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Huckjote

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  1. You have a lot of options when dealing with collection agencies as well but there are somethings to remember: 1. The collection agency is only working for your creditor and will (at first) only accept what they want from you. For example, when your account is turned over to a CA, the creditor may ask to get 100% of the debt owed to them. At first, they may not negotiate with you but over time they may decide to accept less than 100% and can even remove it from your credit history all together. 2. You do have rights when dealing with collection agencies and do not have to put up with their tactics if you do not want to. Do not let them make you feel less of a person because of this. Financial problems come and go for everyone, now it's more about learning from your mistakes and trying to not let it happen again. Remember that collection agencies only make money when they get money from you, so of course they will want 100% but if you can not do that and you have evidence to prove that, then you have a lot of options. You will be able to meet your goals with the right information and help. Good luck!
  2. It is not bad to say that. Depending on your financial situation and account type it can work. It does not always work but if you send a letter stating, "If I send a LUMP SUM check payment of x," and put in a clause stating, "by cashing this check you will release all claims against me arising from this account and will submit notification to the CRAs" they may just cash your check. Then, if it is still on your CR, you have a legal document stating what stipulations surrounded cashing that check. This usually works best with collection agencies.
  3. It is frustrating to hear that you are being told this type of information. I am sure it set you into feelings of self doubt and wondering if you can ever overcome these problems. Makes me feel bad for all those people out there that do not have or do not know how to get access to relevant information that can help them. Good luck.
  4. Are you trying to validate that you actually made the payment on time or that you did indeed make a late payment? I am not sure what you are trying to accomplish.
  5. First of all, congrats on getting this far. Debt is a powerful force for good or bad depending on how you use it and it seems that you are doing the right things and have established a recent track record of good payments. I am not sure anyone can offer you any solid advice on what to do now without taking a closer look at your negative items and the people that say they can are more than likely not in tune with your actually situation. Most of the time, people can see significant raises in their credit score just from having their negative items reporting accurately on their credit report. For example, making sure negative items only show up once or making sure that your information surrounding them is correct. Depending on the situation, you may be able to get the negative information removed entirely. I would recommend trying to find more information on the laws that protect you in these circumstances and use them to your advantage. Most consumers have no idea how many rights they have. I wish you luck and feel free to contact me with any questions!
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