Midland Credit...which is the better route?

[kkk1]

I have two collection accts. with Midland. One is for $870 and the other for $940 or so. I have disputed (the original amounts were incorrect) and they came back corrected and verified. Should I attempt PFD? If that's a no-go, should I PIF or just try to settle for a lesser amount. They send me offers every few months to settle for around $540 each. It's another 3 years before they SOL is up and I'd like to get them off/paid before then so I can get my credit back in order.

[funkiehouse]

Never offer to pay without sending a DV first.

 

Ask yourself why they would settle for less while you are within SOL.

 

Good chance is that they can't actually validate the debt. It's not because they are in the Christmas spirit.

 

Paying off a collection that remains on your report is going to drop your scores like a rock for the next 2 years.

 

Is the OC reporting and if they are, is it reporting a $0 bal?