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Established Member
Posts: 24
Registered: ‎10-06-2012
0

PAY FOR DELETE WORKS!!! +94

[ Edited ]

10/12 - 12 Collection Accounts (9 Medical)

 

12/12- 0 Collection Accounts

 

Thanks so much to the My Fico Community. I lurked and read most of the time but your tips were invaluable. 

 

One CA owned 4 medial collections. I agreed to pay 50% and they were actually the ones who said they would delete them. They said they are having a lot of issues where people pay off the debts, then dispute it. She told me they were doing this as policy now, to avoid having to use $$ and hours to investigate disputes. 

 

The other CA owned the other 5 medical. At first, they gave me the song and dance about not being allowed to do PFD. I asked to speak with the manager, i explained my situation and eneded up setteling for 70% ( a lot higher than I wanted to go, but it was to remove all 5 collections which wouldn't fall off for another 3-4 years). 

 

The other 2 were utility bills (ATT and Aqua America). I simply called the OC and spoke with someone in accounts receivable. They were able to take my payment directly and recall the collection notice from the CA. 

 

Credit jump since October +94

 

10/12 - EXP 586

12/12- EXP 680

My Wallet: Amex BCP $19.5K | BOA Cash Rewards $15K | BOA Better Balance $10K | Cap One Venture $10K | Cap One QS $3K | Chase Freedom $4.5K | Barclay Rewards WMC $5K | Citi Simplicity $8.4K | Discover It! $2K | Huntington Voice $5K | PNC Cash Builder VS $17.5K | Total Rewards VS $12K | Sams Club $7.5K
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Posts: 14,051
Registered: ‎04-15-2011
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Re: PAY FOR DELETE WORKS!!!

Awesome job!!!!  Congrats!

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
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Current scores after adding $81K in CLs and 2 new cars since July 2013
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Established Member
Posts: 23
Registered: ‎10-24-2012
0

Re: PAY FOR DELETE WORKS!!! +94

what collection agency was it?  I have 4 left.

 

Congrats and thank you Smiley Happy

Amy

Established Contributor
Posts: 573
Registered: ‎10-21-2012
0

Re: PAY FOR DELETE WORKS!!! +94

Wow!! Great job, congrats!!  Any tips for talking to them on the phone?  I've been scared to call.  Just sending letters.



Starting Score: TU:584 | EQ 584
Current Score: TU FICO: 711 | EQ FICO 713 | EX (USAA FAKO) 779
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Contributor
Posts: 99
Registered: ‎12-07-2012
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Re: PAY FOR DELETE WORKS!!! +94

Congrats!! So close to 700 Smiley Happy


Starting Score: 2/22/12: EQ 530, TU 553, EX 528(lender). 12/4/12 (rebuilding starts)= EQ 599.
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Established Member
Posts: 24
Registered: ‎10-06-2012
0

Re: PAY FOR DELETE WORKS!!! +94

"what collection agency was it?  I have 4 left."

 

The one that just did it, no hassle was First Federal Credit

 

The one I had to haggle with was Revenue Group

 

I really does think it depends less on the CA and more on the collector themselves. Like I said above, I wasn't getting anywhere with the agent on the phone, so I asked to speak with a manager. Don't be rude, just explain what you are looking for calmly and see how it goes. 

My Wallet: Amex BCP $19.5K | BOA Cash Rewards $15K | BOA Better Balance $10K | Cap One Venture $10K | Cap One QS $3K | Chase Freedom $4.5K | Barclay Rewards WMC $5K | Citi Simplicity $8.4K | Discover It! $2K | Huntington Voice $5K | PNC Cash Builder VS $17.5K | Total Rewards VS $12K | Sams Club $7.5K
Established Member
Posts: 51
Registered: ‎11-20-2012
0

Re: PAY FOR DELETE WORKS!!! +94

That's great! 

Regular Contributor
Posts: 181
Registered: ‎12-31-2011
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Re: PAY FOR DELETE WORKS!!! +94

Good for you.  It's always great to see the results of hard work.

New Contributor
Posts: 51
Registered: ‎03-07-2012
0

Re: PAY FOR DELETE WORKS!!! +94

That's excellent!

New Contributor
Posts: 88
Registered: ‎11-16-2012
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Re: PAY FOR DELETE WORKS!!! +94

If we as a group, can keep hounding and hounding all the CA's, OC's, etc etc to delete, delete, delete, or make expensive for them not to...maybe more and more of them will change their ways and start establishing PFD's as policy more and more....Contrary to what they keep saying, they have no legal obligation to report their tradeline so deleting for payment is not against the rules or the law....Why all CA's don't do it is beyond me, their bottom lines would increase dramatically and they would be able to purchase more and more accounts and debt...


Starting Score: EQ 575 EX 595 TR 524
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