There are many ways to deal with collections. The most important thing to remember is that an unpaid collection is as damaging to a credit report as a paid collection in the credit scoring model. There is strong motivation for the collection agency to collect not only the added fees, but also the full amount of the account.
The collection agency account representatives are generally paid a commission on the amount collected, hence the higher amount that you pay, the higher the amount of commission earned.
Negotiation is the only tool for resolution that most favors the consumer.
First Trust Capital, with years of experience negotiating with collection agencies and affiliated services has a proven negotiation program that assures you pay the least amount possible and achieve the highest reward.
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