topic Delete after paid in Rebuilding Your Credit

Delete after paid

Shellie — Wed, 15 May 2013 14:25:47 GMT

I have ben working to repair my credit over the past two years by not letting anything negative getting reported and the past year working to pay things off. I paid off a few debts I had with a hospital. They had already went to collections but I paid the hospital directly, not the collections agency. I paid these prior to really reading and learning about the process of repairing my credit tho. My question is, is there any way to get them deleted now? They were sold to Central States Recovery. I am in Oklahoma. I apologize in advance as I am not fully up to speed on the all the terminology used when talking about this stuff. Any information is greatly appreciated.

Re: Delete after paid

DaBears — Wed, 15 May 2013 15:09:36 GMT

According to the credit reporting guide the CA must delete their trade line once the unpaid debt is paid to the OC.

Re: Delete after paid

Shellie — Wed, 15 May 2013 15:17:05 GMT

I spoke to the collections agency this morning and they said just bc I paid it doesn't mean it comes off my report. That is isn't their policy to remove it. I am not extremely educated in this whole system. I am learning tho. Thanks for your reply. Any additional help would be greatly appreciated.

Re: Delete after paid

DaBears — Wed, 15 May 2013 15:18:19 GMT

I would file a formal complaint to the FTC.

Re: Delete after paid

Shellie — Wed, 15 May 2013 15:24:45 GMT

Just some additional information. The debts were from 2011 I believe. And I paid them on March 07,2013 and the collection agency shows them being paid 3/12/13 but this is 5/15/13 and they still show up with a balance on my report.

Re: Delete after paid

DaBears — Wed, 15 May 2013 15:28:00 GMT

Did you settle or paid in full?

Re: Delete after paid

Anonymous — Wed, 15 May 2013 15:30:30 GMT

@DaBears wrote:
According to the credit reporting guide the CA must delete their trade line once the unpaid debt is paid to the OC.

Not exactly. It says if the debt is returned to the OC then they have to delete. Or if a JDB sold the debt it has to be removed.

Re: Delete after paid

Shellie — Wed, 15 May 2013 15:30:55 GMT

My credit score was 595 but has steadily fallen to 568 in the past 2 months. The only thing I can account this to is that my 1 credit card with a $300 limit had a balance of around $239 up from $198. And I had a car dealership "shotgun" my credit. I have gotten that cc paid down to around $175. I am now aware of the impact on having a balance with in that high of ratio to available credit. I will have it paid down to a $10 balance within the month. I'm hoping for a substantial increase in credit score.

Re: Delete after paid

Shellie — Wed, 15 May 2013 15:32:03 GMT

I paid in full to the original creditor. I never even contacted the collections agent until this morning. Over 2 months after the bill was paid.

Re: Delete after paid

Anonymous — Wed, 15 May 2013 15:35:38 GMT

What do you mean by "shotgun". Never heard that before.

If you paid the OC they are responsible for telling the CA. However, since it is paid and the CA is showing a balance due you can dispute as paid. It will only update the TL to reflect paid unless the CA doesn't respond to the dispute.

Re: Delete after paid

Shellie — Wed, 15 May 2013 15:40:49 GMT

Shot gunning is when those car dealers who offer help to people with less than perfect credit help getting a vehicle send your app out to say 20 lenders and they pull your credit. I talked to one dealer and had around 20 pulls show up over the next week and a half, even after I had told them I was not interested in buying a car from them.

Re: Delete after paid

Anonymous — Wed, 15 May 2013 15:45:11 GMT

If you just went in looking and never filled out an application they cannot pull your credit. I would tell them to have all those deleted and if they don't file a complaint with the FTC.

Re: Delete after paid

Shellie — Wed, 15 May 2013 15:50:07 GMT

I called them about and they won't even admit that they are the ones who did it. Even tho I never spoke to any other places. I was under the impression that a "soft" pull was supposed to fall off a a couple months. Is this accurate? What counts as a hard vs soft pull?

Re: Delete after paid

Anonymous — Wed, 15 May 2013 15:50:06 GMT

A soft pull only you can see. No creditors can see it and they don't hurt your score. They are removed after one year.

A hard pull is when you apply for credit and everyone who pulls your credit can see them. They count against your score for 1 year but stay on your CR for 2.

Re: Delete after paid

Shellie — Wed, 15 May 2013 15:58:32 GMT

I really appreciate all the help. I am afraid I am at a loss with the CA taking it off my credit report.

It is very overwhelming to repair your credit to say the least. I was hoping to buy a house this summer but it's looking like it may not happen quite as soon as I'd like.

I can't find a definitave answer for how long things stay on your credit report. I have a auto repo that one of my reports says will come off at the end of this year, December I think, but when I spoke to a person about getting a home loan she said that's not the case. Even tho they say that she rarely sees it actually happen. I am in Oklahoma. I have two that I am really not sure what to do about them. I don't have the money to pay them off in full. I have a tax lien for around $2900 and the repo is around $4000. I hoped I would have a shot getting the lien removed from my credit bc I was married and a stay at home mom at the time but the more I read the less likely it sounds that I have any ground to stand on.

Re: Delete after paid

Anonymous — Wed, 15 May 2013 16:11:37 GMT

Negative items like charge offs, repos, and collections stay for no longer than 7.5 years from the DoFD. If they haven't been excluded by the last date they can legally stay you can dispute as obsolete.

If an item is supposed to be exluded they normally are, even a bit early in some cases. The CRAs don't want to be in violation of the FCRA.

As for the lender telling you that, I don't know why she would. The only thing that can stay indefinitely is the tax lien.

I would contact the IRS and see about filing as an injured spouse. From what I gather, you did not work and it is based on your spouses income but you are on it because you were married.

I know it worked for my daughter.

Re: Delete after paid

Shellie — Wed, 15 May 2013 16:18:11 GMT

The lien is a state lien. There was also a federal lien for the same year but the IRS took my refund and that one was paid several years ago, in 07 I think. I have been in contact with the OK tax commision and they told me to file for a "innocent spouse relief" ( I think thats what it was called). I did all the paperwork for the injured spouse for the Federal one back in 06 but was denied. I read up a little avout the state lien and the spouse relief and it says you must prove you didn't know about it and didn't benefit from it. I signed the taxes that year bc we were married and we had joint accounts so any funds from any sources went into that account. So I'm not sure if I stand a chance.

Re: Delete after paid

Anonymous — Wed, 15 May 2013 16:22:15 GMT

Regarding the CA, first I would dispute the balance with the CA since you said you paid the OC. If they do correct it, it should help our util ratio. Once they update the balance you should write goodwill letters to both the CA and OC to have the tradeline removed.

Re: Delete after paid

Shellie — Wed, 15 May 2013 16:26:11 GMT

The report shows only date of last activity as12/06. I'm almost positive that the last payment was made July or August of 06. (Husband went to work and didn't come home in July 2006 and I was a stay at home so I had no income of my own to pay the payment. I think they did the actual report in October or maybe November of 2006, they didn't waste any time). I am afraid to call on any of the stuff on my credit report bc it seems like when you do call they report it like it started from the date you made contact with them and I don't want to re-start any of these collections!

and no, husband didn't die or anything like that. He just decided he didn't want to be a husband or father any more, I guess. He failed to give me the heads up on that one.

Re: Delete after paid

Shellie — Wed, 15 May 2013 16:29:22 GMT

How often do you all pull your report? My last one is from 3/18/13 I think. I think I have one free pull left on here but I was trying to save it for July, since that is when several of the lines are supposed to fall off. I can't pull from annualcreditreport.com until August for my yearly free one.