swc65 wrote:aham2005 wrote:I think I will setup a payment arrangement with the collections agency for a big debt on my credit report. Hopefully this works for me. Thanks for the info.
When are you starting school? If it is this fall, setup the agreement and then get a letter for the collector stating your account is current. This way, if the credit reporting companies don't get the update before your loan is processed you can bring the letter to the appeals process.
I will be starting Law School this Fall. I will contact the collections agency this month.