I sent out a Pay for Deletion letter several weeks ago and never received a response. As suggested, I called the collection agency. They told me that they would not delete the information from my credit report and they would only mark it as paid in full, which was the reason they had not responded...
So I want to know if there is any further action I can take, or should I just settle for it being marked as paid in full?
As always, any advice would be greatly appreciated!
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.