?!?

I have one collection account listed on my credit report as LVNV.  I am so frustrated trying to get this resolved!  I sent a PFD letter over 60 days ago to LVNV.  No response.  


However, today I get an offer for settlement of $761 from Capital Management Services.  I realize that LVNV & Capital Management are really the same company.  My question is, should I call Capital Management directly and offer PFD? The balance shown on my credit report is $2,532.  I am willing to offer 80% just to have this negative mark on my CR go away!  


Do I stand a better change of having it deleted if I PIF?   


Any advice on what my next step should be? 

Regular Contributor
Posts: 245
Registered: ‎06-03-2009
0 Kudos

Re: LVNV Funding/Capital Management Services- PFD Advice?!?

How old is this account? When is it due to fall off? What type of account is it, i.e. credit card, loan, cell phone? Is it beyond SOL?

Starting Score: 615 EQ (1/1/10); 655 TU (12/31/09); 604 EX (10/20/09)
Current Score: 660 EQ (10/29/10); 676 TU (LO pull 4/21/10); EX 666 (LO pull 9/21/10)
Goal Score: 780

Take the FICO Fitness Challenge
Established Contributor
Posts: 945
Registered: ‎06-13-2008
0 Kudos

Re: LVNV Funding/Capital Management Services- PFD Advice?!?

Make your PFD offer.  I think that at the point they refuse your offer, you either offer PIF or a higher %.


Some CAs don't do PFDs, and we know that most OCs don't consider them.  All you can do is try!


There are definitely some folks who won't pay anything without the PFD.  If you're lucky enough to have a creditor that won't sue you, or your willing to wait to pay until they file a lawsuit, then go for it.  But I think it's risky.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.