This is my last baddie that I can do anything about... (other 2 baddies are foreclosure and BK13 which will come off within the next year)
The one I need advice on is Cashcall, charged off and sold to a CA (Greater California Financial Services)
I have both the CO ($0) and the CA on 2 of my 3 credit reports. The other just has the CA but not the original charged off Cashcall derog.
DoFD 07/2008 (outside of SOL)
Original Amount Owned:$2,079
Balance Owned:$5,443
This wont drop off until June 2015
I sent them a DV, and I got the peach paper today from USPS in my mailbox that GCFS sent me something back (envelope, probably DV reply)
Theres no way I want to PIF (either the original amount or the outrageous amount they think I currently owe)
So my choices now are what?
- Offer a PFD for a % of it - if so, the original balance or the outstanding?
- Ignore it for the next 2 years and let it fall off on its own
If I did get a PFD, I would still have the CO/$0 on 2 of my 3 credit reports, right? Anything I can do about that? I doubt Cashcall is gonna GW it off...
What would you do?
ETA: Yes, I understand that offering a PFD for a % of it is asking for 2 concessions from them. But, its outside of SOL so they probably realize they aren't gonna get anything at all from me without it.
Starting Score: EQ 633 TU ? EX 623 (lender)