Valued Contributor
Posts: 1,228
Registered: ‎05-10-2012
Re: PFD letter to settle $481 collection? Need advice.

Good luck!

  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
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Regular Contributor
Posts: 222
Registered: ‎03-08-2013
Re: PFD letter to settle $481 collection? Need advice.

What happened with your PFD with this collection company? Did they accept?

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Starting score 3/2013 - 585. Score as of 5/2014 - 725.
Regular Contributor
Posts: 117
Registered: ‎07-25-2013
Re: PFD letter to settle $481 collection? Need advice.

I emailed and faxed this company a PFD today. 20% of total balance (which came out to close to 150) as the debt is way outside the SOL, and scheduled to fall off next year. Im hoping they just take what they can get at this point. If it were me I would take the 150. Lets hope they feel the same way. :smileyhappy: