@adourdomo wrote:
ive been hearing about this letter for collection accounts...
Hi there.
PFD simply means Pay For Delete. You write a letter to a creditor asking that any negative information about a derogatory account in your credit file be deleted early in exchange for an agreed upon amount of money. Some creditors accept these and some seem to never even consider them.
If you do a search here onsite you can see examples of PFD's.
From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".
i will research