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Collection agencies that do PFD

renamariee
New Contributor

Re: Collection agencies that do PFD

Does IC Systems delete with settlements as well?
Also, when having OC recall a debt to pay (Emhanced Recovery, Convergent) do they recall and delete with settlements as well or only full balance?

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Message 121 of 128
sjt
Senior Contributor

Re: Collection agencies that do PFD


@renamariee wrote:

Does IC Systems delete with settlements as well?
Also, when having OC recall a debt to pay (Emhanced Recovery, Convergent) do they recall and delete with settlements as well or only full balance?


IC Systems is on the list of collection agencies that will do a PDF.
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Message 122 of 128
kiany779
Valued Member

Re: Collection agencies that do PFD

@Remedios 

 

I can confirm that receivable collection services, llc in Floral Park NY will not do a PFD under any circumstances whether it's PIF or Settlement

Message 123 of 128
MrMello2
New Contributor

Re: Collection agencies that do PFD

Any word on TSI collections in reference to PFD?

Message 124 of 128
fenyx17
New Visitor

Re: Collection agencies that do PFD

Hello everyone, I'm new to the forums and I want to start rebuilding my credit. 

I have a question, if you successfully negotiate a Pay for Delete with  Collection Agency, will the original debt which is also being reported as a Charge-Off ccan be deleted too, or just the collection account? 

Thanks for any feedback!

Message 125 of 128
gdale6
Moderator

Re: Collection agencies that do PFD


@fenyx17 wrote:

Hello everyone, I'm new to the forums and I want to start rebuilding my credit. 

I have a question, if you successfully negotiate a Pay for Delete with  Collection Agency, will the original debt which is also being reported as a Charge-Off ccan be deleted too, or just the collection account? 

Thanks for any feedback!


The OC would remain and the PFD would only apply to the CA that is reporting. OCs really dont do PFDs.

Message 126 of 128
fenyx17
New Visitor

Re: Collection agencies that do PFD

OK I see, so in your all's experience, is it still worth to do a PFD even though the orignal account will remain as a negative item?

Message 127 of 128
OmarGB9
Community Leader
Super Contributor

Re: Collection agencies that do PFD


@fenyx17 wrote:

OK I see, so in your all's experience, is it still worth to do a PFD even though the orignal account will remain as a negative item?


Yes because if you let the CA sit there, your scores are being affected by the double whammy of BOTH the CO and the CA. At least this way if you PFD the CA, you'd only have the CO which would be closed and age over time, allowing your scores to recover.


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Message 128 of 128
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