2007-03-18 09:14:59 · 5 answers · asked by Austin's gf 1 in Business & Finance ➔ Credit
You could send a goodwill letter to whoever you paid and request that it be removed. Though requesting that "after" payment may not get you very far since you have lost any leverage you may have had.
If they are reporting inaccurately on your reports you have a legal right to dispute the tradelines. If they fail to correct the inaccuracies the tradeline legally must be deleted. But generally it's not that easy. Most of the time they will just verify the inaccuracies and leave them on there.
When that happens, and you have created a good papertrail of trying to have accurate information on your reports, you would then file complaints with the BBB, FTC, your states AG and their states AG. Then redispute with the credit reporting agencies including copies of your FTC and AG's complaints.
edited to add:
There are many, many, MANY ways that a tradeline can be inaccurate besides simply showing late/unpaid.
EVERYONE has the legal right to have a CORRECT credit report. Even if that means the credit reporting agencies must delete an inaccurate tradeline.
I would suggest reading the FCRA and if a person is dealing with collectors to also read the FDCPA.
2007-03-18 09:37:04 · answer #1 · answered by echo 7 · 1⤊ 0⤋
If it was a bad debt that you made good, you CANNOT have it removed. It will just fall off several years from now. In the meantime, it will count less & less against you as time goes by. If the debt was INCORRECTLY reported late/unpaid, ONLY THEN should you send lettters to the credit bureaus telling them to correct the entry. At that time, they will verify the information with the creditor & amend the entry.
2007-03-18 16:40:28 · answer #2 · answered by Tom's Mom 4 · 0⤊ 0⤋
Send a letter to the company that you have paid the debt to and ask that it be removed. Also send a letter to each bureau stating the same thing with the proof of payment. If you need further assistance check out our website- we can help.
2007-03-19 12:00:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Letter in writing to the 3 credit bureaus .
2007-03-18 16:22:34 · answer #4 · answered by Joe T 4 · 0⤊ 1⤋
They have up to 180 days to modify your credit report, after that time. If they do not remedy the problem , you have to write the credit bureaus.
2007-03-18 17:08:28 · answer #5 · answered by Theodore M 2 · 0⤊ 2⤋