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10-11-2017 05:59 AM
10-12-2017 07:53 PM
I would just tell them, I have no knowledge of this debt and it's hurting my credit, I'm willing to PIF if we can remove this from the CB's.
Im sure others have more knowledge of this than I do. I actually called a company today to try and get my only collection removed... I had all this stuff planned out to say and when I got on the phone it didn't go as planned. They actually told me that once it's paid they will request removal in 30 days!!! So I waited along time to call when I coulda had it taken care of a long time ago. My advice is to just call and act clueless. But that's just advice.
I hope you get it figured out!!!
10-13-2017 10:16 AM
10-13-2017 10:59 AM
A collection is separately reported by the debt collector to record their authority to attempt collection on the debt.
Only the debt collector can agree to delete their own reporting.
A creditor cannot enter into a valid PFD agreement to delete reporting of a collection made by a debt collector.
A PFD offer pertaining to a collection must be made to the debt collector who reported the collection.
IN cases where a debt collector will not agree to a PFD, you can attempt an around-the-barn negotiation with the creditor, wherein you offer to directly send payment to the creditor provided they first teminate any assignment of collection authority to the debt collector.
Debt collectors are instructed under CRA credit reporting policy (not any provision of the FCRA) that they are to report deletion of their collection if their collection authority has been terminated with the debt unpaid. The purpose of that CRA policy is to thereafter prevent two collections from simultaneously showing on the same debt, which can ocur after termination of a first debt collector and assignment to a new debt collector.
If the creditor has declined to terminate their assignment of collection authority and then take direct paymenf from you, then you cannot obtain deletion of the collection by way of paying the OC. You would have to obtain a PFD agreement directly from the debt collector.
10-13-2017 07:27 PM
10-13-2017 07:35 PM
10-13-2017 07:42 PM
I was going through the same dilema as you are right now couple weeks ago, how to deal with that one collection company to bring my score up faster. That was when I found this forum. As for me, I just sent out a PFD to the CA and see what kind of response I will receive from them before I move on. I offer to settle 60% of the debt amount, $ 806, if they agree to remove it completely from my credit report.
I think certain CA's, even if you paid in full, will not remove it, at least that's what some people here posted. You just have to be patience when dealing with these CA's. Also, you can call them up but it's better to get everything in writing before making any payment. In my case, I rather negotiate with them first to find out what are my options because I don't like to rely on GW letter to remove the collection from my record.
10-13-2017 07:48 PM
I disagree with this. Deleted is the main objective. I see no point of paying it to just get it over with. They want to collect the money. You have the money to pay. Use it to your advantage, make them give in a little bit because once you paid them, you no longer have any leverage over the situation and have to rely on their good will.
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