@Anonymous wrote:
It is still with WF, they haven't sold it off to a CA. Been with them for something like 5 years now so I don't see that happening but who knows. Seems to me like they charged it off and are out of the game. I still have my checking and savings with them so they may see that and want to keep me happy on that end, I am really not sure...
It's a lot owed, and I hate to say it but I am not really interested in paying them unless it would be a lump sum for a PFD. I can afford it, and would like it gone (or at least drastically improved) on my report. I thought perhaps a dispute might slip by during covid or maybe since it is so old. (just laying out my thinking and my options). Mistakes were made, admittedly, but it seems like this is now in a tough spot and there are no good options so I'm looking to see if anyone has been in a similar bind and whether they just waited it out or how they dealt with it.
What would you be disputing that you would hope would "slip by during covid"? If there is nothing legitimate to dispute, you likely wouldn't have success. I know you (and many others, myself included) have had some luck over the years disputing smaller collections and seeing them come off, but larger legitmate debts still with the OC aren't easy to just hope away, you need a gameplan.
If you aren't interested in paying it, then you have limited options. I have never seen Wells Fargo do a PFD, although I am sure there are examples.
My personal opinion, If you can afford it, the best bet would be settle it so the debt is in the rearview and then attack it with GW. Depending on your state, you could be approaching or past the SOL so you could always wait it out, but remember the debt doesn't just go away it ages off your credit report.
Starting FICO Score: October 2010: TU 498 | EQ: 502
Current FICO Scores:: May 2022: TU: 784 | EQ: 770 | EX: 790
Goal Scores: 700 across all three
