topic Re: PFD success with Applied Bank in Rebuilding Your Credit

PFD success with Applied Bank

Anonymous — Fri, 15 May 2009 02:01:55 GMT

For those that have Applied Bank fka Cross country charge off account on their CR, it may be possible to PFD. I just had success with this, after sending a PFD to Applied I got a response from the collection agency CBCS. After talking to the CA and sending PFD letters, finally got a PFD agreement in writing.

"Applied Bank has authorized CBCS to extend to you the following offer: Applied Bank will remove the TL on your CR for PIF".

Re: PFD success with Applied Bank

nothingman02 — Fri, 15 May 2009 02:31:53 GMT

Congrats. Thats a good deal. Is the OC TL gonna be deleted as well or just the CA a/c or is only one reporting?

Re: PFD success with Applied Bank

Anonymous — Fri, 15 May 2009 02:40:04 GMT

The OC Applied is the only one reporting, with a balance thats hurting my utilization.

Re: PFD success with Applied Bank

nothingman02 — Fri, 15 May 2009 03:00:18 GMT

Thats great. Congrats again.

Re: PFD success with Applied Bank

Anonymous — Fri, 15 May 2009 06:41:55 GMT

congrats. Mind sharing the address you used for the Applied PFD. I sent a PFD letter to applied to pay half of the debt but they did not bite. Instead a new CA now sent me a dunning letter. for the whole amount. Please kindly help me with the address then I will send another PFD

Re: PFD success with Applied Bank

Anonymous — Fri, 15 May 2009 13:04:48 GMT

Thats pretty much the situation I had, sent PFD to applied and got a dunning letter from a CA. If the CA is CBCS and their collecting on the behalf of Applied... you have a good chance at a PFD. If that CA now has the account hound them, they are able to get Applied bank to agree to delete TL with payment.

Applied Address

PO Box 17125

Wilmington, De

19850-7125