What's best CR entry to negotiate for paying off a delinquent debt?

Discussion in 'Credit Talk' started by MAG, Jul 15, 2015.

  1. MAG

    MAG Member

    If your going to negotiate paying a delinquent debt what looks better on CR to get score up the fastest? I've heard paid as agreed is better than just "settled" etc.

    I have some misc medical that will likely be paid in full and others (DTV, etc) that may be less than full amount.

    What's the best way to make offer/document to make sure it gets updated per any agreement the debt collector may agree to.

    Thanks,

    MAG
     
  2. jam237

    jam237 Well-Known Member

    None of the above. ANY adverse notation has a similar weight; only deletion changes score. YOU may get some pluses with PAID if someone is doing a manual review of your credit file, but not score.
     
  3. JoshuaHeckathorn

    JoshuaHeckathorn Administrator

    Hey MAG, I'm curious if you decided to take the PFD route, and if so- how did it turn out for you? Were you able to get the delinquent accounts deleted, and did it help to improve your credit scores?

    I hope you'll come back and give us all an update on any progress you have made. Cheers!
     

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