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quick RJM question

Frequent Contributor

quick RJM question

I see a lot of people have had easy PFD success with RJM. Everyone I have seen though has settled for about 50%. 

 

This is very old and WAAAY out of SOL so I refuse to pay 50, because that's more than my high balance ever was in the 1st place. (they already sent me 50% settle offer)

 

What did you settle for, % or amount vs total...?!

 

TIA!


Goal Score: 700
Message 1 of 6
5 REPLIES
Moderator Emeritus

Re: quick RJM question

Offer 20%, see what they say.  Anything they get is basically profit.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 2 of 6
Frequent Contributor

Re: quick RJM question

You are like super poster, Shogun. Smiley Tongue

I actually decided (right after that post) that I would send them a PFD offer for $80, so I faxed it over. Wish I could find an email addy! I submitted a BBB complaint re them, however I don't think that'll pan out and I'm just impatient. I'd rather pay 80 bucks for a debt I do owe and get it off. Hopefully they will accept, I will let yall know if I hear back!

 

Others: if you had a low % success I'd still like to know!


Goal Score: 700
Message 3 of 6
Moderator Emeritus

Re: quick RJM question

I've had as low as 20% on a couple of really old ones.   It was just to get rid of it, even though it would fall off the CR they can bounce it from one to another and still annoy you.  This way I got rid of it completely.  

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 4 of 6
Established Member

Re: quick RJM question

I had them accept about 20% on a debt that was a couple of years past the SOL for collection.  

Message 5 of 6
Frequent Contributor

Re: quick RJM question

Thanks, I got them to agree to PFD for $150!

Goal Score: 700
Message 6 of 6