Guiness, I will paste the pic when I get home.
RobertEG, I had asked if I could settle the account with them for $600. The kind CSR said they can't, but can take a payment now, then discuss a payment plan. I said I just want to get rid of this debt and Midland gave me a settlement offer. He said to settle with them if that's what's best for me. When he said they would pull the account from Midland, I didn't ask any questions. This is my first time calling any creditor to resolve a collection account. I think I was a little embarrassed that he told me no. So I didn't take the conversation any further and didn't clarify if Midland would be deleted from my credit reports. I will call back and find out.
RobertEG, I had asked if I could settle the account with them for $600. The kind CSR said they can't, but can take a payment now, then discuss a payment plan. I said I just want to get rid of this debt and Midland gave me a settlement offer. He said to settle with them if that's what's best for me. When he said they would pull the account from Midland, I didn't ask any questions. This is my first time calling any creditor to resolve a collection account. I think I was a little embarrassed that he told me no. So I didn't take the conversation any further and didn't clarify if Midland would be deleted from my credit reports. I will call back and find out.
So do I still need to verify who owns the debt?
And guiness, I can't paste the pic. I'm a little computer-illiterate when it comes to this stuff. But the payment history is a table, and the boxes are green where it means "pays as agreed." Then for 10/2012, it's purple and has "CA" in the box. It's seems pretty clear on my Equifax report that Midland is reporting that I'm making payments. As a collection account that payments are not being made on, shouldn't those boxes all have "CA" in them?
Another question...
The Midland account is scheduled to drop from my credit report 08/2015. I know it can vary from each CRA. If I settle this account for less with Midland rather than PIF with T-Mobile, how bad will it hurt when I apply for a mortgage, let's say, 05/2014? Of course, I'd rather have it deleted. But I'd rather save the funds I have right now to pay of some judgments. If I pay Midland, I plan to GW, but who knows what will happen.
*edit: Just got off the phone with T-Mobile again. This time, the CSR said that I have to PIF in 1 payment. After receiving full payment, they will contact Midland and account should be removed from my credit report in 3 days. It's a $400 difference if I pay directly to T-Mobile. ayyyyyyyy! I don't know what to do. I guess I'll wait to hear about my judgments first (I asked to settle a total of about $1500), and then decide. I let T-Mobile know that I wasn't ready to pay yet, anyway. I was just getting information.
