Keep good records!
Keeping good records during your debt settlement process is crucial to success. This can be the difference between a good and bad settlement. Don’t expect them to remember you or what you agreed upon. Other pointers:
> Send all correspondence via registered mail (about $2 a letter) or send a fax with a [...]
If you are dealing with a collection account, you want a complete removal (a deletion) from your credit report, however, NOT a “Paid As Agreed”. Any notation on your credit report from a collection agency is considered negative, so even if the listing read, “this person has the best paying record we’ve ever seen”, it [...]
The original creditor is the credit card company or lending institution that issued your loan or credit card. If your account is not in collections, then the company you want to deal with is the original creditor. If your account has been turned over to collections, then the original creditor will not even deal with [...]
