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Portfolio Recovery Associates won't agree to a pay for delete?


FloridaGator2
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Anyone else run into this? I agreed to settle with them on the account but won't settle unless they do a PFD. Customer service lady stated that their company will not do that and they will only update the account to show Paid in Full on the credit report. Should I just try calling again and see if I get someone different who will agree to a PFD?

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I had some luck sending a PFD letter to the CEO /president of the CA ....One CEO actually sent me a letter back and helped to "make arrangements" for a PFD at 25% of the debt. You have to google to find the CEO info (it usually takes me an hour to find this info on line).

Currently have two other letters sent to the CEOs of other CAs...waiting to see what will happen

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I had some luck sending a PFD letter to the CEO /president of the CA ....One CEO actually sent me a letter back and helped to "make arrangements" for a PFD at 25% of the debt. You have to google to find the CEO info (it usually takes me an hour to find this info on line).

Currently have two other letters sent to the CEOs of other CAs...waiting to see what will happen

Don't think that would work with Portfolio, they are a huge company. I need a middle manager to send the letter to.

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When you google the CEO info, you also get the names of the other managers.... they sometimes forward your letter to the proper person. It can't hurt to send several of these people PFD letters. I also mailed my first PFD letters to "Manager of Client Accounts"...had good luck with this.

It can't hurt and will only cost you a few bucks!...there's always a chance it may work.

On some older threads, some have emailed the higher-ups with PFD letters and had good results.

Good luck

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Hi don't do anything with them without having it in writing, be sure to make your pay for delete in writing and all communication should be done in writing.

If they don't budge than nor should you. I had some luck with PFD and it does work.

All of the suggestions you received are very well informed so I would contact the CEO if they claim they can't and won't because they can.

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the main point is that the average rep has no power to change your reporting. Obviously it is possible.

her is how you decide

if you are within SOL then they can get a judgment. this is the worst.

paid in full and paid in settle are worth about the same as negatives on your report

PFD is the best outcome.

So if you don't have to worry about being sued then you can just wait them out.

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