I posted earlier about the CA rejecting my settlement offer & lying to me on the phone. I wrote a second letter, and I think it might be a tad over the top. Is this too threatening...should I change anything before I send it? Stupid Collection Agency Address Address August 23, 2002 RE: account # XXXXXXXXXXXXX To Whom it May Concern: This is my last attempt to resolve the outstanding balance on my account. I stated in a previous letter that I would pay half the original balance ($XXXX) in full, as long as you remove all negative notations associated with this account. After my conversation with one of your representatives on the telephone today, I am led to believe that your agency lacks competence in understanding the Fair Credit Reporting Act/ Fair Debt Collection Practices Act. Not only was the blatant lying by the representative an insult of my intelligence, it was a violation of the FCRA. The â??settlement termsâ? you are offering me are unacceptable. It would be more favorable for me to file bankruptcy than to pay you and still have derogatory information in my credit file. I have enclosed a copy of my original letter stating my terms for settlement of this account. If your agency wishes to ignore my terms, I will be inclined to take action against you for violation of the FCRA, as well as file a complaint with the Better Business Bureau. I am also requesting that you cease all communication with me, with the exception of a written notice that you have accepted my settlement terms. Sincerely, Pissed Off Velouria Any thoughts???
Lol, thanks...I am sending it tomorrow. I hope those idiots learn their lesson...DON'T F*#% WITH A CREDIT NETTER!
I'd be careful about terms like "last attempt" and no more communication unless it is to accept the offer. They may well counter with a lawsuit. One other thing to consider. In a strict sense, the rep really didn't lie. I'm sure the CA has the standard agreement with the CRA's that they will not delete for payment. Your request is asking them to breach a contract. The letter just doesn't seem to leave you or the CA much manuvering room. I think I'd sleep on it for a few days. In an earlier post you mentioned contacting the OC. That may be a better possibility.
