No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
After sending three PFDs to Harvard Collections for an old Sprint bill, they finally responded with what I'm pretty sure is a PFD agreement. The letter starts off by saying that they agree to accept $301.05 as settlement in full and upon receipt of payment, all obligation and liabilities will be released and that they will cease collection activity. Ok, so that's not really agreeing to delete. But then down at the bottom of the letter there is a note that is in a different font (yes, I'm paranoid) that says:
"Please be advised that upon receipt of payment via certified funds, the account will be requested to be deleted from the national credit reporting agencies within 24-48 hours after payment is posted (please allow at least 30 days for the account to actually be deleted)"
To me this sounds pretty legit but this is my first PFD response so I want to check with the experts before I pay. This is a pretty new collection account on my credit report (started reporting in Feb) so I'm hoping for a decent jump in score. I only started rebuilding my credit in May of this year so this would be my first big accomplishment. Fingers crossed!
EQ: 5/09 494 7/09 494 8/09 517
TU: 8/09 536
@BungalowMo wrote:
Was the letter mailed to you? Was it signed?
Yes, it was mailed to me. It wasn't signed but there is a person's name typed at the bottom before the note about the deletion. There are asterisks that are handwritten around the deletion note but nothing more.