5
Been doing credit repair the hard way for years, just learned something obvious
I used to just pay off collections in full thinking it would help my score, but my buddy who's a loan officer told me pay-for-delete agreements are way better if you can get them in writing. He showed me how asking for removal instead of just paying dropped his buddy's score by 40 points in the wrong direction 'cause the account stayed. Has anyone else had luck getting a creditor to actually agree to delete after payment?
2 comments
Log in to join the discussion
Log In2 Comments
jakef6614d ago
Hold up, I gotta push back hard on this one. Pay-for-delete agreements sound nice in theory, but most creditors and collection agencies flat out refuse to do them because they're actually against the credit bureau's rules. Most of those agreements either never get honored or the collection still shows up as "paid" instead of deleted, which barely helps at all. Your buddy might have gotten lucky once, but that's the exception, not the rule. Also, if you keep pushing for deletion and they say no, you could end up wasting months arguing while your score stays stuck in the mud. Honestly, just paying off collections in full and then disputing them through the bureaus has worked way better for me, because the debt gets marked as "paid in full" and often falls off after a few years anyway.
10
williamschmidt13d ago
Respectfully gotta disagree here man. I've personally gotten three pay-for-delete agreements honored in the last two years just by getting everything in writing before paying a cent.
3