brandie2881 Posted August 4, 2007 Report Share Posted August 4, 2007 I have sent out plenty of PFD letters and not once have I gotten a responce. In my state the words " payment in full " written on a check is enforced. meaning that if someone cashes a check that has those words written on them they can not come after me for the difference later on.. My problem is that I want a PFD not just paid..My question is that what if I sent a PFD letter something like this. To Whom This May Concern:Enclosed is a check for $$$$ with a restrictive endorsement that constitues a payment in full. If you cash this check it will be understood that you agree to the follwing terms: Complete removal of all negative marks on all of my credit files resulting from or pertaining to the above refrenced account. You may not collect the difference at a later time, nor can you transfer or sell this account. Sincerly,Please dont critiqe this is just a rough example not an actual letter to be sent out..Would it hold up in court if they did cash the check but did not make the deletions??? I know that my state enforces the " pament in full " endorsement, so I know they can not come after me for the difference later.The letter does not require a signature only that they cash the check if they agree to the terms.. Link to comment Share on other sites More sharing options...
isislc Posted August 5, 2007 Report Share Posted August 5, 2007 I don't think so because as in any contract, you have the right to cross anything out and as long as you initial it, you're safe. What's to stop them from doing that to a check that is sitting in front of them? I may be wrong but in my state it is legal to cross off and initial and still be a valid contract. Link to comment Share on other sites More sharing options...
Nascar3 Posted August 5, 2007 Report Share Posted August 5, 2007 I have sent out plenty of PFD letters and not once have I gotten a responce. In my state the words " payment in full " written on a check is enforced. meaning that if someone cashes a check that has those words written on them they can not come after me for the difference later on.. My problem is that I want a PFD not just paid..My question is that what if I sent a PFD letter something like this. To Whom This May Concern:Enclosed is a check for $$$$ with a restrictive endorsement that constitues a payment in full. If you cash this check it will be understood that you agree to the follwing terms: Complete removal of all negative marks on all of my credit files resulting from or pertaining to the above refrenced account. You may not collect the difference at a later time, nor can you transfer or sell this account. Sincerly,Please dont critiqe this is just a rough example not an actual letter to be sent out..Would it hold up in court if they did cash the check but did not make the deletions??? I know that my state enforces the " pament in full " endorsement, so I know they can not come after me for the difference later.The letter does not require a signature only that they cash the check if they agree to the terms..I don't have an actual answer for the question, but my guess would be no, it wouldn't hold up. If something like that DID hold up then a lot of us would have an easier time getting negative things off of our credit and I'm sure someone would have figured that out by now. Link to comment Share on other sites More sharing options...
divemedic Posted August 5, 2007 Report Share Posted August 5, 2007 Reading this case here, I do not think it would hold up in court. Link to comment Share on other sites More sharing options...
brandie2881 Posted August 6, 2007 Author Report Share Posted August 6, 2007 Yea, it does seem to be too good to be true.. Guess I will just let them sit for awhile and PFD every so often until they decide to reply with a signature..I will not make any payments with out deletions, period!Guess they will just continue to ruin any chances I have for clean credit for awhile longer.. them sons of guns... Link to comment Share on other sites More sharing options...
Sputnikk23 Posted August 7, 2007 Report Share Posted August 7, 2007 I'm curious now too.. why wouldn't they at least counter propose him? Experts? Don't they want their money? Or a portion of it if they can? Does this happen often? I mean ignoring PFDs.. Or is it a holdout game? Link to comment Share on other sites More sharing options...
divemedic Posted August 7, 2007 Report Share Posted August 7, 2007 It happens often. I do not understand why. They would rather trash your credit than get paid. I do not understand that. Link to comment Share on other sites More sharing options...
saramorgan Posted August 7, 2007 Report Share Posted August 7, 2007 I wonder if you could add a statement to your credit report along the lines of "offered payment in full and creditor refused payment"? LOL Link to comment Share on other sites More sharing options...
elyse449 Posted August 7, 2007 Report Share Posted August 7, 2007 I'm curious now too.. why wouldn't they at least counter propose him? Experts? Don't they want their money? Or a portion of it if they can? Does this happen often? I mean ignoring PFDs.. Or is it a holdout game?These people couldn't give two turds about money...all they care about IS ruining people's credit. They have that "power" and they love it...so power first, money later. I have NEVER been offered a counter-offer w/ a PFD. The ONLY PFD I EVER got was on behalf of my dh w/ Applied Card bank and with them, I went through the OC. It's pathetic, but that's how things work for right now. It's a system that is set up to fail...both parties actually.Elyse Link to comment Share on other sites More sharing options...
elyse449 Posted August 7, 2007 Report Share Posted August 7, 2007 I wonder if you could add a statement to your credit report along the lines of "offered payment in full and creditor refused payment"? LOLThat's a great idea! I wish we could! I wish we could notate the existing baddies to give our side to the story...after all, it's a credit report about US.Elyse Link to comment Share on other sites More sharing options...
saramorgan Posted August 7, 2007 Report Share Posted August 7, 2007 I know you can add a personal statement on an account but from what I understand no one pays any attention to them Link to comment Share on other sites More sharing options...
elyse449 Posted August 7, 2007 Report Share Posted August 7, 2007 I know you can add a personal statement on an account but from what I understand no one pays any attention to them DARN IT! Oh well, I guess that figures since most of the checks are done electronically anyway.. Elyse Link to comment Share on other sites More sharing options...
brandie2881 Posted August 9, 2007 Author Report Share Posted August 9, 2007 very true... an you would think I would have thought of this before hand I guess I had another dumb blonde moment... lmao::Chasey:: Link to comment Share on other sites More sharing options...
myscoresawful Posted August 14, 2007 Report Share Posted August 14, 2007 I wonder if you could add a statement to your credit report along the lines of "offered payment in full and creditor refused payment"? LOLno, that's not a fair statement. A fair statement would be "offered payment in full with stipulations and creditor never replied" Link to comment Share on other sites More sharing options...
saramorgan Posted August 14, 2007 Report Share Posted August 14, 2007 I was really just kidding myscore........your example would be more appropriate however Link to comment Share on other sites More sharing options...
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