PFD CA or late pays first?

[Yogurt]

I have some items that went late but they were saved before Charge off status. I'm still paying on them but... if I can negotiate for the lates to be removed I'd be happy to pay some of them off in full.
I am under the impression this is the best way to go as I am continuing to make on time payments but the balance is getting smaller so my negotiation leverage is going away too. However I have heard that late pays only damage your credit for 24 months and I'm about 8 months into that.

However I do have items that did not get saved and now I have charge off on the OC and a CA after me. The 1-2 punch did not work and I am running out of options besides pay for delete.
Can I negotiate a delete of both the OC and CA items? Nobody has seemed to touch on that. I bet I would be negotiating with the OC but if I can do that thenmaybe I'd be better off putting my money toward PFD for those. However, the item is already on my credit and its not going to go anywhere for a long while, where my balance on active debt is shrinking. Yikes.

Of course I only have a limited amount of money, as we all do, so I think I can only pick one or two. Where should I start first? Feel free to let me know how much bad info I have too.

[Lian]

OC reporting of either/or monthly delinquencies and a charge-off are separate reportings from those done by a debt collector. And of course, the converse is true.

So any requests/negotiations to remove reporting done by a party must be addressed to that party. Neither has the authority to delete credit reporting made by another party.

So, what does that mean in English? It means that a PFD is directed to one or the other, depending upon what credit reporting you are seeking to delete. If you obtain PFD acceptance from an OC, then you stand to obtain deletetion of the monthly delinquencies and the charge-off. If you obtain PFD acceptance from the debt collector, you stand to obtain CR deletion of their collection reporting. Since both COs and collections are major derogs, either will probably affect your score about the same. If you additionally have major monthly delinquencies on the OC account, then total deletion by them may be more beneficial. After receiving a PFD from one, you then resort to good-will requests to the other.

But you may not be able to pick the target of your PFD request. You can only PFD an OC if they still own the debt. If the debt collector is still just an assignee of collection authority from the OC, and does not own the debt, then you can offer PFD to either. However, if the OC has sold the debt to the debt collector, only the debt collector could accept payment, and thus you could only offer PFD to the debt collector.

Offering payment to an OC,even if they still own the debt, is further complicated by many contract agreements between the OC and their debt collector. Many of those contracts specify that the debt collector is assigned all rights to payment, so in that event, the OC's private agreement with their debt collector would preclude their acceptance of payment from the consumer. Consumers often find an OC unwilling or unable to negotiate a PFD, even if they still own the debt.

A tangled web....

[Yogurt]

Sounds like a PIF for the late pays removed and the item report in good standing is a much better bet. Thank you.