Do debt collectors "Delete"???
Can I get debt collectors to delete the bad debt, if I pay them??? If so, How can I go about doing that? Thanks!
Update:I can pay all of them, no big deal ...but after I pay them off ...and I show the credit B that I have payed....
(with a letter or something) Does it remain on my credit or do they have to delete it because it was payed??
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Your credit report is your credit history, if you have a bad debt it will stay apart of your history if you pay it or not. An unpaid collection has about the same effect on your score as an paid collection.
The only guaranteed way to get the collection off your credit report is to get the collection agency to agree in writing that they will remove the trade line from your credit report after you pay them.
Just make sure your get this in writing before you pay any money to them. They will lie and tell you anything you want to hear on the phone. This is what you need to do to solve your problem.
Good luck!
They don't delete them..just show that it was paid. It is supposed to be removed completely after 7 years. However, it's better to show on your credit that you paid them late instead of not at all. In this way, if you are trying to get credit, you can write a letter to the potential creditor explaining why you were late paying.
Signed,
former debt collector
If you have a lot of different debt to different sources your best bet is probably a consumer credit service where they contact your debtors and negotiate a way to pay the amount back at less of an interest rate and usually less payments than you have to currently make.
Once you get that taken care of you need to learn to live within your means.
get an extra job or two and pay them back. The longer you wait to do that, the more the interest will pile up. Once paid they will note on your credit report that you've paid and it will be deleted from your credit report.
No. First, in lots of circumstances, the unique creditor sells their rights to the debt collector, so the unique creditor does get to verify whether to settle for the furnish, through fact they bought this precise to the collector. 2nd, if the collector gets money from her by any skill, whether by going to courtroom or by garnishing wages or the different technique, then they do gets a commission. they do no longer would desire to take delivers to the unique creditor.
if you pay it off you can get a letter from them to submit to the credit bureau
never pay debt agencies, they suck