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.
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.