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Old 01-20-2009, 04:01 PM
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Join Date: Sep 2008
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Acc-Risk is on a distinguished road
Default Paying off the last few items... How will they report?

I have three small accounts that I'm in the position to pay off now. I plan on using the form letter (pay for delete) first but my question is this...

An account is acquired thru company A. It is being collected by company B. If I reach an agreement and pay off company B how would both accounts look? What happens to company A?

What if all goes wrong and I just reach an agreement with company B and pay it off and that one shows as resolved, will company A go away or will it show the same?

Soooo confusing...
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Old 01-20-2009, 04:07 PM
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Join Date: Mar 2008
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Trish will become famous soon enough
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Company A will continue to report it the same way. (probably transferred/sold/charge off, etc.)
You will have to dispute it separately and/or communicate with them.

If company B doesn't agree to delete.......then don't pay them. (unless it is within SOL and they can sue you) A debt/collection acct showing paid is no better than unpaid. It will not improve your score AT ALL.
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