Argh. I finally took a serious look at my credit report. It really isn’t that bad but I have a few things that needed attention. One of which was really easy to take care of the other well is somewhat significant and will take some time. What is pissing me off is that the collection agency is offering me a “settlement amount” which is half as much as the amount they posted in my credit report.
The reality is the amount they are offering me is the actual amount of the debt, no more, no less. I know I am the last person that should be talking about what is legal and what is illegal (after all I did let this lapse) but how the heck can they charge double?
I suppose I have to give myself a few days on this one. I feel pretty conflicted and think that I need some expert advice. I really don’t know what to do because I don’t have the money they are looking for in one lump sum and honestly don’t want to pay the total that they calculated. The agent did tell me that I could start paying on this and then take a settlement whenever I wanted but I am skeptical about that…
I have been paying the price for this over the past six years or so in terms of bad credit. Prior to this I had really good credit and my credit in and of itself, outside of this, isn’t that bad. One of the biggest problems is the fact that this collection agency has posted a total debt twice the actual debt on my credit report.
Don’t get me wrong: I am at fault. I didn’t pay the balance of a credit card and am paying the price now. It isn’t the fault of the credit card company OR the collection agency. It is my fault. I should have followed the terms of my agreement or made some other arrangements. What is really funny is that I thought this was just going to go away! Ahah
When I was in the half-way house they had called to ask me to pay anything even ten dollars had I done that I wouldn’t be in this situation with the collection agency. Lesson learned…
It is just great to be an addict. I can get obsessed about anything and when I do I have to find the solution even if my solution is worse than the problem!
I think I will try to borrow against my 401k that sounds pretty insane…
I woke up feeling weird and lonely. All alone…yuk…I saw two people screaming at each other in central square last night…yuk…I was riding my bike and this guy was walking towards the crosswalk and he was walking faster and faster and I got to the crosswalk before him but he yelled at me and said “Hey! Watch where you are going” He literally did that just so he could yell at me…I watched him watch me as we approached each other in the crosswalk. I just ignored him…
No yoga this morning. I needed a break. I think I am overdoing it yet again…