appreciate any help i can get on this one....
OC: Credit One Bank
CA: LVNV
Amount Owed: $1000 (orignal balance $300 and the rest is fees and interest)
DOFD: 2008
I'm taking aggressive measures to clean up my credit report and have paid off all outstanding debts except this one. I've already sent them a few DVs as well. Bottom line is, I know this is my debt and I want to take care of it. If LVNV refuses a PFD (they did in the past, but i'm going to try again) , should I accept their offer of paying a fraction of the balance to settle the account (I just got an offer to settle for $300), or should I pay the entire amount owed? How much does "settled for less than amount owed" vs "settled for full amount" affect your credit score?
thanks!
