Subject: Remove listing altogether from credit report, rather than li
Mon Feb 07, 2011 12:26 am
I am working very hard to repair my credit and have been able to pay off a majority of the debts that have gone to collection. However, I am having a *very* hard time getting the collections agencies to remove the negative listings altogether.
By law, they have to update the credit bureaus to reflect that it has been paid, but from what I understand they also have the power to remove the whole listing! PLEASE, PLEASE, PLEASE tell me any advice you have about how to get them to do this! I'm really struggling!
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.