can i remove collections on my credit report?

Answer 1

There are only two ways you can get a negative item removed from your credit report.

1) The creditor fails to respond to a dispute inquiry from the credit bureau

2) The creditor must remove it.

Many times the creditor does not have records of their old debts any longer, or simply do not want to waste the time to look. They will ignore the dispute investigation and it gets dropped off. This is probably the most often method of removing them. This little secret is what credit "repair" agencies do, but charge you a fortune.

If the creditor does his job, it will probably be verified and validated. You will then have to try to convince the creditor to delete it. That's not likely unless you can negotiate a settlement with them. But they must agree IN WRITING to delete the debt once you have paid them. Remember, just because it shows "paid" does NOT remove notes about having late payments, collections, or charge offs. It's still a bad rating, so make them delete the entry, or DON'T pay them?

What is the sense in that? Now you are broke and still have bad credit?

Answer 2

well yes and no. technically you can only remove things that are not valid. Credit bureaus are so overrun with people flooding them with "take this off, this isn't valid, ect" hat nowadays they don't bat an eyelash when someone sends a "remove this item" plea. what they do is when you tell them the item that you want removed, they send it to that company who has 30 days to either claim it as valid, or say it isn't valid. if they say its valid, well then you'll just have to try again (sounds bad but it works). if they don't respond within the 30 days then the reporting bureau will remove it from the report. remember though, a company can at anytime reinsert the collection or anything back into the report at anytime so don't be suprised if after you got it removed, its still there.

Answer 3

If you call the collector and strike and deal and actually pay it off, it may be apart of the agreement to not report it on your credit but thats a hard to find deal.

Even though its 7 years to get bad credit off your report...Now they are starting to look at 10 years back.

Answer 4

Sorry, it would not artwork like that. First, the series organization is going no longer have the flexibility to tension the hand of the credit bureau to have your debt bumped off. in accordance to federal regulation, your destructive assistance would be on your checklist for 7 years after the date of delinquency. they are going to basically fall off after that. next, your score won't enhance basically because of the fact something destructive falls off the checklist. the only way your score will advance is once you decrease your debt ratio of contemporary bills and you pay your expenses on time. Your score won't pass up by using taking destructive assistance off. If that became the case, those with below-average credit must be thoroughly clean precise away - with rankings interior the intense 700s very nearly in one day. this is incredibly not good suggestion. proceed to pay the debt and as quickly as you're finished, request a letter or receipt from the enterprise declaring that this is been paid. good success!

Answer 5

Depends. If you call the collection agency... talk to the assigned bill collector and cut them a deal to pay if they agree to give you a deletion. Depending on their mood they may and may not.

If they agree...make sure to get it in writting before you pay them. Each agency has their letters that they type up and mail out.

Good Luck

Answer 6

i DID I think is depends on what u want to get removed

Answer 7

You can either make a deal to pay, or wait them out. Eventually it will drop off unless it's a lien.