Tough call :(
Date: Wed, 02/08/2012 - 14:21
Ok , so while being 18 (about 2006) I opened an account with Steinhafles for 1500$ after 6 months I had a late payment , and they jacked up my % to something ridiculous like 40 + and all of the sudden i owe 3300$. I called them to take care of it , but they were really difficult to work with , than I had to change job , my wife lost her job , so long story short it never got paid.
Now i got letter from "Asset Acceptance LLC" asking me to settle 4800 for just one time payment of 99$ . REally ? usually if it sounds to good to be true it is.
Also I thought this debt was about to drop off since SOL in WI is only 6 years , but when I pulled my credit report it showing this dept dropping off 2017 , how did they change it ?:confused:
Now i got letter from "Asset Acceptance LLC" asking me to settle 4800 for just one time payment of 99$ . REally ? usually if it sounds to good to be true it is.
Also I thought this debt was about to drop off since SOL in WI is only 6 years , but when I pulled my credit report it showing this dept dropping off 2017 , how did they change it ?:confused:
I think the settlement offer is quite good. You may accept the o
I think the settlement offer is quite good. You may accept the offer. But before making any payments, ask them to give you a written agreement. You may contact with the credit bureau and inform them about the changes.
BLANKSPACE...the poster already got a settlement offer letter in
BLANKSPACE...the poster already got a settlement offer letter in writing!!!!! Read the post!!!!
The the poster....you have the settlement offer...the decision is yours as to whether or not you pay it. When does the SOL run out?
I would request validation prior to paying anything. When was
I would request validation prior to paying anything.
When was your last payment made? SOL would be 6 years from that date.
It will stay on your credit report for 7 1/2 years from that same date.