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Cap 1 Auto Loan Charge-Off: Settle or PIF?
I have a Cap 1 auto loan charge off from. 2013 that currently sits at $7,800. Cap 1 is currently using an agency called United Recovery Systems to collect half of the money in 6 month payments. On my CR, Cap 1 is still listed as the current holder of the debt. I need to get a new car and this debt is hindering me from doing that. Is it best to settle with them, and for what percentage? Or should I try to PIF? I can only PIF with monthly payments though, so I'm not sure if it's worth it to go that route.

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