I have an open collection account with Asset Acceptance that I am trying to do a PIF / PFD with. I tried it by email with an address from this site, no luck. I sent a PIF / PFD letter in mail yesterday.
This account was originally owned by AT&T but was sold to Asset. I called the OC first to make sure.
The credit limit/original amount is listed as $267. The credit report I pulled on Feb 15 says recent balance $281 as of 2/08. Status: Collection account. $281 past due as of Feb 2008. Now it is reporting as recent balance $282 as of 2/08. Collection account. $282 past due as of 2/2008
I realize it is only a dollar and that the CA's can & will tack on charges to the debt. My question is can they change what they have already reported? they did not add balance as of 3/08 $282.00, they changed what was already there for 2/08. There is no mention of the $281 at all so it leaves the impression that this was the amount they originally reported. This landed on my credit report in September. Have they been adding a dollar every month this way?
Under account staus is just says Collection account as of 9/07, 10/07, 11/07, 12/07, 1/08, 2/08
Also does anyone have any specific advice on how to deal wth this CA? I have read that they are not easy to deal with.
