Reply
Frequent Contributor
novabama
Posts: 305
Registered: ‎08-24-2012
0

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: 640 Good things come to those who wait.
Good things come to those who work their butt off and never give up.

Removals - Asset Acceptance, Receivable Solutions, LVNV Funding, Enhanced Recovery, Credit Systems Int, Discover Financial, Amchek/Amsher, Financial Adj Services, Chase, Target, AFNI, RJM, Portfolio Rec!
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

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!
Frequent Contributor
novabama
Posts: 305
Registered: ‎08-24-2012
0

Re: quick RJM question

You are like super poster, Shogun. :smileytongue:

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: 640 Good things come to those who wait.
Good things come to those who work their butt off and never give up.

Removals - Asset Acceptance, Receivable Solutions, LVNV Funding, Enhanced Recovery, Credit Systems Int, Discover Financial, Amchek/Amsher, Financial Adj Services, Chase, Target, AFNI, RJM, Portfolio Rec!
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

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!
Established Member
Zach76
Posts: 19
Registered: ‎07-20-2012
0

Re: quick RJM question

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

Frequent Contributor
novabama
Posts: 305
Registered: ‎08-24-2012
0

Re: quick RJM question

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

Goal Score: 640 Good things come to those who wait.
Good things come to those who work their butt off and never give up.

Removals - Asset Acceptance, Receivable Solutions, LVNV Funding, Enhanced Recovery, Credit Systems Int, Discover Financial, Amchek/Amsher, Financial Adj Services, Chase, Target, AFNI, RJM, Portfolio Rec!

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}