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The OC still has the account and is reporting every month to the 3 credit bureaus. OC has hired a CA to collect, CA is not reporting.
Now, CA sent me a letter for 30% settlement. Very good offer but I will also like to negotiate my credit status. What's the best way to do this? I wiant to ask for the removal of the negative tradeline and the change of status to "Closed account - Paid as agreed". WIll it be to much?
I will be willing to pay a little more (maybe 50%) than the 30% settlement offer in order to fix my credit status. Should I include that in a counteroffer?
They know that I am unemployed at this moment.
Thanks in advance for your advice!
I think you need to negotiate with them to make the correction to your credit report and make sure to ask them to set eh accoutnas paid as agreed. It may be difficult, but just do not say that you are willing to ay 50% or they may ask you to oay 50% with out agreeing for the other stuff
That needs to come fromthem rahter than you
Hi Luv,
First, you need to pull your credit report and find out whether the OC is dealing with the account or has it been sold off to a CA. Whoever is handling it, send a debt settlement agreement to them as you said that, the 30% offer is acceptable.
Followed by this, you need to send a pay for delete letter asking the creditor/agency to remove the negative listing from the credit report. However, do not mention that you are willing to pay 50%, otherwise you will be an easy prey for the company. If they agree with 30%, then it will be better for you since you are presently unemployed.