02-23-2010 08:43 PM
anyone have a general idea on how long it should take for a collection to be deleted once it has successfully been gw'd?
i have a letter stating that it will be removed... im just wondering how long does it normally take?
30 days? 14 days? 7-10 business days? or end of that month?... just kinda wanting an idea on how long it took other
members to have theirs removed...just so i have an idea on mine....
02-23-2010 09:06 PM
02-23-2010 09:14 PM - edited 02-23-2010 09:17 PM
Anywhere from 30 to 90 days.It depends on the company you are getting the GW from, on how often they report to the CRA's.
If they report montly, and you just missed the reporting date, right there is 1mo. And then the CRA have to do their thing and
delete it in their computer, and that maybe another month. Credit repairing takes time, just try to have patience.
If not deleted after 90days, contact the company and ask them (gently) when will it be deleted. Why, I said gently is because, you are
still wanting something from them, with nothing in return.Just remember they dont have to do this. Try to keep positive thoughts and
your fingers crossed and toes if you can. LOL
ETA: Wow guiness56, I guess we both were typing at the same time LOL I guess 2 answers the same, is better then none.
02-23-2010 09:19 PM
02-23-2010 09:29 PM
CRAs update the status to deleted upon notification from the CA only.
Collection reporting is solely between the CA and the CRA, You are not a direct party to it.
02-23-2010 09:30 PM
02-24-2010 10:56 AM
thank you all for your responses...
I was really just curious... Definitely don't want to rush them as they're doing something for me...
I just wanted to know how long I should wait before I start to wonder about it...
I'll be here patiently waiting on the deletion...lol..
02-24-2010 11:05 AM
Several months ago, AFNI deleted a collection account. I received a letter from them saying they'd be deleting it from all bureaus.
Within 7 days, it was removed from all bureaus. I echo what others have said and the timing can vary for many reasons.
Just be happy it's being removed and monitor periodically. Hopefully it won't take more than a few weeks to 1 month...
02-24-2010 02:56 PM
02-24-2010 05:23 PM
Chase recently deleted a CO within 48hrs of their agreement. I use american exress credit sercure to check daily during whenever I expect a deletion - this was during my repair process. I say keep checking it might be gone before the end of the week!
congratulations to you any deletion is inspiration to all of us!!!
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.