No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Thanks for sharing! This type of information is extremely helpful.
Hi first ask them for settlement, then after they give you an offer, you ask if thats the lowest they can do. I had 3 accounts lowered, then asked for best offer and reduced agsin. Only thing you have to pay at 1 time.
pay for delete is this still a thing
i have two accounts with portfolio recovery
Aliciasy156 how much was owed and how much did you settle for? Was it a percentage?
Yes it is- I just negotiated and paid 2 off. The 1st one they offered 40% off right on their website. I didn't try to negotiate that further because any more than $600 reduction and you have to count as income for taxes. The 40% was literally just a few dollars under the $600. I did that one just yesterday (24th).The 2nd one did not show an offer for settlement so I waited for the 1st settlement to be taken out of my account (just 1day).I called them today and I offered to pay 50% of the 2nd one using the leverage of the 1st one I just paid. They accepted. I requested an email to verify that they were offering the settlement and the amount and that it would be deleted from the CBR's. They sent that to me within 2 minutes. It also shows on their website FAQ's they will delete after pif or settled. Another collection agency that is doing it is Jefferson Capital.
I just chatted online the offered 30% for both my accounts, I asked for 40% and they said ok. Now like the rest lets see if it gets deleted. They stated after my payment post to send an email to request to them. See below.
"PRA can send you a letter confirming payment in full for less than the full balance via e-mail 6 business days after the last payment successfully posts to your account. You may forward your request directly atracustomercare@portfoliorecovery.com after the 6 days have passed".
Hopefully I will be rid of them for good. Fingers crossed it gets deleted, If not I already spoke to an attorney who will pick up the case to get money from them.
@Caardvark wrote:@Anonymous
I'm on my phone right now but I've posted in a few Portfolio Recovery PFD threads on the steps I took and what to expect. Unfortunately, I'm on my phone right now (vs my laptop) and can't easily locate it, copy and paste. But, if you search my history you should find it easily.
I reached out by phone to ge the ball rolling but did not settle on that call. Depending on how much you are willing to pay, it might take a few calls/reps. I settled for about 40%