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quikdraw75

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Debt in collections. Are collections able to negotiate a lower price? They are saying NO
I have a bunch of old debt that I am trying to take care of. But when I talk with the collections company, they say that they can't change the total price. The problem about it is that the price is over double than the original price. What can I do to get them to ****er the price down?

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how old are the accounts?  paying them may do more harm then good if very old as it will make them recent again on your credit report..  If they are a junk debt buyer then they buy the debt from 1-4 cents on the dollar.  so they have alot of room to come down.  If they are the original creditor they are looking at eventually selling it for 1-4 cents on the dollar so want to make as much more then that as they can.  usually collectors start at 50 percent off and go lower from there the more you ignore them and the older the debt gets.  unless of course they sue you.

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