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6sigma

Joined: 30 May 2009
6sigma's page
Posts: 1

39 Magic Points

Subject: payment fo deletion

Sat May 30, 2009 10:13 pm

Are payment for deletion letters affective

rachael

Joined: 11 May 2009
rachael's page
Posts: 234

6581 Magic Points

Mon Jun 01, 2009 4:01 am

Hi 6sigma,

A Pay for Deletion Letter is a legal agreement with your creditor or collection agency. It states that the debt accounts will be removed from your credit report, after you make the payment.

You should always send a Pay for Deletion Letter to the creditors or CAs, before making a payment. This is a proof, you can use to challenge them, in case your report is not corrected and updated, after paying off the debts. Pay for Deletion Letters are effective in most cases.
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Looking forward to a debt-free life.

scott

Joined: 28 Jun 2006
scott's page
Posts: 446

10878 Magic Points

Subject: Pay for deletion

Mon Jun 01, 2009 6:01 am

Hi 6sigma,

I agree with rachael. Pay for Deletion Letters are effective most of the time. It is always best to get an agreement in writing, from your creditors or collection agencies. You will find a sample Pay for Deletion letter in the Letters of Credit section.
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SCOTT

Use your credit account responsibly and enjoy a debt free life.

Cynthia Mcduffie
Guest

Subject: Trying to write a payment deletion letter

Wed Jan 27, 2010 6:08 pm

I need to write a deletion letter but I don't know where to start. My email is mcduffiecynthia@yahoo.com . I need a sample letter to profile my letter from the sample.

debranewell2008

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

99 Magic Points

Thu Jan 28, 2010 10:25 am

Hi Cynthia,

If you look on the side of this screen you will see a section that is listed Helpful Resources under it is a section that says letters of credit. If you look under that you will find a sample of a pay for delete letter. Hope this helps.

cinnamngrl

Joined: 01 Nov 2008
cinnamngrl's page
Posts: 1455

6339 Magic Points

Fri Jan 29, 2010 11:16 am

Pay for Delete is a settlement agreement. If you follow all the steps and get this agreement in writing, then you can sue someone that violates it.
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CMRRR Templates
How to PFD, OPT-out, Complain, etc
All credit articles at EHOW

mmmichael

Joined: 12 Mar 2010
mmmichael's page
Posts: 1

15 Magic Points

Subject: Payment for deletion

Fri Mar 12, 2010 6:18 am

Hi...my question is the debt on my credit report is to one company, where the debt originated, however there is a different collection agency collecting on it. Do both companies have to agree to the payment for deletion? Thank you for any advice! -Michael

cinnamngrl

Joined: 01 Nov 2008
cinnamngrl's page
Posts: 1455

6339 Magic Points

Fri Mar 12, 2010 11:29 am

the original creditor has sold this to the collection agency and so there is very little that would influence them to remove a listing. However it is still helpful to get the CA off so do the pay for delete and then try and dispute the OC off
_________________
CMRRR Templates
How to PFD, OPT-out, Complain, etc
All credit articles at EHOW

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