Pay for delete Phoenix Financial

[Anonymous]

Any experience with pay for delete with Phoenix Financial which is collecting a medical debt? The Woman on the phone told me that She cant send an email or anything in writing. But they did offer a hefty discount and told me they will completely remove it from my credit report if I paid.

[Anonymous]

Get it in writing from Phoenix on there Letterhead so you have documentation. Years ago I went through this same thing and took secveral collection agencies word that they would remove it after it was paid. GUESS WHAT? both collection agencies expereinced amnesia and I had to wait the entire 7 years for it to fall off. It updated as " charged off paid in full" .. Dont trust anyone. 

[Anonymous]

You should ask a mod to move this to Rebuilding Your Credit, you'll get more relevant responses there

[rmduhon]

Look into the laws of your state regarding recording phone calls. If you are in a one party state you can record them without having to let the other party know. If they state that the account will be removed and they don't you can sue them for violating a verbal contract.

[Anonymous]

Thats so odd.  If you live in AZ almost all collectors are willing to do PFD.  I have had sooooo many PFD I make it look like an art form most of which i assume its because they were mdeical and all in AZ collection companies. The only agency not willing to play ball on a medical collection PFD is a crack pot agency called Nemos Collection but after a dispute it got removed anyways.  How much do you owe?  i would try again and ask for a supervisor.  Be nice, Kill them with kindness.  If they are local to you; say that you can drive there if they are willing to print it out for you as you make the payment.

[amytx1978]

I called on an old medical bill that my ex husband was supposed to pay for our child. I asked for a PFD letter, they said they don't do it but would report to credit bureaus once payment cleared. I took the settlement amount. Just noticed Experian was updated as $0 balance and settled for less than full payment! What a crock. I'm trying to get a mortgage, and my middle score is 630. This was my only baddie, and I was hoping for a big jump. Anyone have tips on what to do now?

[medicgrrl]

It's common for a CA to report a $0 balance first before removing an account. I would give it 2 weeks before calling them back.

[rmduhon]

GW letters. Since you accepted the settlement then they are reporting correctly.

[amytx1978]

They were deleted! My scores jumped an average of 40 pts!

[gdale6]

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@amytx1978 wrote:

They were deleted! My scores jumped an average of 40 pts!

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Grats