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PittyLova

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Collection Agency isn't responding to my settlement offer, now what?
I've never had this happen. I've sent a settlement letter to several collection agencies and all have responded except one. This is a newer debt and my only negative left. I told them I needed a response within 30 days or I would send the money else where. Zero reply at all and it's been 45 days. Now what do I do? Should I send another offer? Let it sit for a little bit? Contact the agencies and request a removal due to lack of response? I'm stumped. I have a year to rebuild my credit before we try to buy the house we currently rent, but the sooner my credit is fixed the better.

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Top Contributor
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They're under no obligation to accept your offer for debts you ran up. It's obvious from your own statement you haven't paid your debts on time, if at all.  

If you want to rebuild your credit, on time payments account for the largest percentage at 35%. Balances owed account for 30% of your credit score. Educate yourself how credit works by reading the articles here.

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