Asset Acceptance

the only way they will stop reporting it is if you get it in writing from them that they agree to do so in exchange for you paying it. Pay for delete's are not always easy though, because many CAs claim that they are not allowed to stop reporting it like that. In truth, the law doesnt require them to continue reporting it for the full 7.5 years--it only sets the limit that thats how long they can.

Whatever you do, GET IT IN WRITING that:

1--they will consider this debt paid and the matter closed.
2--(if you get them to agree)they will remove the entries about this debt from all of your credit reports.

CA's like asset are known for getting you to settle, then selling the debt to another CA down the road, who then tries to collect the remainder of the original balance. protect yourself.....

Wow. So they can report the account after I have disputed it with the credit bureaus and was deleted?

I do have a letter from them granting me the 50% "discount". I have written them letters stating I would pay the amount, but they would have to remove the record from the bureaus. Only response was a call (message stating to call them--i didn't) and then another "extension" of the 50% "discount". Are there any "catch phrases" that will compel them (or any collector) to take this under consideration?

When dealing with Asset Acceptance get everything in writing and signed by somebody in charge. They lie and don't honor any agreement.

Send them a DV letter, CMRR, and make them prove the debt before you do anything.