Yhaddy

1 Contributions 4 People Helped

Member Since: September 2014

Most Helpful Contribution

How I can fix one collection account if already is paid?

Apr 21, 2015
Helpful to 4 out of 5 people

Enter Your Reply: I completely understand from what I have been told by the creditors, is that even though the debt is a zero balance or if  you settled the amount, the payment history can and will remain on your credit up to 7 years and 9 years if you have any federal loans. In order to clear this off a collection or derogatory status is by contacting the creditor and asking them to please delete it from their collection list. When this happens the next time Trans Union, Equifax, or Experian update the reports monthly it will not show and your score will increase. Also another way is by submitting the letters that each creditor sends you showing the debt is paid off or settled and file a dispute to remove from your credit history. You will need to send copies to each one TransUnion, Equifax, and Experian. If you send this to them certified then they have up to 30 days to respond.  Hope this helps

Activity (1 Total Contributions)

How I can fix one collection account if already is paid?

Apr 21, 2015
Helpful to 4 out of 5 people

Enter Your Reply: I completely understand from what I have been told by the creditors, is that even though the debt is a zero balance or if  you settled the amount, the payment history can and will remain on your credit up to 7 years and 9 years if you have any federal loans. In order to clear this off a collection or derogatory status is by contacting the creditor and asking them to please delete it from their collection list. When this happens the next time Trans Union, Equifax, or Experian update the reports monthly it will not show and your score will increase. Also another way is by submitting the letters that each creditor sends you showing the debt is paid off or settled and file a dispute to remove from your credit history. You will need to send copies to each one TransUnion, Equifax, and Experian. If you send this to them certified then they have up to 30 days to respond.  Hope this helps