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  1. Hello and thank you for reading/trying to help, I'm in the process of looking for a home to buy and have been pre-approved for a mortgage. I was told that no matter what I have to take care of the open/active collection I have reported on my credit reports by Portfolio. The SOL is up and they cannot sue me for it, but the account is to stay on my credit reports for 2 more years. I tried disputing it with the credit agencies but had no luck. Portfolio actually sued me for a different account a year ago, which I challenged and won; I'm guessing that's why they let the SOL expire on this one a
  2. Received 2 letters for 2 different Chase accounts that are a year past Charge Off offering a settlement. Their exact verbage... "We want to work with you to resolve your deliquent account, so we'd like to offer you a settlement. Your current account balance is $3200, however we'll accept payment of $320 to settle the account and stop further collection activities. You'll save $2900. You can accept this offer until 4/1/17." The 2nd letter stated the same with the balance for that account and the respective offer of 10% of balance to settle. Does this mean they
  3. I went through this credit repair journey with success, mostly thanks to this board. I bought a home a year and a half ago! Last month, a new collection appeared on my credit report. My former landlord kept my deposit of $950, charged me another $1600 for damages, and sent me to collections. I didn't get notice of the debt, from either the landlord or the collection agency. The landlord may have sent me certified mail, but when I bought the home, I wasn't living there and never picked up the letter from the post office (my bad). So the landlord's charge
  4. Hi everyone, I did a search on the forums and was unable to find a scenario like mine. If there is one and I missed it, I apologize in advance for overlooking that. When it comes to my question, it originates from a medical debt collection started in 2011 that, as far as I know, came from me breaking my hand in 2010 and being of legal age. Although I signed all of the medical documents, my parents were going to pay the medical bill as I did not have income to pay for it because I was a full-time student. With that said, my parents accidentally stopped paying the debt (I believe it was bein
  5. Hello all, I had medications on May 2014 and it was supposed to be covered by workers compensation as sprained my ankle at work. I also had my personal health insurance on file. After receiving medications, i had to move out from the address (was in that address until August 2014 - not received a single bill or notification about anything). On April 24 2015, i ran a credit report check and found that there is a collection account for an $xxx amount which was initially reported in Feb 2015. So i called in the CA to get the break-up of the bill & they said the medical debt has been ass
  6. I have a debt in the $1400 range. I responded to the debt collectors original communication by sending a letter for debt validation. By the way, the SOL has not passed as this debt is only about 3 years old. In response to my letter, an attorneys office responded that represents the collection agency, validating the debt. They have not threatened to sue yet, and as of this point we have not communicated any more. In response I have prepared a variation of the pay for delete letter to the collection agency and attorneys office. The version to the CA: Dear Collection Manager: This letter is in r
  7. Hello, I am in need of some serious help. I have never checked my credit report in my entire life until two days ago when a collection agency called me and informed me that i had student loans in my name. *this is sadly a case of family fraud but i did attend school so I'm dealing with that, it only prompted me to check my credit report to see what else may have happened. I did credit karma (transition) and to be safe got the experian report as well. I am going through all this information still as it has been pretty overwhelming but have noticed a few pretty serious concerns already.
  8. I have been reading that if it comes to the point where I have to settle with the collections agencies I should negotiate a pay for delete, rather that paid in full or some other jargon like that. However, I have been researching and Ive heard from some others say that it's technically illegal and a lot of them wont agree to this. Is this true? Because one source says go for it and another says it doesnt work and its better off to just let the debt sit on your report because merely settling the debt won't do anything beneficial for your credit score. I'm new to all this so thanks for all y
  9. I have 3 accounts that have gone to "Charge-off" and say "Closed". I have a Bank of America card that now is in collections with North Star Location Services according to Bank of America but only Bank of America shows on my credit report. I have a Capital One card that is now with Oliphant according to Capital One but Oliphant is not showing on my credit report, just Capital One. Capital One will not accept any money from me since I'm assuming they sold the account but Oliphant has NEVER contacted me about this account. I even sent Oliphant a letter but I have yet to receive a response. I
  10. Hello all!! I'm a first time user, so I'd first like to say thank you in advance for any help any of you can provide me with!! I have recently pulled my credit report for the first time and have found 5 collection accounts that are all attributed to medical bills, The highest one is $322 and the lowest is $25, there were a lot of bills coming in at that time, and I think these ones just got lost in the shuffle. I have the financial ability to pay them all in full so I thought the Pay for Delete option would be best for me. One of my main questions is, 3 of the collections listed are with
  11. Hi everyone, and happy Wednesday to you all. Well, after burying my head in the sand for so long, I'm finally taking steps to try to address some old charged-off accounts currently in collection (none are past SOL, btw). Since it's been several months since the CAs for these first sent me correspondence, so I've obviously missed the window for DV (live and learn). All of the negative tradelines on my CR are OC entries, which I'm assuming means that the CAs are either assigned or else haven't reported. My plan for addressing things is to try to arrange a pay-for-delete on these accounts o
  12. My wife owes $10 for medical collections from July 2011. I found this page: It indicates that I should under no circumstances make a payment without getting written confirmation that the collections agency will do a Pay for Delete. I called the collections agency, and the woman handling our case stated that they don't do that, that they don't send paperwork and they don't sign paperwork submitted to them. On the one hand, it is only $10, and I don't see any reason that they wouldn't just remove that negative on the credit report. No
  13. I received a letter from Convergent Solutions regarding and alleged debt. This is apparently an alleged charge off from Sprint that they claim to own. The present balance is under $400.00. this will be past the SOL date by the end of this year. Based on the balance it appears that the chance of litigation would be minimal ( my personal assumption) As I am trying to work on the negative reportings on my credit report I thought it would be worth the shot to call Convergent and see if they would be willing to pay for delete on this alleged account. I explained to the customer service rep. that
  14. Good afternoon helpful forum folks. It seems everyone situation is a little different and i have had a lot of general advice, sometimes conflicting with others. I hope to receive some specific information to help me, by posting my situation. credit as of april 6 Equifax 535 transunion 536 experian 649 open 2 month of pos history car loan 40 month pos history bofa card 21 month pos history bofa card 14 month pos history cap one collection cavalry portfolio collection customer disp acct BOFA last reported 3/13$16,501 CFS 2 inc collection customer disp acct US BANK last repo
  15. So I sent a DV to CAC in response to the dunning letter I received. Have not received a response, but did some background research in the meantime on my CR and found one of my small store credit cards was charged off and sold to a 3rd party (I'd assume CAC but waiting on the DV response). Issue is the amount CAC gave me is over double what the CC company charged the card off for (e.g. they say balance is almost $1300; card was charged off for a little over $650). If they properly respond to the DV and I offer to pay for delete, can/should I negotiate for about 30-50% of the charge off amoun
  16. I am confused on one of my unpaid bill(not it is in collection), and I want to know is that my liability to pay for it? and what should I do next in this case? Here is my case: 1. My parents' family health plan dropped me out at my birthday 2010, but the insurance company never let me know it was birthday and we all assumed it will expires at Dec 31. When I visit the dentist at Nov 2010, he persuade me to use the rest of balance for a service and print out the estimation which shows my insurance will expire at 12/31. A few weeks later after accept the service at Dec., insurance company in
  17. Question: You want to "Pay For Delete"... If you come to an agreement with the collection agency and you're able to pay off the account in question and they take off the "Collections" entry from the Credit Bureau, because of the agreement you came up with with the collection agency, will you're original creditor still show on the credit file as owing and/or charged-off?... I mean where is the benefit of paying off the agency if your original creditor still shows negative? Or will the collection agency call the original creditor and say "we got the money! or we came to an agreement with the pay
  18. There are a lot of post around the web offering suggestions and situations for making offers to OCs for a settlement for reporting deletions. How often do people succeed? And how? I've done a little groundwork myself already and just started working with Lexington Law. They've gotten a few things removed already (in less than a month) that have supposedly been 'validated' during other dispute attempts. However, I have a few accounts that I'm fairly confident WON'T go away so easily tho and have been researching what I should do for the next step since Lex only uses the dispute/validate a
  19. Sent a Pay for Delete letter to Progressive Management Systems for a medical bill that was never payed. Followed a sample letter from this forum. Received response saying that they "confirm agreement to accept $$ as full and final payment" But it also says, "as agreed, debt is valid" and that they will delete from credit report upon receipt of payment". but letter has no signature, only representative name. Is this letter still valid without a signature even though it's on CA letterhead? And I never agreed that debt was valid even though it was validated through CR agencies.
  20. I just found out yesterday that a collections agency has reported to my credit report because of which my credit score dropped 98 points. The collections was for my cable bill which I always was under the impression that I had paid it off. The amount is for a mere $64. My question is if I chose to opt for the "Pay for delete" method and get the collections to remove the remark from my credit report, will my score go back up by 98 points?? This collection agency reported it to the credit bureaus in the last 2-3 weeks. So its very recent. Please help me with any knowledge you have and guide to w
  21. I have 3 accounts in Collection from some medical issues I had while unemployed. 2 are with EOS/CCA for a total of $600. The other one is with Wakefield & Assoc., and started at $832, and is now $1053. I have several questions: 1. Can Wakefield continue to charge me interest? 2. If I do Pay For Deletes, and I don't want to pay the whole amount, (they've been out there for over 3 years) What's a good starting point to negotiate? I know that debt buyers buy the debt at pennies on the dollar, so if I offered them 25% for a pay for delete, is that too low, a good start, a joke? 3. Do I
  22. Hi all, this if my first post, but I'd like to thank everyone for the vast amount of information provided here. I've referenced this site many many times as I work towards credit repair. That said, please accept my apology if I'm posting in the wrong area or wasn't able to find the answers I'm looking for. First, sadly I'm sitting with a 580 credit score. It's embarrassing. I had my car repo'd in 2010, then charged off with a month to go. I managed to pay it off and get my title, but that's sitting on my report. Doubt there's much I can do about that. However, in March my gf cosigned a
  23. Hi everyone! I'm new to the site but have been a long time reader and decided to join! I've searched long and hard to find a topic related to mine but can't seem to pull any up, So my problem is this- I have a collections acct from 2009 for a student loan from a community college, I have made one payment recently in early Febuary 2012. It was so I can get my insurance agent's license and it had to show I made at least a payment. So the debt I have in question here is in lieu of 1279.00, Very small amount I know...But I haven't had such steady employment and moved often. So I would like to see
  24. My two credit card accounts have been delinquent for over a year. I'm now receiving letters from a 3rd CA. However, no collections are showing on my credit report. Should I still ask for debt validation? Instead of asking for "pay for delete," do I ask them to not report anything negative in the future? If I settle with the CA's, how do I get the OC to report as paid in full?
  25. Hi While i looking for their first ever letter from a CA, i came across their very first communication to me regarding an old Debt. It was a Utility Company to whom i owed $94.50. The OC first used PRA to collect on this debt, I send them a DV, that CA never responded upon recieving my DV letter, so the OC now moves over to another CA. This new CA Pro-Collect i do not recall if i had DV'd them CMRRR or not. Pro-Collect is showing up on my Tradeline & i want to know they have never ever sent me a Validation for that Account with OC. Their info on Equifax as follows Collection Reported 09/20