Rebuilding with stupid collection

[ReEducationOfAnEgoiste]

Trying to figure if I should wait for this to fall off, PA SOL is 4 yrs. Has anyone dealt with Jefferson Capital System,  are they easy to PFD?

JEFFERSON CAPITAL SYSTEM

Reported: Jan. 26, 2019

-

$347.00

Needs Attention

Overview

You've paid off 0% of your collection amount.

Balance

$347

Highest Balance

$347

Opened Oct. 07, 2015 (3 yrs, 3 mos)

Original Creditor Name 12 VERIZON WIRELESS Closed No Info

Not sure this info is right so not sure if I should deal with it. Don't want to start a new SOL. Trying to find if I have any records/info on this myself.

Credit score is low.

Can not get a FICO score because says my history is to new.

Vantage score is 615

[Anonymous]

Is it completely valid? You could offer to settle and PFD.

[Anonymous]

Get a PFD agreement. Check these threads out, you should be able to.

https://www.google.com/search?q=will+jefferson+capital+delete+after+payment&oq=will+jefferson+capita...

[Brooklyn2018]

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@ReEducationOfAnEgoiste wrote:

Trying to figure if I should wait for this to fall off, PA SOL is 4 yrs. Has anyone dealt with Jefferson Capital System,  are they easy to PFD?

JEFFERSON CAPITAL SYSTEM

Reported: Jan. 26, 2019

-

$347.00

Needs Attention

Overview

You've paid off 0% of your collection amount.

Balance

$347

Highest Balance

$347

Opened Oct. 07, 2015 (3 yrs, 3 mos)

Account status Open Type Collection Account Responsibility Individual Remarks Placed for collection Original Creditor Name 12 VERIZON WIRELESS Closed No Info

Credit score is low

---

@OP

I have a Jeff-Cap w/Verizon

Jeff-Cap will delete the paid or settled collection from your credit reports IF it is 2 years after the DOFD(Date Of First Delinquency)

I spoke to a rep JUST a few days ago. They offered 40% settlement amount/waiving the balance as satisfied. I told rep to send me the offer in the mail...I even chose the date for the end of FEB. Once it's settled it'll be removed after it's updated(I would imagine?)

If you have the funds(?) and you know the debt is yours(?) and you want the collection gone...IMHO, "if it were me," I call them and offer a settlement amount and be done with it, since it'll be removed anyways, right??!!...again, JMHO...and as always YEMV.

Good Luck

note: my account is STILL within my state's SOL=TX 4yrs

[ReEducationOfAnEgoiste]

I don't really acknowledge this is my debt, or the dates reported on it.

[FireMedic1]

Welcome to the forum. Do you owe Verizon $ yes or no? If so follow that thread. Quicker you pay it off (hopefully PFD) the quicker the clock starts to fall off your report. Otherwise it will just keep updating each month. $300 isnt really that much to pay. Good Luck!

[Brooklyn2018]

@OP

If you feel that strongly about the debt not being “your debt?” Then, your next approach will be to send a DV(Debt Validation) Letter.(you can search the Forums here for DV Letters)

Keep us posted on your decision on how you decided to handle this collection.

Good Luck

[ReEducationOfAnEgoiste]

Thank you all for your suggestions I will post the outcome.

[joltdude]

If you can afford to pay it, just work out a PFD... the deletion is worth it..... going through the motions with the DV isn't likely to work..... 

Good luck

-J

[biglista88]

I have personally delt with Jefferson’s Capital very recently. I paid 40% of the total balance and the account was considered paid in full. Sent a DV letter a month later and ultimately they removed the collection from all 3 bureaus! Total time frame ,about 3 months.

They also sent me an offer for a “guaranteed credit card”( as part of their rewards program). It’s called the Emblem card from bank of Missouri.