removing collections

Anonymous · ‎07-10-2012

I need help on what to do to get 4 collection accounts off of my credit within 3 months I am buying a home and need help. I have 2 medical with Central Fin. that are $1032. and $126. another one with Jefferson for $640 another with Asset Accept. for $993 and one with RJM for $1090.00 What is the fastest way to get them deleted off?

Anonymous · ‎07-10-2012

All collections are from 2007

apandabear · ‎07-10-2012

First steps would depend on their status..

Are these paid collections? Or is that their current balance?

What Steps Do I Take? Do I DV? PFD?

If they are unpaid, you might have to pay them, depending on your lender.

2009-10 - C/Os
2011 - Debts paid, no open credit
2012 - Rebuilding started, secured cards opened, SL rehabbed - EQ myFICO 636
2014 - 10k Discover, 3.5k Freedom, AmEx Green, SL, Auto Loan - EQ myFICO 695

Anonymous · ‎07-10-2012

Pay them in full???

jordanmedical · ‎07-10-2012

I know RJM is really good about PFDs.

-Rebuilding with CapOne Cash: $1.5k, NFCU cashRewards $8.5K, NavCheck $5K, Wal-Mart: $1.1K, Sam's: $1.2K, Amazon: $1.9K, Apple Barclay: $3K, Haverty's: $1.5K, GE capital: $5K, Sears: $250(AU), PP MC:$1.5K, CareCredit:$3K (closed 1st home 05/08/13)

Starting Score: 492-TU04, 480-EX FICO V2, 467-EQ Beacon 5 (Via Mortgage PreQual March '12)
Current Score: EX,EQ,TU (lender pull): 652, 659, 689, Walmart TU FICO: 691 (05/13)
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lovinglife201212 · ‎07-10-2012

I'm loving this forum so far. Can someone please send me the link with the abbreviations for this forum. I'm having a hard time understanding what im reading.

trix_r_4_kids · ‎07-10-2012

+ 1 on RJM and PFDs

I used to post my scores here. However, I'm prone to motion sickness and the ups and downs were nauseating.

trix_r_4_kids · ‎07-10-2012

PFD = Pay for Delete. Essentially, you send a letter to the CA saying that in exchange for payment, they will delete the account. Do a search for "PFD Letter" for examples.

I used to post my scores here. However, I'm prone to motion sickness and the ups and downs were nauseating.

lovinglife201212 · ‎07-10-2012

Thank You so much :-)

MarineVietVet · ‎07-10-2012

@lovinglife201212 wrote:
I'm loving this forum so far. Can someone please send me the link with the abbreviations for this forum. I'm having a hard time understanding what im reading.

Welcome to myFICO. Here is a list of Abbreviations.