Is there a legal way of getting my credit record erased or deleted?

Answer 1

There is are "Gray" ways to do it... but i wouldn't

what you still want to know...fine...

one way is to change your social security. but this is is a timely and expesive way to do it. you have to prove to them FRAUD has been commited so bad (this is a maybe) or your life is endangered (something crazy like that) example would be to get into the witness protection program.

okay thats crazy so you can try option 2

you can write letter to all your creditors and ask them to verify your debt. they have 30 days to respond. most of the time they do. now if they don't you can argue with transunion, equifax, and experian that they didnt respond and to take this off your credit. it's a loop hole. but they usually will respond (and re-report to your credit again-this could lower your score even more)

thats the basics...

now lets take it to the extreme.

you could hire a special (and sneaky) lawyer to send the same letter...EVERDAY...TWICE A DAY....for months....and at some point...the creditor screws up and forgets to verify with you. and ta-dah you got them.

i have heard this will cost you hundreds if not thousand of dollars for this service.

now lets says the credit gets privy to what your doing...they take you to court..judge throws out your cheap plea and they slap the debt right back on you...

but hey, life was good..at least for a little while...

while i am not a lawyer i do believe that its illegal for a creditor to "erase" anything from your credit that isnt considered erronious. so even if you paid a collection it won't get rid of it...it will only show paid collection-if anything at all.

my advice to you...think like the big companies...

ford, American airlines...they claim BK 11 and what do they do...they go out and borrow more money and get back in the game...

forget about erasing bad credit...think about getting NEW good credit...

don't go out and buy a car or anything...get a secured credit card and use it and pay it off...DO NOT CARRY A BALENCE.

got a loving mother or friend with good credit...ask them to sign over an extra card to you...they don't have to give you the card but they do have to use it at least once....and pay it off...they the creditor will report this to thier report AND YOURS...and bing! guess what? You got a 10,000k credit limit always paid as agreed on your report...a shining star amongst all your crap credit.

and your score MAY go up..

Answer 2

YES! There is a legal way to do it. It will cost you money to do it though. You can challenge any information on your credit report. If the credit reporting agency cannot verify or prove the information they have to delete it. Here is the problem of doing it yourself. If you don't understand the complexities of the Fair Credit Reporting Act (and most people without a Law degree don't understand it) when the credit bureaus say "Verified" or "Frivilous" then you have hit a brick wall and you won't get past it. That is where credit restoration companies come in handy. They know how to get past these blocks and get the item removed completely. At least the ones that know what they are doing. Be careful that you don't get some yahoo that bought a do-it-yourself kit off of the internet. Make sure you are dealing with a licensed, bonded and insurred company. There aren't many of them out there. In fact I know of only three that are licensed, bonded and insurred PROPERLY, and only one of them knows how to get past the Verified and Frivilous blocks. And it ain't Lexington Law, that is for sure.

Read this article: http://EzineArticles.com/?id=446559
it will give you some very helpful advice on how to tell the legit companies from the other guys.

If you have any questions regarding credit issues, you may email me at [e-mail]

Answer 3

Yes. If you borrow absolutely no money for ten years & have no open accounts (debt accounts) during that ten years, then at the end of it you will have no credit rating or record. Well, you might if you get a judgement or tax lien, but you get my point: PAY off everything & STOP borrowing money then you won't have any credit to rate.

Answer 4

Your score does get boosted when negative info comes off. Don't hold your breath thinking you can "negotiate" getting negative records deleted for full payment now. The time to negotiate was boefre the charged off or sent your account to collections. Since you stated that the negative info has been on your report for "awhile" the company has probably already charged off your account and reported it as a loss and taken the tax benefit. They have absolutely nothing to gain by dealing with you once they have closed your account and charged off your debt.

Answer 5

Not legally, no. Not to wipe the slate clean entirely, at least.

You can always attempt to dispute any and all information you disagree with on your credit report though.

Answer 6

I'm not sure how bad your situation is, but you might want to check this website out

http://www.lexingtonlaw.com

I'm currently using them, they're making a difference for me.

Hope that works for you

Answer 7

Nope, that bad boy will haunt you forever.....stupid clingy financial background!!!

Answer 8

no