Just wanted to share that I just settled my last charge off this week, as well as the balance on my repoed auto-loan, and most of my collections (2 from MCM, 2 from PRA). I've been working on paying these of for the past ~8 months, so it feels really good to reach this milestone!
I only have 2 collections (both PRA) left -- which I plan to pay off early in the Fall. Once I pay those, I will be almost debt-free except for ~16k in federal student loans, which I should be able to tackle in the coming year 
I wanted to share what each creditor settled for, here are my stats:
Charge-offs / Auto
| Creditor | Total Owed | Settled Amount | Settled % |
| BMW FS | $11,123.00 | $4,500.00 | 40% |
| Discover It | $4,711.00 | $2,830.00 | 60% |
| AmEx | $2,535.00 | $800.00 | 32% |
| AmEx | $1,299.00 | $420.00 | 32% |
| AmEx | $11,590.80 | $6,960.00 | 60% |
| Chase | $580.00 | $200.00 | 34% |
| Chase | $799.00 | $300.00 | 38% |
| Chase | $3,093.00 | $1,000.00 | 32% |
| DFS | $784.00 | $314.00 | 40% |
| TD Bank | $603.00 | $363.00 | 60% |
Collections
| Agency | Total Owed | Settled Amount | Settled % |
| Portfolio Recovery | $1,612.10 | $1,146.20 | 71% |
| Midland Funding | $6,291.00 | $3,654.50 | 58% |
| Midland Funding | $2,368.50 | $1,350.30 | 57% |
| The Bureaus | $679.74 | $340.00 | 50% |
| I.Q. Data | $274.18 | $274.18 | 100% |
I just made these payments in the past few weeks, so very few have actually updated on my CRs. My scores are stil where my signature currently indicates, but I am looking forward to posting changes and updates here as they happen. I will still have two very meaty Portfolio collections on my report, so I won't see the score bump from no collections at all until I can pay those off later in the year.
Everyone here has been immensely helpful -- I couldn't have done this without y'alls help, so thanks for all the great learning and amazing encouragement 
@gatorlover wrote:Just wanted to share that I just settled my last charge off this week, as well as the balance on my repoed auto-loan, and most of my collections (2 from MCM, 2 from PRA). I've been working on paying these of for the past ~8 months, so it feels really good to reach this milestone!
I only have 2 collections (both PRA) left -- which I plan to pay off early in the Fall. Once I pay those, I will be almost debt-free except for ~16k in federal student loans, which I should be able to tackle in the coming year
I wanted to share what each creditor settled for, here are my stats:
Charge-offs / Auto
Creditor Total Owed Settled Amount Settled % BMW FS $11,123.00 $4,500.00 40% Discover It $4,711.00 $2,830.00 60% AmEx $2,535.00 $800.00 32% AmEx $1,299.00 $420.00 32% AmEx $11,590.80 $6,960.00 60% Chase $580.00 $200.00 34% Chase $799.00 $300.00 38% Chase $3,093.00 $1,000.00 32% DFS $784.00 $314.00 40% TD Bank $603.00 $363.00 60%
Collections
Agency Total Owed Settled Amount Settled % Portfolio Recovery $1,612.10 $1,146.20 71% Midland Funding $6,291.00 $3,654.50 58% Midland Funding $2,368.50 $1,350.30 57% The Bureaus $679.74 $340.00 50% I.Q. Data $274.18 $274.18 100%
I just made these payments in the past few weeks, so very few have actually updated on my CRs. My scores are stil where my signature currently indicates, but I am looking forward to posting changes and updates here as they happen. I will still have two very meaty Portfolio collections on my report, so I won't see the score bump from no collections at all until I can pay those off later in the year.
Everyone here has been immensely helpful -- I couldn't have done this without y'alls help, so thanks for all the great learning and amazing encouragement
Congrats save somemoney to pay Federal taxes for amounts less than full pay
@lexi_7170 I called them and just negotiated on the phone, I let them know I had the money to pay everything at once and I think that helped.
@7774x I'm insolvent so hopefully it means I won't have to pay any.
@NICKI183 happy the information helped! My hope in sharing is that some might find the information useful. best of luck tackling your MCM accounts! I found them relatively pleasant to deal with.
Those were great and strong choices that you made over the past few weeks. I am glad to see you have taken that (or most of the) weight off...(by getting to this point) your reports, soon!
Thank you for the stats!
Thank you for the stats!
Congratulations! I just paid off mine last week. Feels good, now we wait.
Started: 5/2018 EX8 468 TU8 479 EQ8 451
