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YES, THE CREDITOR WILL REQUEST FOR EITHER PARTIAL PAYMENT OR FULL PAYMENT. ASK FOR A LETTER STATING THAT THIS COLLECTION WAS PAID IN FULL AND THAT YOU HAVE A ZERO BALANCE. ALSO; REQUEST THAT THIS LETTER STATES THAT THIS ACCOUNT NEEDS TO BE DELETED IN ERROR, SO THAT YOU COULD SEND THIS LETTER TO THE BUREAUS AND HAVE THEM DELETE THIS ACCOUNT OFF YOUR CREDIT REPORT AND RAISE YOUR CREDIT RATING.
No, You will need to write all 3 credit bureaus and request that the information be removed. Credit bureaus are legally bound to remove negative information upon the expiration of such. Unfortunately all credit bureaus are lax in their record keeping and it is indeed often necessary for the consumer to send a letter of dispute containing the pertinent information to have such matters resolved.
In the back of your credit report there is a listing of addresses and phone numbers for each credit bureau.
You can do it yourself, either call the credit bureaus and dispute it or have them send your credit reports and it should be a section where you can send a written dispute and wait 45 days for the results, but this is a continuation, you must repeat the process
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.
No, you only have to send a letter to the credit bureaus that still show a balance. You can dispute the balance and let the bureaus do the work instead of writing a letter.
No.
This will take awhile, but basically you write a letter to each of the three credit bureaus with copies of receipts, your social security number, and signature. The faster way is to have your creditor update the information they send in to the credit bureaus directly.
Credit bureaus and the original creditors have the power to remove late payments. You can contact the original creditor that posted the late payment and ask for them to remove it. They will probably only do this if you have had a good payment history with them. You can also send dispute letters to each of the credit bureaus asking for verification on your negative listings. You can do this yourself or hire credit repair company to do it for you.
YES, THE CREDITOR WILL REQUEST FOR EITHER PARTIAL PAYMENT OR FULL PAYMENT. ASK FOR A LETTER STATING THAT THIS COLLECTION WAS PAID IN FULL AND THAT YOU HAVE A ZERO BALANCE. ALSO; REQUEST THAT THIS LETTER STATES THAT THIS ACCOUNT NEEDS TO BE DELETED IN ERROR, SO THAT YOU COULD SEND THIS LETTER TO THE BUREAUS AND HAVE THEM DELETE THIS ACCOUNT OFF YOUR CREDIT REPORT AND RAISE YOUR CREDIT RATING.
This is the same with every lender, and a common misquoted answer: Before your credit score will be affected by a late payment, you must be 30 days late on your bill. Yet, there is one more caveat, you need to be working with a creditor that actually reports to the credit bureaus. Many creditors do not report to the credit bureaus and have then, a late payment will have no impact on your credit score. That being said, do not assume that is normal, as most lenders do. Typically, creditors that do not report to the credit bureaus, are small banks, utility companies, cell phone providers, and the likes. One point of caution, if you don't pay your small bank, utility bill, or cell phone bill, even though they do not report the payment history to the credit bureaus, they will send your bill to collections and ultimately, that will hurt your credit. Obviously, the best thing to do is to pay your bills each month.
No, You will need to write all 3 credit bureaus and request that the information be removed. Credit bureaus are legally bound to remove negative information upon the expiration of such. Unfortunately all credit bureaus are lax in their record keeping and it is indeed often necessary for the consumer to send a letter of dispute containing the pertinent information to have such matters resolved.
If in the US, then yes. The default will be replaced with paid in full. Simply send proof of the payment to the three credit bureaus.
In the back of your credit report there is a listing of addresses and phone numbers for each credit bureau.
If the judgment was reported to the credit bureaus, the tenant needs to pay it, get the judgment amended to zero by the court, and send that to the credit bureaus. However, the fact that there was a case can never be erased.
Pretty easy. You just need to send a letter to the credit bureaus and tell them that you are disputing the date of last activity on the account. You can find their contact information at www.creditscorehero.com/articles/credit-bureau-contact.aspx
You can do it yourself, either call the credit bureaus and dispute it or have them send your credit reports and it should be a section where you can send a written dispute and wait 45 days for the results, but this is a continuation, you must repeat the process