MCM settlement offer.....should I take it?

[rearfanged]

From what I've read on this site from the experts, Midland DOES NOT PFD. So while I have the funds to pay the settlement offer, I was planning to use to pay off some items that have a better chance of being removed from my reports.

The offer states, "IF WE RECEIVE $165.52 BY 02/23/2013 WE WILL CONSIDER YOUR ACCOUNT PAID IN FULL."

It states later in the document that my credit report will be updated as "paid in full."

Any suggestions?

Thanks

[guiness56]

I personally had no luck with Midland but, it could be because I have a big mouth.  I've seen where others had PFDs successfully with them.

Maybe you could offer a bit more than what they asked for in a PFD.  All they can say is no.

How old is the debt and when should it fall off?

[rearfanged]

It's about 3 years old....so I've got a few years before the thing drops......

[guiness56]

I would try a PFD with an offer for a little more than what they want.  I have seen successful PFDs with them.

[rearfanged]

I'll give it a try! I'm sending one to CPA on Monday certified mail. Might as well send one on to MCM too. Thanks for the advice!

[Kevin5974]

Im trying to deal with them as well. May I ask for details regarding their settlement offer and/or info on the bad debt? Thanks a ton!!