Re: Now to fix wife's plz help
09-18-2012 12:43 PM
Payment or lack of payment of the debt does not affect the fact of delinquencies and derogs that occur along the way, and is not a basis for deletion.
In fact, just the opposite is true. The CRAs have instructions in their credit reporting manual that information is not to be deleted based upon payment of the debt.
Refusal of a creditor or debt collector to decline a PFD offer is thus actually compliance with their reporting obligation.
They will usually establish an official policy of no deletions to show compliance with the CRA policy. Underlings usually dont have authority to grant exceptions.
Ergo, many PFDs will simply be refused until such time as the offer gets to the desk of a management official authorized to grant any exceptions to their standard policy.