"newbie Need Credit Help" Good Morning, Well I will start from the beginning I have a 2004 old collection account with southwestern bell which they have sold the account to â??MCM better known as MIDLAND CREDIT MANAGEMENTâ? I pulled my credit report and notice that midland was on there so I â??disputedâ? it with the credit report agency. Well I look online at my disputes and notice that it had been â??VERIFIEDâ? by â??MCMâ? so what I did next which I have been reading a lot here on the forums was to â??DVâ? them so I did and instead of receiving a answer to my â??DVâ? I have a letter from them looks something like a settlement offer. The letter states: â??Dear sir you wonâ??t want to miss this settlement opportunity offered to you by â??MCMâ? recognizing that you may have gone through some financial difficulty and have been unable to satisfy your account, we would like to offer you a positive flexible option to resolve your account for 40% off the balance. If we receive payment by 03-02-2008 in the amount of 560.33, we will consider the account balance paid in full! To take advantage of this offer please call toll free 800-282-2688. My question is what do I do next? And to add to this problem â??SOUTHWESTERN BELLâ? is still on my credit report for the same dept which they sold to â??MCMâ?
