I have 3 accounts - Capital One, Sterling and Providian (Providian is closed Charge off, the other two read as open but deliquent 4 X 90 days from 3 years ago). I would like to settle the debts HOWEVER I was told that I should try to settle first and after coming to an agreement on the money AND paying then try to get them to remove it. Is this correct? I was always under the impression that you have to try to negotiate something AT THE SAME TIME as arranging to pay so that you know what your Credit Bureau Report will read after paying the debt. I also thought that you are supposed to get the lender to sign some document before paying! Any and all feedback would be of great help. Also, can anyone recommend an agency that will negotiate and take care of all the letters etc.? Has anyone done this themselves?
RE: Need Help! Pay First or Absolutely negotiate the deletion as part of the settlement. Otherwise, you have no leverage to get them to delete it.
