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HomeCredit ForumCredit repair

Sample of Pay for Delete Letter

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erb1953



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



8 Magic Points
 
 Posted on Wed Aug 13, 2008 2:35 am  
I have seen a lot more spam on here lately, what is up with it? Are the mods not catching it?
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2858



1966 Magic Points
 
 Posted on Wed Aug 13, 2008 1:05 pm  
I know usually they are on topof this rather quickly. Can't figure out how this free advertising took off so quickly. There is so much of it.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3137



5332 Magic Points
 
 Posted on Thu Aug 14, 2008 2:24 am  
I usually don't fall for it anyway.

Back to post, what or how much does one usually pay to a company to delete the negative off their report. Is it an extra sum of money or is it in the normal settlement amount? I am getting ready to settle one out here at the end of the month, I am too make contact by the 23rd and wanted to know this before I start talking to them.

thanks in advance, I will look for a reply.
_________________
Goodnatured,

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

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 417



10874 Magic Points
 
 Posted on Thu Aug 14, 2008 11:02 am  
Hi goodnatured
Most of the collection agencies agree to settle for 80% of the total outstanding dues, but initially they may not be willing to agree for a pay of deletion agreement to get the negative listing out of your report. For this you need to negotiate with them, but that too before you pay off the dues. Because one you pay it off, they may not be interested in deleting the listing from your report and as you know that getting it in writing is always essential.
_________________
Best Wishes
Justin
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2858



1966 Magic Points
 
 Posted on Thu Aug 14, 2008 12:01 pm  
If this is Heritage they sounded like a decent place to deal with. Esp. with only charging for the exact debt and nothing more. It doesn't look like you are getting a clear answer here. If anything list it as a new post since more people are likely to take a stab at it.
 
ce
Guest
Subject: paid off debt
 
 Posted on Fri Aug 29, 2008 5:40 pm  
ever paid off a debt, so what does the letter from the collection agency say. I need a sample letter.
 
Darlene
Guest
Subject: PAY FOR DELETE
 
 Posted on Tue Sep 02, 2008 1:07 pm  
Thank you I have been looking for a way to no pay credit solution people to do this and i beleive that this will help,
Thanks again.
 
anthony

anthony

Joined: 31 Jul 2006
anthony's page
Posts: 493



12319 Magic Points
 
 Posted on Thu Sep 04, 2008 5:12 am  
Hi CE
If you have already paid off a debt to the collection agency, they will only report it to the credit bureaus who in turn will list it in your credit report as "paid". They will however not send you any letter telling that you have repaid the debt. For that, all you need to do is to pull out your credit report and check whether debt has been listed as "paid" in your report. However, before paying off the debt, if you can make the creditors agree to a pay for deletion agreement, the debt may not appear in your credit report after you pay it off. However, if there is no PFD agreement, the "paid" listing will be in your credit report for seven years.
_________________
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
 
Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 417



10874 Magic Points
 
 Posted on Thu Sep 04, 2008 5:25 am  
Hi Darlene
I don't think that there are any credit solution agencies that offer credit repair services for free. There are always some hidden charges associated with it, which they charge whenever you register. The best way is to repair your credit by yourself. There are discussions in this forum itself which will help you to repair your credit. To repair your credit by yourself, you should keep track of your credit report frequently at least every four months and dispute any listing with the credit bureaus whenever you find any listing is incorrect.
_________________
Best Wishes
Justin
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2858



1966 Magic Points
 
 Posted on Thu Sep 04, 2008 11:28 am  
Somemtimes I wish someone would come up with a guideline sheet on the forum to show people where to start repairing their credit. I am also unsure of the steps but no how to do some of it.
I believe when people hear credit repair and do it yourself all in one paragraph it probaly seems pretty overwhelming. I don't think hiring someone to do it for you is the best thing. I am learning how to do it from here but think if it was outlined it would help better.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3137



5332 Magic Points
 
 Posted on Fri Sep 05, 2008 2:22 am  
There is a do it yourself section on the debt forum, they have the step by step guide there, you should go check it out.
_________________
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: 2858



1966 Magic Points
 
 Posted on Sat Sep 06, 2008 2:47 am  
Oh I never knew there was one there. I am not real familair with the debt forum. I usually post here. I will check it out though.
 
2mane4hair



Joined: 19 Sep 2008
2mane4hair's page
Posts: 3



33 Magic Points
 
 Posted on Sat Sep 20, 2008 11:58 pm  
Thank you for all your help.This forum has really helped me in my credit situation.
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2858



1966 Magic Points
 
 Posted on Sun Sep 21, 2008 12:18 am  
You are welcome. Hope you will continue to hang around and post with us.
 
Credit Solution



Joined: 15 Oct 2008
CreditSolution's page
Posts: 17



328 Magic Points
Subject: Pay for delay
 
 Posted on Sun Oct 19, 2008 8:40 pm  
Do any one has been sent this letters. I will like to now is the work>

please..... not gess answer..... true response ...Thankssss.
 
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