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FROM Collections TO Original Credtor

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Anonymous
Not applicable

FROM Collections TO Original Credtor

Has anyone ever successfully appealed to an original creditor to take an account out of collections and set up or restart a payment arraingment with the original creditor? Thanks. 

Message 1 of 5
4 REPLIES 4
RobertEG
Legendary Contributor

Re: FROM Collections TO Original Credtor

There are many reported examples of creditors agreeing to withdraw an assigned collection authority and deal directly with the consumer.

All you can do is ask.....

Message 2 of 5
RonM21
Valued Contributor

Re: FROM Collections TO Original Credtor


@RobertEG wrote:

There are many reported examples of creditors agreeing to withdraw an assigned collection authority and deal directly with the consumer.

All you can do is ask.....


+1

Agree. Asking will not hurt anything at all. At least you will know one way or another.  Then you can decide on your next move.



Total CL: $321.7kUTL: 2%AAoA: 7.0yrsBaddies: 0Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

BoA-55k | NFCU-45k | AMEX-42k | DISC-40.6k | PENFED-38.4k | LOWES-35k | ALLIANT-25k | CITI-15.7k | BARCLAYS-15k | CHASE-10k

Message 3 of 5
Anonymous
Not applicable

Re: FROM Collections TO Original Credtor

Usually when successful the person is paying the full amount at once.
Message 4 of 5
Anonymous
Not applicable

Re: FROM Collections TO Original Credtor

I would only call and ask if you are prepared to PIF also to also try for a PFD.

Message 5 of 5
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