08-12-2007 03:47 PM - edited 08-12-2007 05:27 PM
08-15-2007 09:09 PM
08-15-2007 09:20 PM
09-05-2007 02:36 PM
09-06-2007 10:22 PM
09-08-2007 06:42 PM
I'm just getting started with my credit repair. I'm starting with what were my Sears accounts have been sold to a collections agency.My first step was sending a validation letter to the agency. If they can validate the debt (and I'm sure they can-I know these accounts are valid), can I still send a PFD letter?I'm afraid I jumped into this without the proper research. I wasn't even thinking about SOLs and the like. Can I send a PFD with a settlement amount even if the debt is valid?
09-08-2007 06:44 PM
Why are they saying he owes $329? Unpaid rent from the evacuation?
Hi there-I'm helping my friend get out of some major financial trouble and we've just started looking at his credit report. He has one particular collection from an apartment he had to abandon after Katrina. The apartment wasn't damaged, but his place of work was demolished, so he ended up having to move. Since they "re-opened" the apartments a month or so after the evac, they're now trying to collect $329 from him. He was current on his rent payments prior to Katrina.Personally, I think this one is a bit of a crock of you know what, although per his lease, he says that he's legally liable. Does anyone have any opinions on the best way to handle this one? A PFD letter or a GW letter? If we did a PFD letter, I would personally want to try for a reduced settlement... but what would a good dollar amount be? 50%? 25% because they're being stupid and ridiculous?Can I tell them I think they're stupid and ridiculous???
09-09-2007 07:39 AM
09-09-2007 09:57 AM
Since there was no damage to the complex, the apartment opened back up after the evacuation and they expected payment AFTER Katrina. If you recall, Katrina hit at the very end of August. I believe this is for remainder of September's rent before he was able to call and terminate residency.
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.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com 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.