NCO, now what?

[Anonymous]

I have two credit cards that went to NCO. What's my first step in deing with them?

Anyone have an email address they have been successful with?

[Imperfectfuture]

No. But they are REAL easy to deal with (I used phone method). They WILL PFD. Depending on how old the collection is (though it sounds newer for you), they will probably settle for less. BUT, if I want it deleted, I pay the full amount, and they delete. Of course, the original charge offs will still be on your report.

[Anonymous]

So should I contact them and PFD for full amount or wait it out.

[Imperfectfuture]

Depends if out of SOL, how old it is, etc. read around the forums for your particular cc, learn about length, etc. I can't advise you without seeing details, and then I wouldn't want to misguide you, depending on your goals and financial situation.

[Anonymous]

Not out of SOL. These are recent debts. One from Lowes and the other from Walmart.

[kjel]

I had a $225 collection with NCO and did a PFD agreement via phone. They faxed me the agreement and I mailed a certified check to them. The deleted a couple weeks after receiving payment.

[Anonymous]

Did you pay the full amount or negotiate? So once I PFD, then the NCO will be gone and the original creditor will report 0 but a charge-off?