I just received a settlement offer from this LVNV company, they are willing to do a 15% settlement offer on a balance of $821 they are willing to accept $124. This seems really good to me. This account is from 2007, I just recently found out about this bill when I went to a mortgage person b/c I am going be trying to buy a house in the near future and they were appearing on my credit report. I called them to find out what it was for and they told me, I do remember this now but I was young and irresponsible and never paid on it, after they told me that all i said was bye, b/c I know if you make any verbal agreements to pay something you are tied in again. My question is should I even pay this? Will it help my credit score any? And even if it doesn't help my score at all that is fine i guess but will it at least show as settled and closed on my credit report? Do you think paying it or not paying it will affect my process in trying to get approved for a home loan? Who is this company, are they a legit company? Any feedback would help and I would appreciate! Please and thank you!
Read more: LVNV Funding LLC, Capitol Management Services, LP?
