****If you have settled with the other company for $160.00, from 500.00, why would you expect to get more than what we are offering? All we are asking for is the amount we placed in your account, why do you think that you should not pay it? We are trying to help you, when there is no requirement that we do, then you trash us on various forums?***The account will go to collections for the full amount if you refuse to work with the generous settlement we are offering***** Ms. *****, We are in receipt of your letter dated 05/09/06.

I have another question. It seems like i'm running into a lot of crazy collection agencies that love to lie. This pass weekend I received a call from a Derek at Sprint (that's what he told me)and he told me that i had a past due amt. 310.00. I agreed that i will pay 20.00 a amt. until I'm able to pay a higher amt. I gave him my bank account no.(I know this is bad)and have him to take 20.00 plus $5.00 chrg from the bank, and told me this SHOULD NOT be on your credit report since you are paying this off.

Hi, I want to thank everyone here for their advice, help and kind words. I signed on with T & C last week. I froze my account to debits and contacted all 5 of my payday loans. None of them were in default, so I thought I might have a hard time dealing with the companies, but...they have all accepted T & C proposals. I can't believe I will get my paycheck and not have debits from those companies! I am so excited to pay my bills and not juggle payday loans! I am going to stay on this forum because for the first time in 2 years I did not feel like a complete failure and screw up.

any advice from all the wise people here? Ms. *****, We are in receipt of your letter dated 05/09/06. Your account WILL NOT be considered paid in full. All the terms and conditions of this loan were met by us. You accepted a deposit of $300.00 into your own bank account for your own personal use, at your request. You agreed to the terms when accepting the money. Since you were a repeat customer, we know you were well aware of these terms.

Can they legally do this? As a "customer" dont I have a right to be able to contact them? 500fastcash is a piece of work and now they have suceeded in pissing me off. I'm on a mission now.

Can you tell me for credit repair and FICO score purposes if it is better to have a PAID IN FULL - SETTLED FOR LESS on my credit report OR PAID IN FULL- AFTER CHARGE OFF would be preferred? I am trying to determine which way to pay off a credit card that was previously charged off from before and now I want to clear this from my report. The collection company is telling me they will not remove the Charge off status of my report, is that true?

If I consolitdate my credit will it leave a bad mark on my credit history?

OK I went to an attorney about a problem with an CC collections account that has a summons for me to go to court. He said first write a letter to validate the amount and give me more time(needs to be turned in 10 days). He said either way we to court and they will win and put a lien on my house etc. (debt is $5,300), I asked about BK and he said they would go after my business and house? And that my husband should file BK with me even though his credit isn't really that bad,it will just help with amount for BK. PROBLEM we have NO MONEY.not even to file BK.

It has occurred to me that we may be asking the wrong question. I was talking to a utility company about a confusing charge that they sent to collections that I did not know about (she said it was billed separately...same envelope) and I continued to pay only the gas bill and not the connection fee so they took it off and send it to collections. The collections company said they sent only one letter over a year ago because the amount is so small ($22). They said they had called about once a month but kept geting a fax signal.

I received my credit report and was amazed that my score was terribly low! A new item showed on the report from an account I set up for my father-in-law to have internet service. My debit card expired and they said they tried to get ahold of me, but I live at a different address (Germany) than my FIL so I never received word. Anyways, they still tried to charge my card for 6 months and never received the funds, and now they cancelled the service in (Feb 2005) and I have a collection on my credit report from them.