Paul, When negotiating with a Collection Agency, I sometimes ask for a Pay-for-delete letter. Most everyone tells me that they can’t do this as it is against the law….or the original creditor would have to accomplish this. From reading your columns, it give me encouragement to think that this is possible.
Is there a such a law, or are the Credit collection agencies incorrect? If I could quote them a UCC of law indicating otherwise, I would feel more comfortable to hold-out for such a letter. I can hold out as long as they can, but I would really like to inmpove my Credit scores. Any insight? I enjoy your blog and assortment of topics.
Rick
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Hello Rick,
It might help to find some violations first to soften them up to your position.
Read: Cindy’s Collection
Thanks for the questions and hope this helps.
Paul
