JUNUM or LEX please advise

Discussion in 'Credit Talk' started by CYA, May 4, 2001.

  1. CYA

    CYA Well-Known Member

    I have seen many of you guys post positive info on Junum and Lex. I am interested in the effectiveness of these two (for Lex-eClient option) in the following:

    1. Charge offs-charged off 4 years ago
    2. Small amounts in Collections, 4 years ago, still reporting.

    I would like to negotiate with Collection Companies (Large amounts) for deletions. However, should I do this now, I will not be able to negotiate with the original creditor for a deletion, only a dispute... Also, I know the small amount in collections are difficult in deleting because they have little to gain but a few hundred dollars.

    I was puting together a negotiating plan, when I discovered that a few friends of mine had paid IN FULL old charge offs and collections, only to find the notorious paid charge off or paid collection and a re-aged account; consequently their credit suffered.

    I would appreciate any info/experiences/knowledge in this matter.



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