topic Re: Removing a paid collection? in Rebuilding Your Credit

Removing a paid collection?

Anonymous — Wed, 07 Jan 2009 19:13:11 GMT

I had a Sprint account that was in collections. I paid the amount in full directly to Sprint. Now, my CR shows Sprint as a paid collection. What can I do, if anything, to have this account removed from my CR?

Re: Removing a paid collection?

Junejer — Wed, 07 Jan 2009 19:19:29 GMT

Unfortunately, as it was valid, there is not much that we can recommend you do. What you should've done and should do with any other baddies, if there are any, is to PFD with the OC.

The best course of action at this point is to go to the individual/department that you paid and write a GW letter to them.

Re: Removing a paid collection?

Anonymous — Wed, 07 Jan 2009 19:49:18 GMT

Thank you Byrdman for your info. I figured as much but I wanted to hear it from someone with more knowledge them me in the fico world.I do have one question Will it even make a difference to have them remove it now,since its paid.

Re: Removing a paid collection?

Junejer — Wed, 07 Jan 2009 19:56:30 GMT

Yes, a paid collection is no better than an unpaid collection from a scoring standpoint. So, if you can get if removed, then it's better for you. The paid collection does look better than an unpaid collection during a manual review.

Re: Removing a paid collection?

Anonymous — Thu, 14 May 2009 00:03:38 GMT

Can you make a deal with the CA to remove the collection entry by saying it was a mistake, or some other "work around?"