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Question By
younganddumbhelpplease

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derogatory marks for bank account and medical
ok so young dumb and stupid let my bank account go negative $800 went to a collection agency now I have a derogatory mark so question is what is the best way to deal with the collection agency to get this off of my credit score? quick and painless.

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Try to negotiate a pay for delete agreement, this is where you agree to pay the full amount in return for them removing the negative item off your report permanently. Make sure you get the agreement in writing before making the payment. If they say no, ask to speak to a manager. Also I would suggest you spend some time viewing Dave Ramsey's web site Financial Peace university. There are a lot of tips and wisdom for living within your means and budgeting monthly to advoid situations like this that is quite embarassing to the financial community. God bless....

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