I have searched and searched these forums for a letter that resembles what I need. This is the only "bad" thing on my credit and I want it off immediately I have a charge off account with stupid Capital One ($1900). From reading everyone's horror stories, I know my chances at a PFD are slim to none. What I would like to do is write a letter and request some sort of payment arrangement. I will gladly pay in full if they agree to remove the "charge off status." I don't care if they keep it on there as a tradeline.. I would just prefer to not have "charge off" next to it (obviously). I don't have the money to pay all at once, but could possibly do a few large payments to get it taken care of. Would this still be considered a PFD? Or is there some other sort of format I need to use? Any info you could provide would be greatly appreciated.
TU 579 EQ 525 - 3/10/2009
TU 579 EQ 528 - 3/13/2009