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Originally Posted by MissValerie2003  All of them are at collection companies. And I think I've made a mistake by calling all of them and asking if we could do some sort of settlement plan. So if I were to dispute them wasn't I being recorded?? I want to get rid of this! I could so try on my own I just need to understand a little more. |
Yea, you shouldn't be talking to them about settling if you're going to dispute the accounts. If you're going to work out a settlement plan with them, just negotiate removal of the accounts from your credit report once they're paid. Get the agreement in writing before you make another payment. This is extremely important. Because, lets say it takes you 2 years to pay...well, if they don't remove them after you pay, they will stay on for another 7 years. That will be at least 9 years total that your credit will be shot.
There is not actual way to erase the debt besides paying it. Disputing will only help get items removed from your credit report and it's much easier to have paid items removed then it is unpaid items.