Credit Card Center Advertiser Disclosure†
03-10-2014 07:44 AM
I sent out a pay for delete letter to a collection bureau which carried 3 old medical bills of mine. They wrote me back saying, " they would make an endeavor to make a request for deletion to the consumer reporting agencies, upon receipt of the payments", but "do not have control of the timeframe in which they process the request."
Does this sound like a typical response. Would they actually ask for a deletion? I thought their contract with the CRA's didn't allow this?
Also, after paying the collections, what should my next step be? Do I need to send out a dispute to the CRA's about these 3 items and hope that the collection agency does not respond in back to them so that they will delete them? Or would the collection bureau actually send out a request for delete?
03-10-2014 07:53 AM
To me it sounds like they are saying they will delete upon payment but cannot guarantee it will be updated overnight.
If you choose to pay then I would give them 30 days to update. Do not dispute with the CRAs and say "the company agreed to delete" - this is not permited under their agreement.
03-10-2014 07:55 AM
03-10-2014 08:05 AM
Thanks for the replies.
So you think the collection agencies actually send out "requests for deletes" or would they more typically not respond within 30 days of a dispute, if they actually were going to fulfill their end of the agreement?
03-10-2014 08:09 AM
All three balances are at $0 now, so it looks like they updated, but not deleted. That's why I asked if I needed to pursue with a dispute to the CRA's , basically saying that these are not mine, not that the bureau agrred to delete for payment.
03-31-2014 06:45 AM
I need to PFD on some medical collections myself. Would you be willing to share your example letter with me in PM? Thanx
04-03-2014 11:51 AM
This is basically the same as another letter I found on t his forum, but I have deleted some items and obviously included my personal info.
January 27th, 2014
To: XXX Collection Bureau
Re: Collection Account for
Account # 1
Account # 2
Account # 3
To Whom It May Concern:
This is not a dispute of accuracy of credit reporting, and is not an admission of validity of the above debt. It is an attempt to resolve remaining issues concerning your collection on the asserted debt.
In the spirit of compromise, I am willing to pay these accounts IN FULL if you agree to immediate deletion or early removal of these accounts from any and all credit reporting agencies (Equifax, Experian and TransUnion). The purpose of this settlement is merely to have these items removed from my credit files. It is not to be construed as an acknowledgment of liability for these debts in any form.
If you agree to the terms and accept this agreement, certified funds for the settlement amount of Five Hundred & Ten dollars ($510.00) will immediately be sent to XXX Collection Bureau in exchange for full deletion of ALL references regarding the above accounts from my credit files and full satisfaction of the debt.
If you agree to the above, please send correspondence agreeing to the same terms as the above settlement offer, signed by an authorizing agent.
Please address all correspondence regarding these accounts to:
04-03-2014 12:09 PM
It is best to keep the CRA entirely out of any PFD issues. PFDs are contrary to their policy of retaining accurate information in their files.
Sending them a request to delete based on the furnisher agreeing to do so in exchange for payment of the debt is asking them to intervene and delette for a reason that is directly contrary to their policy.
If the debt collector simply reports deletion of their collection to the CRA, they need provide no reasons. The CRA would have no basiis to question the deletion.
A debt collector would be a bit less than smart to force the consumer to notify the CRA that they have made such an agreement.
Thus, the process is, in my opinion, to enforce your private agreement with the debt collector as a contract issue, not to involve the CRA in the matter.
It is also a poor business practice on their part, so a complaint to the BBB would be appropriate.
It is not a violation of the FCRA, so I would not involve the CFPB.
06-10-2014 12:23 PM
I know it's very soon since, but have you noticed if your score has been affected in any way since these were paid? I have numerous I plan to tackle in the next few months, and I'm hoping that will improve my score.
After 3 months all 3 of the collection accounts have been deleted. Worked like a charm.
Thanks for all the good info on this forum.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.