is it possible to remove a delinquent report off of your credit report from a collection agency?

Question

i called the collection agency and a very rude woman told me they want do it. i am looking for help. anyone have any ideas?

Answer 1

Are you talking about removing a PAID collection or UNPAID collection. If it is an UNPAID Collection they will not remove it. You can attempt to dispute it, if they don't verify it within 30 days it can be removed from your credit report. However, if they do verify it at a later date it can be put right back on there.

If it is a collection that is unpaid but you still want to pay, you should be able to negociate that you will pay it if they remove the negative information. The best way to do this is to write a letter to them that says you will pay the full amount if they delete the information once paid. They are not required to but they will usually do this if you pay the entire amount due. If you are trying to get a settlement for less, they probably will not remove it, as they won't give you both a settlement and removal.

However, once it is paid it should show a 0 balance if they did not remove it. If you have paid it already and the balance is not 0 you need to dispute that. A paid collection still looks better than an unpaid one.

Just what ever you do always get any agrement in writting before you send any money or give them any bank account information.

Answer 2

The collection agencies should report your account as "Paid/Settled Previously Charged Off" or similar. The balance will show 0 dollars. This is usually automatic. If you paid them off be sure to have a letter from them that says it is paid. If you don't have one now, contact them and have them send a paid in full letter. Keep this letter because if it ever comes back several years down the road you have proof. It takes a couple of weeks at least for the records to get updated, so sending in a dispute too soon after they paid off may not have been necessary. By the time they get the dispute it will probably have been updated. If by chance they still say you owe it and did not update the items, send them a copy of the Paid In Full Letter. Do this through Certified Mail and not the On-Line Form. As soon as your report is updated with the new information you should see some improvement. The Paid Collection will look a lot better on your account than an Unpaid collection. Then as time goes on it will have less and less effect on your overall report.

Answer 3

Call the collection agency again. If the debt is paid off, then they have to report this to the credit reporting agencies. Tell the collection agent that this is the law, that they have reported false information to the collection agency. Ask her when your file will be updated to reflect the payoff, and how soon the credit report should reflect that. If the agent refuses-- or is rude-- ask to speak to a supervisor or manager. It is against the law for bill collectors to harass you or be rude to you like this.

Answer 4

Is the account delinquent by your own fault? If yes then you will have to wait 7 years. But one thing you can do now is pay off the debt because i'm sure by now the interest rate is about to go through the ceiling. Pay it off or consolidate it with another card that carries a lower interest rate. In the other hand if the account is delinquent through someone else(identity theft) or the company itself; dispute it. Read all the agreements term on your credit card application b4 you dispute it to make sure that you have the upper hand. Good Luck.

Answer 5

Collection agency are like lawyers. They will bleed you til you die.

You cannot thru the collection agency. The only way to clear any record from your credit report is:

1. contact the credit reporting bureau: check with discrepancy, then correct each thru the company, not the collection agency

The credit bureau only need a letter from the company, not from the collection agency, it does not work that way.

Good luck.

Answer 6

You have two options. One: Pay the debt. Two: Wait for seven years AFTER the last date they report the debt for it to fall off your credit report. Pretty simple. Unless you are saying that you do not owe the debt legally, in that case you need to file a dispute with the credit reporting agency.

Answer 7

I'm not sure if you already have, but pay them off first. After that, wait a few months and dispute it on you credit report. More than likely they won't verify it if it's paid.

Answer 8

You can write to the reporting agencies and dispute accuracy, but you cannot remove something...

Answer 9

Only if it's a mistake on the part of the creditor can it be removed. If it's a real debt that you paid or not paid, you've gotta wait it out. Sorry.