topic Re: PFD letter ignored in Rebuilding Your Credit

PFD letter ignored

Anonymous — Tue, 30 Oct 2007 05:37:29 GMT

I sent a PFD letter (the one that's popular here) to a CA, and I didn't get a response. I did get the signature card back. I offered the full amount, not a settlement. So what's the next step? Do I send it again?

Re: PFD letter ignored

Anonymous — Tue, 30 Oct 2007 12:35:18 GMT

I actually have the same question. I'm ready to start paying off this debt but at the same time I want it all removed from y credit report. Should I give them more time to respond or call them to see if they will agree to the terms in the letter and send out a letter stating once the account is paid in full they will remove it from my credit report?

Any help on this matter would be great. My repayment plan starts this week.

Thanks

Re: PFD letter ignored

Anonymous — Tue, 30 Oct 2007 13:10:15 GMT

Try faxing it and include the CMRRR number on it.

I take it you either DV'ed this or know it is yours?

@Anonymous wrote:
I sent a PFD letter (the one that's popular here) to a CA, and I didn't get a response. I did get the signature card back. I offered the full amount, not a settlement. So what's the next step? Do I send it again?

Re: PFD letter ignored

Anonymous — Tue, 30 Oct 2007 13:12:15 GMT

Don't send them $ without an agreement.

As soon as you send $1 you will reset the SOL and they will sue. Payment plans and PFD together are a alot more work- but well worth it if you can get it.

@Anonymous wrote:
I actually have the same question. I'm ready to start paying off this debt but at the same time I want it all removed from y credit report. Should I give them more time to respond or call them to see if they will agree to the terms in the letter and send out a letter stating once the account is paid in full they will remove it from my credit report?
Any help on this matter would be great. My repayment plan starts this week.
Thanks

Re: PFD letter ignored

Anonymous — Tue, 30 Oct 2007 13:15:07 GMT

Thanks for the reponse. The real question is... Do I call them to see if they will send me a paper agreement or do I just continue to send them PFD's until they respond?

Re: PFD letter ignored

Anonymous — Tue, 30 Oct 2007 13:24:27 GMT

You may want to contact the OC and let them know their CA is not responding to your correspondence.

You may also want to try Fax or Email. But get the agreement on their letterhead.

@Anonymous wrote:
Thanks for the reponse. The real question is... Do I call them to see if they will send me a paper agreement or do I just continue to send them PFD's until they respond?

Re: PFD letter ignored

Anonymous — Tue, 30 Oct 2007 13:27:56 GMT

Thanks I apprecaite it. I will proceed from here.

Re: PFD letter ignored

Anonymous — Wed, 31 Oct 2007 02:45:27 GMT

I will try the original creditor...I never bothered to DV because I know the debt's mine and the CA info was given to me by the OC. What can I expect from the OC, does anyone know?

Re: PFD letter ignored

Anonymous — Wed, 31 Oct 2007 03:31:51 GMT

NEVER talk to a CA!!!!! you can send a PFD to the OC. You should always send a DV to any CA before thinking about paying!!!!

How old is the debt? is it past SOL?

Re: PFD letter ignored

Anonymous — Sun, 11 May 2008 22:15:53 GMT

So I messed up, is there any hope ? I just sent a letter req that Cap One who bought out Onyx delete from CRAs the CO's along with letter I sent a MO paying full amount I thinking now I should have requested DV first ... it was for such a small amount ($76) I just wanted it off my Credit Report, seems crappy, paid fine for the length of loan waited for what the final payment would be never received anything till it showed up on our credit report ... Hopefully it's not to late what should I do next or will I just have to grin and bear it

Re: PFD letter ignored

llecs — Sun, 11 May 2008 22:23:20 GMT

trola wrote:
So I messed up, is there any hope ? I just sent a letter req that Cap One who bought out Onyx delete from CRAs the CO's along with letter I sent a MO paying full amount I thinking now I should have requested DV first ... it was for such a small amount ($76) I just wanted it off my Credit Report, seems crappy, paid fine for the length of loan waited for what the final payment would be never received anything till it showed up on our credit report ... Hopefully it's not to late what should I do next or will I just have to grin and bear it

You can't DV an OC, only a CA.

They don't have to delete. A PFD is a letter requesting a kind gesture, but they don't have to reply or comply.

I'd wait about 2 months after you mailed the payment and dispute if and only if CapOne/Onyx is reporting anything other than $0. If they are reporting $0, then all you can do is send GW letters (very long shot with CapOne).

Re: PFD letter ignored

Anonymous — Mon, 12 May 2008 00:42:06 GMT

What is "SOL" (Shi* Out of Luck)?

Re: PFD letter ignored

llecs — Mon, 12 May 2008 00:55:40 GMT

SkiloverLA wrote:
What is "SOL" (Shi* Out of Luck)?

Statute of Limitations, or the point at which you can or can't be sued. Varies by state.

Re: PFD letter ignored

Anonymous — Mon, 12 May 2008 01:01:59 GMT

Thanks! Approximately how long is it, for example in California? How would one find out? Also, is it just about being sued? How about being collected?

Re: PFD letter ignored

llecs — Mon, 12 May 2008 01:40:04 GMT

SkiloverLA wrote:
Thanks! Approximately how long is it, for example in California? How would one find out? Also, is it just about being sued? How about being collected?

I don't have the link handy, but if you were to search "SOL" and look for a URL link, you'd find one. Posted many a time in here.

You can be sued outside of SOL, but you will have a SOL defense and you'd win in court. Just answer any summons.

They can engage in collection activity forever. No time limit. Reporting, though, is only 7 yrs.