topic Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount. in Rebuilding Your Credit

I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

Anonymous — Tue, 23 Mar 2021 02:02:25 GMT

I owe 1603

the settlement amount is 475 dollars. This dept is from 2011 and it's no longer on my credit report but I still wanna pay it. Back in 2011 my bill was high and I had no job so I couldn't afford to pay it. I cannot afford the full 1603. The creditor told me this once I pay it, it will be considered paid in full after they process my payment.

I was told that after I pay it they will send me a letter confirming everything and it will show up on Verizon end and the credit report as paid.

my question is after I pay this amount and since this is not showing on my credit report. Will it reappear on it as paid? Also in the future if I wanted to sign up with Verizon again can I?

Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

blindambition — Tue, 23 Mar 2021 02:19:24 GMT

When was DoFD, or date of last delinquency. It will only report for up to 7 years + 180 days from that date. Though CRA usually remove at 7 years. If past that, account will not appear. Was this through VZW internal collections, or outsourced.

I used to be a manager at VZW, policy used to be full repayment before new line could be issued, but that may have changed.

Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

Anonymous — Tue, 23 Mar 2021 02:30:20 GMT

This was done through a creditor called unifin inc. they offered me a settlement of 504 dollars but I made a small payment today and on Friday they will deduct the remaining from my account.

the last reporting was I believe 2017. I asked the creditor a question and she said that after I pay it will considered paid in full. She also said that I could sign up with Verizon if I wanted too. But even though I don't plan to sign up with them I wanna know if I'm able to in the future. If I'm not able to then I would rather work towards paying it in full.

Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

Anonymous — Tue, 23 Mar 2021 03:29:06 GMT

@Anonymous wrote:
I owe 1603

the settlement amount is 475 dollars. This dept is from 2011 and it's no longer on my credit report but I still wanna pay it. Back in 2011 my bill was high and I had no job so I couldn't afford to pay it. I cannot afford the full 1603. The creditor told me this once I pay it, it will be considered paid in full after they process my payment.

I was told that after I pay it they will send me a letter confirming everything and it will show up on Verizon end and the credit report as paid.

my question is after I pay this amount and since this is not showing on my credit report. Will it reappear on it as paid? Also in the future if I wanted to sign up with Verizon again can I?

It's beyond the statute of limitations. If you want to pay out of honor, pay to Verizon. The CA should no longer be reporting it. They paid Verizon something like 20%. Because it's past the statute of limitations, I'm sure they're delighted to settle because that's gravy for them and likely the employee who gets you to pay the collections agency years past the date. 🙏🏻

Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

simplegirl — Tue, 23 Mar 2021 13:16:48 GMT

I settled a verizon charge off with Jefferson capital late last year and switched back to verizon from at&t early this year. Also my mom has a charge off with verizon and she switched to them this year also and she never paid them back plus she still hasn't.

Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

Anonymous — Tue, 23 Mar 2021 13:48:37 GMT

Did you pay the debt in full or did you do a settlement?

Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

simplegirl — Tue, 23 Mar 2021 13:58:35 GMT

@Anonymous wrote:
Did you pay the debt in full or did you do a settlement?

I settled with the collection agency.

Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

Anonymous — Tue, 23 Mar 2021 14:00:19 GMT

Thank you for answering my question

Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

HRZ780 — Wed, 24 Mar 2021 01:32:59 GMT

If Unifin is trying to collect, It's very likely that Verizon no longer owns the debt. They most likely wrote it off years ago and then sold the debt to Jefferson or Unifin. If you really want to pay Verizon for your old acct, I would recommend going to them directly and ignoring Unifin. They are the bottom of the bottom feeders.

Re: I owe Verizon money and I wanted to pay them. The creditor offered me a settlement amount.

Anonymous — Wed, 24 Mar 2021 01:41:35 GMT

After I left Verizon and signed with sprint a couple months later, after a year I went delinquent with sprint (not on purpose) I owed sprint 379 dollars. They already sold it to a creditor and I remember I contacted the creditor and paid it in full. Then a year later I tried to sign up for sprint and got approved and they pulled up my old account and it showed as paid.

I contacted Verizon and they no longer had my dept. they sold it in 2012 and now it's 2021. They no longer have it. A creditor has it. So I contacted the creditor and they said they could offer me a deal and all I would pay is 501. I put down a $25 payment and the remaining which is about 479 will be charged on Friday.

I got a confirmation letter saying that after the payment all debit will be considered paid and they will update the credit bureau and Verizon after the payment processes. I know a lot of creditors can't be trusted but I have no choice but to trust them since Verizon no longer has my dept.