Author Topic: is a TL marked PP better than CO?  (Read 204 times)

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FLMechanic

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is a TL marked PP better than CO?
« on: May 10, 2012 03:51:07 PM »
I have a payment plan with an OC who had me over a barrel. I essentially had to agree to their terms or they would replevin some equipment that I require to make a living.

6 mos of timely payments later, it still shows as a chargeoff.

I wrote a goodwill letter to the OC and they wrote back "It will remain a CO until paid in full, but we will provide in writing a notice of your payment plan to anyone you wish."

Should I ask them to update the TL as PP?

 

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