Is this your debt?? And there is no collection agency involved?
I called the original creditor on the account after it popped back up on my FICO report. They immediately offered to settle for $1000 or let me pay it out over 4 months at 0% interest. I told them I would have to do more research into the validity of the debt before I would pay anything.
I have an old charged off CC bill that just reappeared on my credit report and dropped me a bunch. The balance is 1400 mol, they offered to settle for 1000, but told me it would look worse to settle than to PIF. I have the money for the settlement now, but would have to pay the full balance off over a few months. Which one is better? A CO account already hurts me, is it so much better to pay it out than it is to just settle and be done with it? And could the person who got the Cap One settlement taken off their report call and work the same wonders on this one for me?