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Take the money?? Likely. Remove the negative?? That will depend on your negotiating skills. Be sure to get it in writing before you pay. Good Luck.

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โˆ™ 2005-02-03 14:43:31
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Q: You have a truck you haven't made payments on for over a year if you pay in full now will they remove the negative mark from your credit?
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Related questions

How do you remove late payments from a credit report?

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.


Will filing a bankruptcy remove a judgment on credit report?

No, a BK does NOT remove negative items in credit reports.


How can you remove a late fee from your credit report if you are caught up with your payments?

Your creditor and the credit bureau are the only ones that can remove late payments. Try contacting your creditor and see if they will do it under goodwill, they sometimes will. You can also dispute it to the credit bureaus and see if they will remove it that way.


What happens to your credit if you miss one payment?

Depends upon whether the credit company submitted a negative mark to the credit reporting bureaus. If they did, it will bring down your score. Contact your lender to find out. They may be willing to remove the flag if you were great with payments before and after.


Is there any way to remove 4-year old late payments from your credit report?

AnswerLate payments can only be removed by the creditor who placed them on there or the credit bureau reporting them. You can contact the creditor and based on goodwill or negotiated a payment, they will sometimes remove the late payments. You can ask for verification from the credit bureaus on them and if they aren't verified with in 30 days, they must be removed from your credit report.


You you're late on mortgage payments we remodified our loan with the same bank all late charges and fees we're waived can you have the late payment's remove from your credit?

The bank and the credit bureaus are the only ones that could remove the late payments. If the bank waived the late payments, they will probably remove them from your credit as well. You will need to contact them to negotiate that. Otherwise you will have to dispute them to the credit bureaus. They will have 30 days to verify them or they must be removed.


How can you increase your credit score do to late payments?

Yes, you can increase your credit score by removing late payments from your credit report. You can either contact the creditor that placed the late payments and ask on good faith to have them removed. Some creditors will remove them if it is a one time occurrence, but most won't. You can also dispute the late payments to the credit bureaus. Depending on how old the are and how severe, they can come off your credit report. This will most likely remove the whole account thought, but 1 late payments is worse than all the good credit you can get from a good payment history.


How do you remove late payments?

Answeryou dont. after seven years, since last activity, the cr. companies will automatically remove the creditor and associated account number. keep in mind that after 6 to 9 mos of no activity on the credit account that creditor will not be part of your credit score but the late payments will still be seen by credit granters.You can remove late payments from your credit report by disputing them to the credit bureaus. Under the Fair Credit Reporting Act, every consumer can dispute any item on their credit report that they believe to erroneous or inaccurate. You may also try and contact your creditors, they have the ability to remove your late payments, but usually won't unless you have a good payment history or will pay off the debt.


How can you remove negative accounts from your credit report?

Have they been paid off,and how old are they?


How do you get credit reporting agencies to delete items from your credit report?

Lexington Law is leading credit repair law firm. Lexington Law offers helps you take action and repair your credit. Lexington Law has helped clients remove millions of collections, late payments, cahrge offs, liens, bankruptcies & more from their reports LET A LAW FIRM REMOVE YOUR NEGATIVE ITEMS FROM YOUR CREDIT REPORT. Remove spaces ) ht tp s:// yazi ng .com/ deals /lexin gtonlaw /Diezenoc


How can one remove debt from your credit report?

The easiest way to have debt removed from your credit file is to pay the debt which also show that you can make & keep to payments. You can also negotiate with the company the debt is with to remove this debt.


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.

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