How do I get something removed from my credit rating if it belongs there?

Question

I had an account go into collections about a year ago. I paid less than the full balance. Basically it was my fault. Is it possible to call the collections agency and ask them to remove it? I know the length of time for something to stay on is 7 years from time of transaction. But, is it possible to get it removed earlier than that? Is it out of the collection agencies hands now? This may sound stupid, but I am only 23 and still learning about this very important crap. And I would say that I am learning it the hard way.

Answer 1

It can't hurt. If you've paid up what was owed, I'd give them a call and try. At the very least, you can ask them to add an addendum that you have paid in full.

Answer 2

Unfortunately, it takes seven years.

I had a similar situation... I had a medical bill get turned over to collections before I had a chance to make arrangements with the hospital for payment, and once it is done, it's done. It's out of their hands.

It is a lesson learned the hard way, but keep everything else in your score up (don't open too many cards or carry too high of balances) and it won't count against you too much. Despite mine, I have been able to open lines of credit for a car, etc. It won't ruin your credit.

They can mark it as paid, but it will probably take a few months for the change to be reflected.

Answer 3

You don't get it removed. Even if you pay the full balance, the fact that it went to collections in the first place, stays on your record for 7 years.

What you do now is pay all your bills on time. Keep your debt low. Don't apply for a ton of credit cards. Your score will go up and that one mis-step won't make a huge difference in a year or so.

Answer 4

The adverse products will proceed to be on your credit record for 7 years from date of final interest, that's in fact your final fee). So in case you final fee replaced into in January of 2005 and you do no longer something via fact that, it's going to be there till January of 2012. Your basically threat could have been to communicate to the sequence company and grant them a proportion to settle the account and ask if in addition they're going to eliminate any adverse tips out of your comments. If that's after the fact the place you settled, you could ask them yet there is relatively no incentive for them to eliminate the article now. yet on the stable area a paid off sequence account seems a lot extra suitable than one that maintains to be in collections.

Answer 5

if the account is classed as cleared u can ask for a note putting or your credit report saying settled they may even remove it but doubtful

Answer 6

VALID IT REMAINS..
YOU CAN TRY...SOMETIMES EVEN VALID ENTRIES DO GET REMOVED.