in an effort to start clearing my credit report up, i sent out some settlement letters. 1 went to First Premier for a credit cards i had. I requested a pay to delete agreement but they came back and offered a "paid in full/chargeoff".... i really want to pay this debt but i also want it either removed completely from my report or at the least the charge off part removed....how can i make this happen???? this really feels like a dang on chess game and i need help with my next move....
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.