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HomeCredit ForumCredit repair

How long should you wait to follow up on PFD offers?

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CMBV22

CMBV22

Joined: 08 May 2008
CMBV22's page
Posts: 378



4034 Magic Points
Subject: How long should you wait to follow up on PFD offers?
 
 Posted on Sun May 11, 2008 6:32 am  
I sent out some pay for delete offers around April 10th or 11th. Some companys have accepted and been paid while a couple never replied. How long should I wait to respond and what should I send? Should I resend a DV letter or the PFD offer too? I dont want to seem desprate. Rolling Eyes
 
carol

carol

Joined: 27 Jun 2006
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Posts: 375



10293 Magic Points
 
 Posted on Mon May 12, 2008 7:31 am  
Hi CMBV22

I think you should first resend a debt validation letter requesting the CA to provide validation of your debt. Once they reply to your request you can put forward the Pay for deletion offer after coming up with an agreement with your CA that you will pay the debt in full or a percentage of it. But make sure you always get it in writing else you would have no legal ground to stand on.
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anthony

anthony

Joined: 31 Jul 2006
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Posts: 493



12319 Magic Points
 
 Posted on Mon May 12, 2008 7:54 am  
Hi CMBV22
If the CA does not respond to your debt validation request, you can always complain against the CA to the FTC ( http://www.ftc.gov/ ) for violation of the FDCPA and fair credit reporting Act.
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Anthony Marx

A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible.
You can also visit my blog
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Guest







 
 Posted on Mon May 12, 2008 8:17 pm  
Basically, I sent out the first DV letters in March and got little to no responce. The companys that did send some kind of validation sent me really poor information that wasnt worth the paper it was printed on. I then sent out a second DV letter in April with a PFD offer to each company. All of my communication with the CRAs is Via certififed mail. NOw that the PFD offers have been out about 30 days now. I am trying to figure my next steps. I did dispute most of the listsng with the 3 credit bureaus. I guess I could start the method of verification process but, my main goal is to get all of the listsing removed from my credit.... Any advice? Confused
 
CMBV22

CMBV22

Joined: 08 May 2008
CMBV22's page
Posts: 378



4034 Magic Points
 
 Posted on Mon May 12, 2008 8:17 pm  
Yeah, Once again I typed in my answer w/o logging in.....

Basically, I sent out the first DV letters in March and got little to no responce. The companys that did send some kind of validation sent me really poor information that wasnt worth the paper it was printed on. I then sent out a second DV letter in April with a PFD offer to each company. All of my communication with the CRAs is Via certififed mail. NOw that the PFD offers have been out about 30 days now. I am trying to figure my next steps. I did dispute most of the listsng with the 3 credit bureaus. I guess I could start the method of verification process but, my main goal is to get all of the listsing removed from my credit. Any advice? Confused
 
scott

scott

Joined: 28 Jun 2006
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Posts: 182



4917 Magic Points
 
 Posted on Tue May 13, 2008 1:16 pm  
Hi CMBV22

You can ask the credit bureaus to give a complete credit report mentioning them the listings which you do not agree with. You can always sue the CRAs in the state or federal court for violations of the FCRA and if you do win, the defendant is liable to pay you for all damages and will reimburse you with the attorney fees as per the court order.
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SCOTT

Social security, bank account, and credit card numbers aren't just data. In the wrong hands they can wipe out someone's life savings, wreck their credit and cause financial ruin.
 
sdchargers_63

sdchargers_63

Joined: 13 Aug 2007
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Posts: 891



2654 Magic Points
Subject: credit
 
 Posted on Thu May 22, 2008 3:11 am  
When you send DV letters to CA's, should you ALSO send a copy to the CB's?
 
CMBV22

CMBV22

Joined: 08 May 2008
CMBV22's page
Posts: 378



4034 Magic Points
 
 Posted on Thu May 22, 2008 8:15 am  
I dont think it would do much good to send the Dv letters to the CB since they are not obligated to vailidate anything until you dispute a listing with them and they verify it. Then you can start method of verification.


As far as my situation goes I am going to draft a method of verification letter and send it to the 3 CBs in the next week. Depending on how that goes I'll send the CA some inent to sue letters.
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