11-29-2012 07:45 PM
Heres my plan.
I have 2 CO on report. One is First Premier and 2nd is Chase(also reporting with Midland)
My question is do I PFD Midland or Chase? I read that Midland most likely wont budge so should I just PIF and then GW them both hoping that one will remove?
And with First Premier, would a PFD letter and asking to reopen account work nowadays? Maybe can restablish the account to get rid of the CO. Or should I just PIF and GW?
Both were charged off in 2010 so relatively new.
11-29-2012 07:47 PM
Are the CO's reporting a balance?
11-29-2012 07:47 PM
11-29-2012 07:51 PM
+1 on if the CO's are reporting. If Midland is on your CR and Chase is reporting a $0 balance than you will probably have to work with Midland.
11-29-2012 08:04 PM
Both CO show $0 balance. Midland shows the Chase balance. I dont think First Premier sold the debt yet because i dont see the balance anywhere.
11-29-2012 08:07 PM
I read in past they repoen and clear the negatives. I can handle the crap card till i close account but wasnt sure if they still do this.
I just got a 3k securred USSA card and I just got added as AU to a discover card with 4k CL
The sad part is I have money to PIF everything on my report, just looking to do it in the most effect way.
11-30-2012 02:15 AM
Having first charged-off the debt, thus holding that it had become uncollectible, and then referring to a debt collector for continued efforts to collect does not usually foster an atmosphere of wanting to reopen the account for futher use.
If the OC still owns the debt, then a decision on who to offer a PFD depends upon which of the reportings you are seeking deletion.
If you want to get the CO deleted, only the OC can agree to that. If you want the collection deleted, only the debt collector can agree to that.
Most consumers will usually consider a collection as more serious, and thus opt to seek its deletion.
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.