OurCommunityPower.org >  Credit Forums   Debt Forums  Mortgage Forums  Insurance Forums
CreditMagic logo
Close

    LOG IN
Don't have an account? Sign up

*Email:
*Password:
*Display Name:
* denotes required field
*Email:
*Password:
Forgot password?
*E-mail:
  
HomeCredit ForumCredit repair

Sample of Pay for Delete Letter

 Post reply  Start a topic
Author Message
Options
Print this topic
Invite a friend
Email this topic
  Bookmark online
Add to del.icio.us
Add to YahooMyWeb
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 2865



0 Magic Points
 
 Posted on Mon Jul 07, 2008 2:33 pm  
You should be able to track the check from with whom you purchased it, they will know if it cleared or not. You should get a reciept when you purchase the cashiers check with some type of tracking number on it. You should ask this question to the person with whom you purchase the check in the beginning, then you will know a head of time what to watch out for.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
CMBV22

CMBV22

Joined: 08 May 2008
CMBV22's page
Posts: 380



4081 Magic Points
 
 Posted on Tue Jul 08, 2008 3:40 am  
Kyle,
You might also want to conside finding out if the ca accepts payment via western union quick collect. You can pay in cash and will have a reciept. Plus, you wont have to pay for cert mail. I think there is a dollar fee for the payment but, it is better than a five dollar postage fee plus cert funds fees.
_________________
****************************
Free sample letters,
info on paying off payday loans,
and quick credit repair tips.
Pesonalized credit repair advice in the forum:

www.homecreditrepair.net

http://homecreditrepair.hqforums.net/
 
anthony

anthony

Joined: 31 Jul 2006
anthony's page
Posts: 446



11206 Magic Points
 
 Posted on Tue Jul 08, 2008 11:33 am  
Hi lostrikan
Yes, you are correct. GEMBPPBYCR is GE Money Bank PayPal Buyer Credit. You can contact them at the following address.
GE Money back
P.O. Box 981400, El Paso, TX 79998-1400
Since the name is listed in your credit report, you can send them a debt validation letter. On getting validation of your debt, you can send them a PFD agreement letter.
_________________
Anthony Marx

A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible.
You can also visit my blog
http://financewatchonline.blogspot.com
 
lostrikan24



Joined: 07 Jul 2008
lostrikan24's page
Posts: 32



1544 Magic Points
 
 Posted on Tue Jul 08, 2008 11:21 pm  
Thanks Anthony.
I have the letter drafted from a template provided by Laura in another thread. Thanks to Laura for that! I will sent it certified mail and see what happens then. Thanks again!
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 2865



0 Magic Points
 
 Posted on Wed Jul 09, 2008 2:24 am  
she did a good job on this.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
erb1953



Joined: 31 Dec 2007
erb1953's page
Posts: 631



-31 Magic Points
 
 Posted on Thu Jul 17, 2008 3:07 am  
yes she does, I would use this one.
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2408



17187 Magic Points
 
 Posted on Thu Jul 17, 2008 3:43 pm  
I like seeing such good examples. It really helps out a person who is unfamiliar to this kind of thing.
 
best buy credit repair
Guest
Subject: Do you need a recomended credit repair service?
 
 Posted on Fri Jul 25, 2008 4:42 pm  
Paying off old debt, will restart the clock on the collection activity for that account. The law states the LAST ACTIVITY. which includes payments. You are doing an injustice to yourself by paying a old debt.Imagine another 7 years?? i Have them removed instead. Don't assume your credit score will increase, because you paid on your debt, it will not. These items on your credit report must be deleted, to have your score raised.

10 years ago I filed for bankruptcy. From then on, I have been doing credit repair on my own and my wifes credit files. It is a full time job just knowing how to handle each negative trade line on your report. There are legitimate credit repair services out there. I used Lexington law, who turned out to be the worst, monthly fee schemers. I did then get tired of the wording, "this item has been verified" letters. So............ I decided to read up on the Fair Credit Reporting Act.
I am now certified. I do credit repair as a part time Job. I have had very good results. It is all in the know how. Took me ten years to learn, but I learned. The draw back to repairing credit is the time involved. Following through on replies, how to handle a collection agencies verification, or validation letter sent back to you. Its like trying to sell real estate, You need to know what you are doing.
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2408



17187 Magic Points
 
 Posted on Sun Jul 27, 2008 1:09 am  
bbcr..ignoring you.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 2865



0 Magic Points
 
 Posted on Mon Jul 28, 2008 3:01 am  
Now, now fireyone.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2408



17187 Magic Points
 
 Posted on Mon Jul 28, 2008 2:30 pm  
It is just so annoying that someone would try to take advantage of someone who is trying to reach out for help. We get enough of this through junk debt collectors.
 
Micki
Guest
Subject: Pay for delete
 
 Posted on Wed Jul 30, 2008 5:07 pm  
Ok here is my situation. I was out of work due to illness for months. The credit card company sold my account to a collector. They are a law firm which is a little scary. While staying with my sister in Atlanta I found a job. I received a letter at my old address stating that I had 30 days to respond to confrm or dispute the debt. I was getting auto-voice messages on my cell and I returned a call because I didn't kow who they were. I confirmed who I was but did not give them the info they asked for. When I returned to Chicago it was 34 days after the date of the letter. Now what? I got a job in Atlanta and will be moving there. I am working and can pay it off if I can get it rreduced. The debt is valid altough charges have doubled! Most importantly I want to it get off my credit report. Can I still use this pay for delete letter approach?

Help please!
Micki
 
CMBV22

CMBV22

Joined: 08 May 2008
CMBV22's page
Posts: 380



4081 Magic Points
 
 Posted on Wed Jul 30, 2008 7:05 pm  
Yes,

You can always ask for debt validation. Once they send you the validation you can use the letter as an ice breaker to work out a settlement and a pay for delete. I outline the process in my website
_________________
****************************
Free sample letters,
info on paying off payday loans,
and quick credit repair tips.
Pesonalized credit repair advice in the forum:

www.homecreditrepair.net

http://homecreditrepair.hqforums.net/
 
erb1953



Joined: 31 Dec 2007
erb1953's page
Posts: 631



-31 Magic Points
 
 Posted on Thu Jul 31, 2008 10:14 am  
You website is awesome CMB, thank you for putting the time into it, I found it very useful and easy to understand.
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2408



17187 Magic Points
 
 Posted on Thu Jul 31, 2008 12:30 pm  
You know erb I have the same thoughts. It is amazing the good people who will take the time and effort to help another. Thats always leaves me with a good feeling. I hope Micki will go there and if he needs any more aide stop back.
 
Quick Reply
Your Name
Subject
Message body
 Previous  1 2 3 4 5 6 7  Next  
Page 5 of 7

 


All the works we publish comply with the Creative Commons Attribution License.
This work is licensed under cc by 2.0

Home Knowledge bank Forums About us

Members Area
  • Log in
  • Sign up
  • Bookmark us
Ask the Community
Join credit magic community
Search
  • Forum Search

Financial Tools
  • Credit Repair Tool

Financial blog reader.
Quick poll
Which is of more importance... Credit score or FICO score?
FICO Score 
Credit Score