Pay for delete letter: Negotiate to remove negative listing

JulieKirby · Guest 0 Magic Points

We need to pay a Judgement that shows up on my husbands credit report but when we called Wells Fargo(they are who is listed) they can't find anything. I have a copy of the Judgement and it offers know help in finding out how to pay. Can we pay the court? We need this off yet don't know who to pay?

Joined: 08 Feb 2010 Posts: 2675 48566 Magic Points

Hi Julie,

Your query has been answered at http://www.creditmagic.org/report/pay-judgment.html#44026 .

If you have any other query, you can feel free to discuss that in the forum.

Thanks,

Aaron

Cara · Guest 0 Magic Points

Are there any credit repair companies that you feel are legitimate? I am worried that most of them are scams. I need to remove some old charge offs and late payments.

Joined: 08 Feb 2010 Posts: 2675 48566 Magic Points

Hi Cara,

Welcome to this community Smile

To know whether or not a credit repair company is authentic, you can check it with the Better Business Bureau. However, the best option to repair credit is self repair credit. First pull a copy of your credit report. Check the status of the accounts on your report. If there are any wrong listings, dispute those with the credit bureaus. You will get a sample dispute letter at http://www.creditmagic.org/repair/dispute-letter.html . Send it through certified mail, requesting a return receipt.

If there are any negative listings try to pay off those. Before paying off the debts, request the creditors to agree to a "Pay for delete" (PFD) agreement. PFD reports your account as "Paid" and deletes all negative details of that account. You will get sample PFD letter at http://www.creditmagic.org/repair/dispute-letter.html .

For more details you can visit http://www.creditmagic.org/repair/myths-credit-repair.html .

Thanks,

Aaron

Taleathia · Guest 0 Magic Points

My mtg company would like a letter explainging what this debt is I dont know how to start

Joined: 08 Feb 2010 Posts: 2675 48566 Magic Points

Hi Taleathia,

What you can do is send a "debt validation letter" to the creditor or collection agency who now holds the debt. Send the letter through certified mail, requesting a return receipt. You will get a sample letter at http://www.creditmagic.org/repair/sampleletter-debtvalidation.html .

Debt validation is the process through which you come to know to whom you owe the debt, and what is the debt amount.

Thanks,

Aaron

Eva · Guest 0 Magic Points

Hi,
Can I send this letter to the collection agency if I already start a payment?

Thanks a lot

Joined: 08 Feb 2010 Posts: 2675 48566 Magic Points

Hi Eva,

If you are still into the payment process, then you can try to request the creditor to agree to the "Pay for delete" (PFD) agreement. However, if the creditor agrees to the PFD, you must get the agreement in writing. You will get the sample PFD letter at http://www.creditmagic.org/repair/pay-for-delete.html .

Hope this helps.

Regards,

Aaron

csteck43 · Guest 0 Magic Points

I have already sent the letters, and then I saw the pay for deletion letter, did I do something wrong? I requested that they remove the negative lsitings because I have already paid for them.. What should I do next if that doesn't work?

Joined: 08 Feb 2010 Posts: 2675 48566 Magic Points

Hi Csteck,

As far as I understand from your post, you have already made the payments. If it is so, then the creditors or the collection agencies may not want to work with you anymore on that account. Still you can try.

It is not necessary that you will have to use the sample letter available here. If you can write one of your own correctly, then you can send that to the creditor or collection agency.

Thanks,

Aaron

AC · Guest 0 Magic Points

I am looking for a form type letter where I can have creditor sign off in agreement at the same time as the money/funds are exchanged. My issue is over a commercial account being reported in my personal credit...the balance will be paid, but I want all evidence Id the report retracted as the balance is from a returned business check with company name, logo and address differing from personal? This is a currency exchange and I believe they knew the account was wrong but reported anyway in order to elicit response...!

MH · Guest 0 Magic Points

My sister got four credit cards in my name, charged them up and failed to pay them off a couple of years ago. I recently found out about this. After talking with the creditors I discovered that I couldn't have them removed unless I pressed charges against her...which I'm unwilling to do.

Luckily, the balance on these cards are all low. The highest amount is around $550. I'm wanting to try the delete for pay letter. My question is this. The four credit card companies are listed on my credit report. Two of them have a status of "charge off" and have a $0 balance. One lists "charge off" and shows a $371 balance. The other status says "120+ Days past due" and lists a $0 balance. There are also 3 collection agency accounts listed.

I'm just trying to figure out who I need to send the letters to. Should I send them to all 4 credit card issuers and the collection agencies?

Sorry for the long message. Thanks in advance.

Joined: 28 Apr 2010 Posts: 3 15 Magic Points

How do i print a copy of the letters of credit for my specific need.

terene · Guest 0 Magic Points

will this letter help clear off my record

sawell35 · Guest 0 Magic Points

please tell me how i can rermove credit already paid off and has been open since 1999

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