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Doc

Doc

Joined: 02 Dec 2008
Doc's page
Posts: 203
Location: McKinney, TX


954 Magic Points
 
 Posted on Mon Dec 29, 2008 10:40 pm  
I must ~politely~ disagree with at least part of this... PAYING OFF A DEBT DOES NOT REQUIRE DELETION, REGARDLESS OF WHETHER IT IS WITH A COLLECTION AGENCY, OR THE ORIGINAL CREDITOR. This is a huge misconception. In fact, furnishers of credit information are told VERY CLEARLY that they are NOT to remove paid items...

Now, you must also understand that, if you pay an original creditor, as a result of the collection activity from a third party (including reporting to the bureaus), the third party is not REQUIRED to remove their listing either. Most times, though, they can be convinced to do so.
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-Doc Compton, Omega Credit Repair
I provide info for free, & all I ask is that you visit my site... I don't wanna sell you anything, I just wanna increase my traffic, and push my site up in the search engine rankings...
http://www.omegacreditrepair.com
best buy credit repair .



Joined: 25 Jul 2008
bestbuycreditrepair's page
Posts: 9



1096 Magic Points
Subject: no no
 
 Posted on Mon Mar 09, 2009 12:48 am  
check out ripoffreport.com first!!!!
carol

carol

Joined: 27 Jun 2006
carol's page
Posts: 1362
Location: Los Angeles, California


29592 Magic Points
 
 Posted on Mon Mar 09, 2009 6:07 am  
Yes, you can never remove correct information from your credit report. But, if you can negotiate with the creditor for a pay for deletion agreement and the creditor agrees to it, the negative information can be removed once you pay off the debt in full. However, if the debt is sold by the OC to a CA, and you come to a PFD agreement with the collection agency, only the CA listing can be removed from your report, but the OC listing will stay there in your report for seven years.
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Carol

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