09-27-2013 12:45 AM
Hello everyone. Although I have been reading the forums almost daily for a few months now, this is the first problem that I have not been able to find an answer for. I sent a GW letter on my husbands behalf to Business and Professional Service in San Antonio regarding a doctor bill that was paid to the doctor office. They immediately delted the account from his credit file, and for that I thank them. I found out that I also have 2 CA accounts with them. One account is for $87 and is from last year. The other account is for $578 and the SOL has just expired. I sent a PFD letter last week asking to have the $87 account deleted for full payment. They will delete both accounts but ony if both are paid in full.
Paying $665 really is not feasible at this time. My question is this: Do I pay the $87 and have it on my CR as PIF for 6 more years and let the $578 drop off in 3 years? Or should I send a letter back asking to make 5 equal payments on the $578 and send a good faith payment for the $87 at the same time? I know it will reset the SOL, but I just want them gone.
Any help would be appreciated
09-27-2013 05:50 AM
09-27-2013 11:11 AM
The response stated that both had to be PIF within 30 days from 09/21/2013 for deletion. I thought maybe pay the $87 so it would at least say PIF with the CRA's. Then maybe make 5 equal payments over 2 months until paid.
09-27-2013 12:15 PM
09-27-2013 12:37 PM
Thats what I was thinking. Any suggestions on a renegotiation letter?
09-27-2013 12:46 PM
If I send a renegotiation letter should I send the payment for $87 as a good faith offering? Or should I wait for a response?
09-27-2013 02:06 PM
wait for a response. I would tell them your situation and offer to pay whatever you can. Offer to pay over time. Can you borrow money from family? What ever they agree to, make sure to GET IT IN WRITING.
09-27-2013 03:00 PM
Thank you for your help. I'm going to send out a renegotiation letter on Monday, CMRRR of course, and I'll let you know how it goes.
09-28-2013 05:42 AM
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.