Reply #27: Offer to settle for less, they did for me [View All]

[The Straight Story]

When I tried to get my first house loan two years ago I had to go and clean up my credit. I called the collection agency for old student loan (which I never actually got either - I got a grant and quit school before it ran out due to wife's health issues. They kept the loan and then went belly up a few years later. My wife was in same class with me and they did not do the same thing to her) and I told them I wanted to settle it.

I paid about half what they were asking (It was 900, original loan was like 200, I paid 450 and was done).