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Information on Credit Letter of Deletion

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ROSS

Joined: 03 Oct 2009
ROSS's page
Posts: 21

8 Magic Points

Subject: Information on Credit Letter of Deletion

Sat Oct 24, 2009 1:29 pm

Hi, what is a letter of deletion and can it be used to remove a negative item on your credit report?

renee.a

Joined: 24 Oct 2009
reneea's page
Posts: 7

68 Magic Points

Sat Oct 24, 2009 8:57 pm

Pretty new to this, but from reading other posts, I believe you can offer the collection agency payment in exchange for deleting the debt from your credit report. You don't have to offer full payment; you can make an offer - until you pay, you actually have the upper hand. Again, take everything I type with a grain of salt... good luck!

debranewell2008

Joined: 10 Oct 2009
debranewell2008's page
Posts: 594

99 Magic Points

Sat Oct 24, 2009 11:31 pm

Hi Ross,

I'm with renee on this I have read the same thing just make sure you send it certified so you will have proof they got it and proof of the agreement. If they agree it depends on the collection agency.

Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 1240

28942 Magic Points

Mon Oct 26, 2009 5:25 am

Hi Ross,

Yes, a letter of deletion is basically used to get a negative item removed from one’s credit report. It is actually known as 'pay for delete' letter which is sent to the creditor or collection agency requesting them to remove the negative remark from your credit report against the debt amount you are paying. Here you can find a sample of the letter: http://www.creditmagic.org/repair/pay-for-delete.html
_________________
All the Best Smile

Justin

Margaret

Joined: 13 Nov 2009
Margaret's page
Posts: 78

-146 Magic Points

Sun Nov 15, 2009 2:27 pm

Duplicate content detected. Portion of post deleted as per TOS. The law allows you to ask for an investigation of information in your file that you dispute as inaccurate or incomplete. There is no charge for this. If you paid the accounts in full and as agreed, then you can try to get them removed.

Duplicate content detected. Portion of post deleted as per TOS.

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