paying reduced amount to alliance one
Date: Thu, 10/21/2010 - 05:09
should we pay the collection agency the reduced amount of the debt owed to the credit card company, and will it help a credit score sooner than not paying it at all?They are offering a $3000 pay off on a $20,000 debt
If the collection agency is legit, make sure you get a settlemen
If the collection agency is legit, make sure you get a settlement letter stating it will settle this debt in FULL and hopefully it will say that it will notify the credit reporting agencies that the debt is paid in full. Then it will help your credit score.
