Re: Should I pay

Posted by Mari on September 01, 2001 at 22:15:42:

In Reply to: Should I pay posted by Chris on September 01, 2001 at 21:29:57:

Most definately pay it.It's such a little fee that can be on your report for a long time.And if it is already in collections the next stop is the credit report.Send them a letter along the lines of...
RE: Confirmation letter.
Dear blah, blah Collections
I would like to confirm our telephone conversation on April 17th 2001 at 2pm with (name of person spoken to at company) as to the settlement of above stated account.
As discussed, I will pay your company the amount of $ as payment in full for the settlement of this account. Upon receipt of the above payment, your company has agreed to change the entry on my credit file to "never late, always on time" In addition; any negative credit information concerning my account, such as "past due" or "charge off" should be deleted from my report.
If you agree to these stated terms and conditions please acknowledge with your signature and return a copy to me.
Upon receipt of this signed acknowledgment, I will immediately mail you funds in the amount stated above.
Name of company
Signature of company officer
Date
Printed name of company officer
Sincerely,
Name
Address
Social security number
*********************************
Just my advice..
Mari

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