A way to lower collections?
Date: Fri, 03/23/2007 - 06:00
Rnk, the first thing you need to do is remove your email in you
Rnk,
the first thing you need to do is remove your email in your post.I would have done it for you,but I don't moderate this section.
Ok, now I am gonna need some more info to decide a course of action.
1. Have you sent a letter to validate debt?
2. How old is debt and how long has it been in collections?
3. Who is collector?
I will check this topic later for replies.
Like Cajun said, talk with your creditors and insist them for a
Like Cajun said, talk with your creditors and insist them for a lower interest rate in your repayments. You will put yourself in a better position after you make a couple of payments on the accounts. Once they understand that you are willing to take care of your debts, you might make them work on your terms.
Not sure if this will help, but a few years ago, I was able to m
Not sure if this will help, but a few years ago, I was able to make arrangements with MBNA for zero % for a year as long as I made payments and none late. I was able to make some significant reduction. Perhaps if you are dealing still with Capitol One you can make an arrangement like that.
Jennifer, Sol on reporting is 7 years,180 days from date of fir
Jennifer,
Sol on reporting is 7 years,180 days from date of first delinquency for data in report that is verified as being correct. Bankruptcy stays for ten years. You can dispute incorrect info in your credit report. You may get your creditor to agree to report positive on report or delete account for payment.