ExpertLaw Forum - Help With Your Legal Questions
Register FAQ Members List Social Groups Search Today's Posts Mark Forums Read Bookmark and Share
Credit Card Debt Collection issues with overdue or defaulted credit card debt.

Reply
 
Thread Tools Display Modes
  #1  
Old 10-22-2008, 12:31 PM
j30345 j30345 is offline
Junior Member
  
Join Date: Oct 2008
Posts: 3
Default Pay to Delete Letter
My question involves collection proceedings in the State of: Georgia

So I have some negatives on my credit report that I'm willing to pay in full for a deletion. I'm hesitant to do so because I don't know if I'm heading towards the right direction about this. Do you guys recommend me to proceed or is there a better alternative in doing this.

These are the companies that I'm try
United Recovery Service
NCO FIN/27
RJM ACQ LLC
Reply With Quote
  #2  
Old 10-22-2008, 02:42 PM
OhMy OhMy is offline
Senior Member
  
Join Date: Apr 2008
Location: Texas (Dallas area)
Posts: 1,408
Default Re: Pay to Delete Letter
Quoting j30345
View Post
My question involves collection proceedings in the State of: Georgia

So I have some negatives on my credit report that I'm willing to pay in full for a deletion. I'm hesitant to do so because I don't know if I'm heading towards the right direction about this. Do you guys recommend me to proceed or is there a better alternative in doing this.

These are the companies that I'm try
United Recovery Service
NCO FIN/27
RJM ACQ LLC

If you pay them in full they will show PAID and NOT deleted. Your FICO scores will NOT increase if you pay them off.

The credit bureaus will NOT remove accurate information from your reports.

The only way I can see you doing this is if you contact the collection agency before you pay them anything.

Get a letter from them saying that they will DELETE the items off of your credit report if you pay them in full BEFORE you send them a dime.

I hope this works for you. Good luck
__________________
My posts are not intended to offend anyone. I am sorry if they have.

When it comes to your FICO scores you are dinged if you do and dinged if you dont
Reply With Quote
  #3  
Old 10-22-2008, 03:55 PM
j30345 j30345 is offline
Junior Member
  
Join Date: Oct 2008
Posts: 3
Default Re: Pay to Delete Letter
What are the chances of them removing it? It seems like it's very slim but why is it that I see so many successful stories with similar instances as mine. Am I missing something here??
Reply With Quote
  #4  
Old 10-22-2008, 04:44 PM
OhMy OhMy is offline
Senior Member
  
Join Date: Apr 2008
Location: Texas (Dallas area)
Posts: 1,408
Default Re: Pay to Delete Letter
Quoting j30345
View Post
What are the chances of them removing it? It seems like it's very slim but why is it that I see so many successful stories with similar instances as mine. Am I missing something here??

Your chances are 1% to 2% for them to remove it. However, your chances are NOT zero. You never know unless you try.
__________________
My posts are not intended to offend anyone. I am sorry if they have.

When it comes to your FICO scores you are dinged if you do and dinged if you dont
Reply With Quote
  #5  
Old 10-24-2008, 02:14 PM
divemedic divemedic is offline
Senior Member
  
Join Date: Jul 2008
Posts: 855
Default Re: Pay to Delete Letter
Did you try to request validation from them first?
Reply With Quote
  #6  
Old 10-27-2008, 04:00 PM
j30345 j30345 is offline
Junior Member
  
Join Date: Oct 2008
Posts: 3
Default Re: Pay to Delete Letter
Quoting divemedic
View Post
Did you try to request validation from them first?
No I did not. Whats the point if it's accurate? It's there a way to go around it or something?
Reply With Quote
Sponsored Links
Reply

« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Sponsor

Similar Threads
Thread Forum Last Post
Must a Collection Agency Honor a Pay for Delete Agreement? Debt Collections 08-29-2008 07:03 AM
Pay for Delete - What Do I Need in Writing? Debt Collections 07-30-2008 02:51 PM
Getting A Pay For Delete Agreement Debt Collections 06-29-2007 05:35 AM
How do you delete your user name? Banter 04-29-2007 06:02 AM



All times are GMT -7. The time now is 05:43 AM.

Information provided in the forum is not intended to substitute for professional advice, including but not limited to professional legal advice. If you submit a question or comment it is assumed that you are interested in soliciting, receiving or giving general information and not legal advice. Laws vary by state, and the laws described in this forum may be different in your state or may have been changed since the information was posted. The legal help offered in this forum comes from volunteers who may not have any formal legal training or knowledge, and all information should be confirmed with a qualified legal professional. All information is made available on an "as is" basis. You should accept legal advice only from a licensed legal professional with whom you have an attorney-client relationship. Use of this forum is subject to the ExpertLaw terms of use.
Contact Us - ExpertLaw - Archive - Law Articles - About ExpertLaw - Terms of Use - Site Map - Privacy Statement - Top

Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Copyright © 2004 - 2008 ExpertLaw.com, All Rights Reserved