petr3772 Posted March 1, 2007 Report Share Posted March 1, 2007 I offer a AFNI a full price settlement for a collection if they agreed to remove it from my credit report. They said it was thier policy to not remove it even if I paid it. Any suggestions? Link to comment Share on other sites More sharing options...
the aussie Posted March 1, 2007 Report Share Posted March 1, 2007 I offer a AFNI a full price settlement for a collection if they agreed to remove it from my credit report. They said it was thier policy to not remove it even if I paid it. Any suggestions?Don't pay it..... Link to comment Share on other sites More sharing options...
TheRoadBack Posted March 1, 2007 Report Share Posted March 1, 2007 I offer a AFNI a full price settlement for a collection if they agreed to remove it from my credit report. They said it was thier policy to not remove it even if I paid it. Any suggestions?1st off how old is the collection? Is it medical or something else? If a ca isn't going to delete it, you are wasting your money and a paid collection is just as bad as an unpaid collection. Did you dv the ca? Link to comment Share on other sites More sharing options...
petr3772 Posted March 1, 2007 Author Report Share Posted March 1, 2007 thats what i told the CA i was going to do. they said good for me. but that doesn't get it off the credit report Link to comment Share on other sites More sharing options...
petr3772 Posted March 1, 2007 Author Report Share Posted March 1, 2007 the original creditor is nextel. i co signed for a friend who didn't pay up. its only a year old and i haven't tried to dv it yet but it's valid. Link to comment Share on other sites More sharing options...
thomassl Posted March 1, 2007 Report Share Posted March 1, 2007 Do they own the debt or does it still belong to the original creditor? If the original creditor still owns the debt, contact them for a "pay for delete." Remember never to send any money until you get something in writing that they will remove it from your credit reports. I had a similar collection agency tell me the same thing but I learned that they did not own the debt. I contacted the original creditor, they agreed to the "pay for delete" and sent me a letter stating this! I followed up with the credit bureaus to double check with my paperwork from them and it was deleted! Link to comment Share on other sites More sharing options...
lyle7289 Posted March 1, 2007 Report Share Posted March 1, 2007 thats what i told the CA i was going to do. they said good for me. but that doesn't get it off the credit report either does paying it..... Link to comment Share on other sites More sharing options...
divemedic Posted March 1, 2007 Report Share Posted March 1, 2007 the original creditor is nextel. i co signed for a friend who didn't pay up. its only a year old and i haven't tried to dv it yet but it's valid.It isn't valid unless they can PROVE it is valid. Link to comment Share on other sites More sharing options...
petr3772 Posted March 1, 2007 Author Report Share Posted March 1, 2007 the OC said since they wrote it off they could not do a pay for delete you would think that these people would want thier money more than they want to mess with someones credit. it just doesn't make sense. Link to comment Share on other sites More sharing options...
Methuss Posted March 1, 2007 Report Share Posted March 1, 2007 the OC said since they wrote it off they could not do a pay for delete you would think that these people would want thier money more than they want to mess with someones credit. it just doesn't make sense.Bull. Ask for a manager. Unless they sold the debt, they can recall it from any CA they assigned it to. Once recalled, the CA looses all reporting rights on it. Lastly, credit reporting is voluntary any furnisher can choose not to report or just agree not to respond to a dispute processed through the bureaus.Anyone who tells you they have to report anything tothe bureaus is lying. Link to comment Share on other sites More sharing options...
elyse449 Posted March 1, 2007 Report Share Posted March 1, 2007 I think I need some clarification...who is reporting negatively on your credit reports??If it's the collection agency, than it's them you want to work on.If it's the OC, than they need to be reporting the amount as -0- and "account tranferred/sold to another lender" and if they aren't, dispute it ASAP.In the end, only you can decide what's best for you. A paid collection hurts your credit just as much as an unpaid one...accept in the instance when you're buying a home. An aged paid collection isn't so bad. This debt is 1 yr old? It may be in your interest to pay it and be done with it...but again, only you can decide this. For me, it would depend on the amount and what not on whether or not I could stand to part w/ that money, lol. I offered a CA a pay for delete last year and they refused, so I didn't pay it...but than it was several hundred dollars. It's a 5 yr old debt, I just couldn't swallow the WHOLE crow, ya know?Elyse Link to comment Share on other sites More sharing options...
Crediwizard808 Posted March 2, 2007 Report Share Posted March 2, 2007 Well I think your looking at this the wrong way, the collector must show you that they have the lawful authority to collect any money from you, until they show you the agreement where you signed that allows them to collect any money, they are in violation of the FDCPA, read section 808-1 , DO NOT PAY ANYBODY A DIME unless they can prove they have that authority, show the signed contract where you consented for them to collect, no ticky, no shirty - Wiz Link to comment Share on other sites More sharing options...
divemedic Posted March 2, 2007 Report Share Posted March 2, 2007 A lot of people think that means the CA needs to produce a signed contract, but that is not true. Producing a copy of the bill from the OC pretty much shows they have the right to collect. Too many people think that they have to ask the CA to produce a paper trail that rivals a murder case, when the standard is actually much lower than that. Link to comment Share on other sites More sharing options...
dpgirl Posted March 2, 2007 Report Share Posted March 2, 2007 What about the person you co-signed for? Why are they not paying for this at all? This "friend" isn't so great a friend if they left you with their bill and don't seem to care if it hurts your credit. You could consider small claims in order to get that money from them and pay the CA or OC.It's not a pleasant thing to do but it is one option so that you aren't out the money. Link to comment Share on other sites More sharing options...
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