Re: what to do?

Posted by sam (64.203.129.94) on March 01, 2004 at 13:05:58:

In Reply to: what to do? posted by wentwrong on March 01, 2004 at 09:34:43:

Midland Credit Management is a 2 cent on the dollar debt buyer. If they claim you owe $1000, then they paid $20 for that account.

If you absolutely need the tradeline off your credit report, you should try the dispute process before you succumb to paying them “hush” money. That is the method most debt buyers pursue. They buy accounts for a couple pennies on the dollar and wait for people who need mortgages to come to them to pay the extortion/hush money to get the tradeline removed.

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