andbowd Posted January 7, 2008 Report Share Posted January 7, 2008 I have my first ca account. I owe 11,000. On this credit card, the amount does not show on my credit report. When I contacted the ca their first offer to settle was $6,000. I do not have this amount, this was last week.I found this site over the weekend an feel so much better for all this useful information. My question should I try to settle with this collection or wait them out. This credit card does not appear on my credit report. I was afraid of these collectors an did not know how to handle them. I sure do know now. Link to comment Share on other sites More sharing options...
jetscarbie Posted January 7, 2008 Report Share Posted January 7, 2008 Welcome!First off...don't call any CA. They lie.Who was the OC? Link to comment Share on other sites More sharing options...
andbowd Posted January 7, 2008 Author Report Share Posted January 7, 2008 ATT/ciTi credit card, original creditor. AB Link to comment Share on other sites More sharing options...
jetscarbie Posted January 7, 2008 Report Share Posted January 7, 2008 This is just my 2cents. Maybe others have some different advice.I wouldn't do anything. They are not reporting on your credit report...YET. Keep checking your CR....after you called I am pretty sure that bought attention to your account. I would make sure that as soon as you get any kind of bill in from the debt collector......YOU DV them right away.If you want to settle this account....call Citi/ATT directly and talk to them. Make sure you are talking to the original creditor. Link to comment Share on other sites More sharing options...
andbowd Posted January 7, 2008 Author Report Share Posted January 7, 2008 I have 2 debt collector on this account should I DV both of them? AB Link to comment Share on other sites More sharing options...
jetscarbie Posted January 7, 2008 Report Share Posted January 7, 2008 YesWho are they? Link to comment Share on other sites More sharing options...
hasas13 Posted January 7, 2008 Report Share Posted January 7, 2008 I sounds like good advise. Link to comment Share on other sites More sharing options...
andbowd Posted January 7, 2008 Author Report Share Posted January 7, 2008 YesWho are they?United Collection Bureau, INC., Toledo, OH, & Credit Car Services, St. Charles, MO. Thanks, AB Link to comment Share on other sites More sharing options...
kevin3344 Posted January 7, 2008 Report Share Posted January 7, 2008 Yes DV CMRRR. How old is the debt? Link to comment Share on other sites More sharing options...
andbowd Posted January 7, 2008 Author Report Share Posted January 7, 2008 Yes DV CMRRR. How old is the debt?6 months since last payment. Never on report with any CB. Credit Card Services, St. Charles, MO has talked to me, I did not know then not to talk to them. they offered to settle for $5,700. Thanks,AB Link to comment Share on other sites More sharing options...
andbowd Posted January 7, 2008 Author Report Share Posted January 7, 2008 What is CMRRR?thanks,AB Link to comment Share on other sites More sharing options...
jetscarbie Posted January 7, 2008 Report Share Posted January 7, 2008 Certified Mail Return Reciept Requested.So this is a new bill for a high amount. It will probably be added to your credit report soon. Link to comment Share on other sites More sharing options...
andbowd Posted January 7, 2008 Author Report Share Posted January 7, 2008 Old bill $11,000 cannot pay. Link to comment Share on other sites More sharing options...
jetscarbie Posted January 7, 2008 Report Share Posted January 7, 2008 By saying new, I mean....you made a payment on this account 6-months ago. That makes it a recent bill. So you can't use SOL.For that much money....I would suspect they might try and sue you. Link to comment Share on other sites More sharing options...
andbowd Posted January 7, 2008 Author Report Share Posted January 7, 2008 thanksAB Link to comment Share on other sites More sharing options...
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