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Can 30-60 days late payment history be disputed or removed from your credit report after the account has been closed?
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∙ 15y ago
yes
Wiki User
∙ 15y ago
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If a debt is reflected on your credit report by a collection agency can the original creditor recall their collection allowing you to dispute the debt with the credit bureaus and have it removed?
YES, THIS COLLECTION ACCOUNT CAN BE DISPUTED; WHICH MEANS THAT AFTER THIS IS DISPUTED YOU CAN ALSO REQUEST FOR THIS ACCOUNT TO BE REMOVED FOR GOOD WITHOUT HAVING TO WAIT FOR THE SEVEN YEAR PERIOD. THIS WILL ALLOW YOU TO HAVE A CLEAN CREDIT HISTORY WHICH IN TURN INCREASE YOUR CREDIT RATING.
If something is disputed and removed from your credit report can a different collection agency re-submit the same account?
yes, unless the original creditor has been disputed.
Is it better to have an account removed from your credit report completely or to negotiate for 'Paid As Agreed'?
In the case of a collection account, it is always in your best interest to have the tradeline completely removed from your credit report as opposed to having it show paid. If the account is NOT a collection or P&L, then the opposite may be true. Let's say you have a credit card with 6 late payments being reported to your credit history. You negotiate with your creditor to have all the late payments removed from the tradeline, showing that it has been paid as agreed, never late. This would be better then to have the entire tradeline removed, as the now clean payment history will help to raise your FICO score. Having it removed will not have as positive an effect. You will lose all the credit history associated with the tradeline, as well as (if it is a revolving account), available credit. Not having sufficient credit history can be just as detrimental as having bad credit. Hope this helps!
How do you get a negative collection account to report positive on a credit report?
In order to repair an account you need to have the part of the account which is derogatory deleted. For example, If you have an account with a late payment, that late payment would either have to be removed or repaired for the account to become positive. Here are some tools to get this accomplished: 1. Goodwill intervention 2. Late payment validation 3. Escalated info request 4. FTC Complaint followed by another late payment validation You can either do this all yourself or you may hire a Credit Repair Company to do this for you.
Will a credit card company remove late payments from your account if you call them?
They can, but they don't have to. They usually will if you have had a good payment history with them in the past. If you have been late a lot, you can try to negotiate to pay off the debt to remove the late payments.You can also try and dispute the late payments to the credit bureaus. If they don't verify it with in 30 to 45 days, the late payments must be removed.
Can you get a late payment removed from your credit report?
A late payment can be removed from your credit report. Any information you believe to be erroneous or inaccurate can be disputed with the 3 major credit bureaus and if that information is not verified, it must be removed.
If paid medical accounts are listed as charge offs can they be removed or at least not shown as charged off?
Sorry, No. Payment in full of any type of account will not change the payment history.
If a debt is reflected on your credit report by a collection agency can the original creditor recall their collection allowing you to dispute the debt with the credit bureaus and have it removed?
YES, THIS COLLECTION ACCOUNT CAN BE DISPUTED; WHICH MEANS THAT AFTER THIS IS DISPUTED YOU CAN ALSO REQUEST FOR THIS ACCOUNT TO BE REMOVED FOR GOOD WITHOUT HAVING TO WAIT FOR THE SEVEN YEAR PERIOD. THIS WILL ALLOW YOU TO HAVE A CLEAN CREDIT HISTORY WHICH IN TURN INCREASE YOUR CREDIT RATING.
If something is disputed and removed from your credit report can a different collection agency re-submit the same account?
yes, unless the original creditor has been disputed.
How do you get a lender to remove late payments from your credit report?
You can contact the lender and ask to have the late payment removed. They might remove it if you have had a good payment history in the past with them. You could also negotiate to pay off the balance to have it removed.You can send dispute letters to the credit bureaus asking for verification on the account. If the account is not verified with in 30 to 45 days it must be removed.
How do you delete old credit report information?
You cannot delete accurate credit report information, such as payment history or account status. However, negative information that is inaccurate or outdated can be disputed with the credit bureaus to have it removed. It's important to regularly review your credit report and address any inaccuracies promptly.
Is it better to have an account removed from your credit report completely or to negotiate for 'Paid As Agreed'?
In the case of a collection account, it is always in your best interest to have the tradeline completely removed from your credit report as opposed to having it show paid. If the account is NOT a collection or P&L, then the opposite may be true. Let's say you have a credit card with 6 late payments being reported to your credit history. You negotiate with your creditor to have all the late payments removed from the tradeline, showing that it has been paid as agreed, never late. This would be better then to have the entire tradeline removed, as the now clean payment history will help to raise your FICO score. Having it removed will not have as positive an effect. You will lose all the credit history associated with the tradeline, as well as (if it is a revolving account), available credit. Not having sufficient credit history can be just as detrimental as having bad credit. Hope this helps!
How do you get a negative collection account to report positive on a credit report?
In order to repair an account you need to have the part of the account which is derogatory deleted. For example, If you have an account with a late payment, that late payment would either have to be removed or repaired for the account to become positive. Here are some tools to get this accomplished: 1. Goodwill intervention 2. Late payment validation 3. Escalated info request 4. FTC Complaint followed by another late payment validation You can either do this all yourself or you may hire a Credit Repair Company to do this for you.
Can you have a late payment removed from your credit because you're a merchant marine?
You can't have it removed for being a merchant marine, but it doesn't hurt to contact the creditor and tell them your situation. They will sometimes remove late payments based on previous payment history and/or goodwill. You can also dispute it with the credit bureaus and try to have it removed that way.
How do I remove a collection item on my credit report that was disputed but not removed?
Only the collection agency or the credit bureaus can remove a collection off a credit report. You can negotiate the removal of the collection off the credit report upon final payment of the debt owed. Some collection agencies have policies against this, some don't. You can also redispute it to the credit bureaus as many times as they will let you. It has a higher chance of being removed if it is paid off and an older account.
What do you do if an account was turned over to a collection agency but the original creditor accepted your payment in full?
Contact the original creditor. Provide proof of your payment. They need to retract the account from the collection agency. The account could have been sold to the collection agency or simply assigned to them. For your purposes, it does not matter which situation applies. You paid the original creditor and your credit report needs to reflect this. After they do what they need to do to get the account back; you then dispute the entries with all three credit bureaus. The original account should show as a paid collection and the other collection account should be removed from your credit report entirely.
How can you have your former husband's name removed from a line of credit that is linked to your personal checking account so he is not responsible for liablilty or credit reference?
A joint account holder cannot be removed from the account, the account will have to be closed.
