MrsW Posted October 22, 2007 Report Share Posted October 22, 2007 HiI have 2 collection accounts with Asset Acceptance LLC.The first is for an AT & T account opened in 10/05. Date of last payment 11/05. Amt $2098. Balance owing per credit report $2248. Balance owing per Asset letter of settlement offer $2241.02They have mailed me twice, 3 months apart, in writing an offer for 50% discount, so I can pay $1120.51 and they will in return give me "a zero balance on your AT & T account with us, a paid account letter, report appropriately to the CB's."The second is for a CitiBank/Zales Jewelers account opened in 12/03. Date of last payment 03/01. (that is what the credit report states?!) Balance owing per credit report $1229. Balance owing per Asset letter of settlement offer $1223.62they have mailed me twice, 3 months apart, in writing an offer for 70% discount, so I can pay $367.09 and they will in return give me "a zero balance on your Citibank/Zales account with us, a paid account letter, report appropriately to the CB's."Q1. Should i Dv them, or take advanatage of these offers?Q2. I thought that CA's cannot add interest? The first round of letters had lower balances, and in the recent letters the balances have gone up....All help is appreciated! Link to comment Share on other sites More sharing options...
EdwinRamos Posted October 22, 2007 Report Share Posted October 22, 2007 First off paying isn't going to help you out, what you want is an agreement of pay for delete..on that first account.As to the Zales account, I believe SOL has already been reached, according to this site, sol in florida is 5 years... http://www.fair-debt-collection.com/SOL-by-State.html#10I'm pretty sure other more experienced members here will chime in with more info. Link to comment Share on other sites More sharing options...
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