- Centurion Member
- Posts: 188
- Joined: Tue Jan 10, 2012 7:11 pm
- Location: New York, NY
I can tell you that I had, about five years ago, a $25 charge off by Verizon. I paid it directly to them and they took it off my report.
I would ask Sprint if they would put in writing that the paid charge-off would be removed if you pay it. They may not do it, but if they do you'll have some recourse.
I can't decide, based on what you've shared, who owns the debt. I think, not sure, that whoever owns the debt controls the entry on your CR. On the one hand, Sprint said they would yank the report if you pay it, which sounds like they still own it and are just using the collection agency to administer the debt. On the other hand, if the collection agency will settle for 60% then that sounds as if they may own it.
Here's what I'd do: find out who owns the debt and, if it's the collection agency, ask them if they will pull the baddie if paid at 60% (say "your offer") If they refuse, ask if they will do it for 100%. If they agree, and will put the promise in writing, deal with them. If the owner will not put the promise in writing--you pays your money and you takes your chance.
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