topic Re: Question about collection agencies that do PFD in Rebuilding Your Credit

Collection agencies that do PFD

Remedios — Thu, 09 Dec 2021 18:11:42 GMT

Please feel free to add your own experience with collection agencies and I'll try to keep the list current.

One big caveat to this list are medical collections. There are other possible ways of dealing with those, so if your CA is not on the "will delete" list, it's still possible to get them removed.

Will delete

LVNV - Changed policy, deletes now. YAY

Jefferson Capital - will delete in exchange for payment. Settling prior to payment is possible.

Portfolio Associates - will delete per statement on their website. Installment payments and settlements get deleted, too

Midland Collections - will delete 2 years after DOFD per statement on their website. Installment payments and settlements get deleted, too

Add Astra - will delete 2 years after DOFD per statement on their website Installment payments and settlements get deleted, too

Williams & Fudge - will delete and will provide letter stating so.

Cavalry Portfolio Services - will delete per statement on their website. Installment payments and settlements get deleted, too

CF Medical LLC - will delete and will provide letter stating so. Must be paid by certain date, okay to settle for less.

AFNI - will delete, irrespective of the age of the delinquency

Phoenix Financial LLC - will delete and send email/letter stating so.

Common Wealth Financial -will delete and provide email stating so

Aargon Agency - will delete, provides letter to submit to CRA, but skip this step so it's not treated as dispute. Deletes in couple weeks

Optimum Outcomes - will delete and will provide email confirming deletion upon payment

First Credit Services - will delete. If you ask CSR about it, they may not even know what you're talking about, but collection gets removed from CR.

MARS, Inc - Will delete

Affiliated Management Services - Will delete

Caine Weiner - Will delete

Fidelity Collections- Will delete, will not provide anything stating that. Updates at the end of the month

Plaza Collections - will delete accounts older than two years

Deville asset management - will PDF, possible to ask for email confirmation, settlements get deleted, too.

Credit Collection Services - will delete in exchange for payment

Choice Recovery - will delete in exchange for payment

The Bureaus Inc - will delete 30 to 45

days after it's paid

Midwest Recovery Systems - will PFD.

IC Systems - will PFD, allow 30-45 days for removal.

FCN (Financial Credit Network) - will delete. Allow 30-45 days for removal

Glass Mountain Capital - will delete

Dynamic Recovery Solutions -will delete

Security Credit Services - will delete

Emergent Business Group - will delete, settling for less than owed, too.

Wakefield and Associates - Will delete

Might delete

Trident Asset Management- some CSR state it wont be deleted, others that it will. One reported deletion.

Source Receivables - If paid in full. Might require some leg work. Recent confirmed report of deletion.

EOS CCA - Will delete with some work

Enhanced Recovery - Really mixed bag. Most deletion occurred when debt paid to OC and asked to be recalled beforehand.

Diversified Consultants - they dont delete, but if collecting for Sprint or ATT, contact OC and ask for collection to be recalled.

Convergent - they dont delete, but possible to pay OC and get it recalled. Contact OC first

Most likely will not delete

National Credit

Allied Business Services

Waypoint Resource Group

Penn Credit

Delivery Financial services

Southwest Credit Systems L.P

Receivable Collection Services

SCA Collections Inc

Re: Question about collection agencies that do PFD

Anonymous — Thu, 11 Jul 2019 14:14:34 GMT

@Remedios wrote:
Do you guys think it would be beneficial to start a list of collection agencies that will do PFD?
Maybe divide them in " will delete", " keep pestering" and " wont happen"
If I google it one more time, I think they will start charging me. It might make it easier to link to a thread vs. searching every time

Also, there is a possibility such list already exists, except I could not find it so, if someone else can, that would work too

Sounds like an amazing idea to me

Re: Question about collection agencies that do PFD

simplegirl — Thu, 11 Jul 2019 14:35:18 GMT

I would definitely do it because so many people ask about the same collection agencies and some threads are so old the poster doesn’t response.

Re: Question about collection agencies that do PFD

FireMedic1 — Thu, 11 Jul 2019 14:35:31 GMT

Go for it! My little SCT threads have helped many aviod problems getting too many SCT cards at once and HP's. Jump on it!

Re: Question about collection agencies that do PFD

Remedios — Thu, 11 Jul 2019 14:38:23 GMT

Okay, so if you start listing them, I'll edit first post as we go

Re: Question about collection agencies that do PFD

Anonymous — Thu, 11 Jul 2019 14:45:34 GMT

EOS CCA - Will delete with some work - Had success with two accounts

Portfolio/Midland - Will delete - Listed on their website

Re: Question about collection agencies that do PFD

simplegirl — Thu, 11 Jul 2019 14:52:43 GMT

The thing that confused me about midland is they will delete 2 years from the DOFD and not from when they bought the account.

Re: Question about collection agencies that do PFD

Remedios — Thu, 11 Jul 2019 14:58:24 GMT

@simplegirl wrote:
The thing that confused me about midland is they will delete 2 years from the DOFD and not from when they bought the account.

We can annotate that next to CA name.

Is Portfolio same way?

Also, will payments in installments and settlements also result in deletion?

Re: Question about collection agencies that do PFD

gdale6 — Thu, 11 Jul 2019 15:00:13 GMT

There is no prior list on this as its only been recently that some are beginning to change their policies on removal of paid off collections. All the PFD requests from credit board users and perusers most likely changed their minds on this (only took a few decades). I dont see a problem with a list as long as its kept current.

Re: Question about collection agencies that do PFD

Remedios — Thu, 11 Jul 2019 15:39:15 GMT

Thank you, @gdale6

Re: Question about collection agencies that do PFD

calyx — Thu, 11 Jul 2019 16:01:56 GMT

This is a great idea, thank you.

Re: Question about collection agencies that do PFD

simplegirl — Thu, 11 Jul 2019 16:50:39 GMT

@Remedios wrote:
@simplegirl wrote:
The thing that confused me about midland is they will delete 2 years from the DOFD and not from when they bought the account.
We can annotate that next to CA name.
Is Portfolio same way?

Also, will payments in installments and settlements also result in deletion?

Portfolio deletes no matter what 30 days after payment. It doesn’t matter if you settle or pay in installments it will just get deleted after last payment. As Astra is the same way as Midland. Source Receivables will probably only do it if you pay in full. National Credit doesn’t answer PFDs.

Re: Question about collection agencies that do PFD

Remedios — Thu, 11 Jul 2019 17:23:53 GMT

Okay, so I've edited the first post so it's less goofy.

Please feel free to add, and I'll do my best to keep the first post updated and as current as possible.

Thank you all for your contributions to the community. You rock (some might even roll)

Re: Collection agencies that do PFD

RobertEG — Thu, 11 Jul 2019 17:25:49 GMT

A possible downside.........

The CRAs official policy, as clearly stated in their common credit reporting manual, the Credit Reporting Resource Guide, is that furnishers should not delete reporting based on payment of a debt, as such subjective deletions result in incomplete credit history files.

They dont consider that to be in their business interest, or in the interest of those seeking complete credit reports.

While I am not aware of any actions taken by any of the big-3 CRAs against furnishers who are openly not complying with that provision of their credit reporting agreements, should they decide to do so, then a comprehensive list of furnishers who routinely act contrary to their credit repporting agreements might be a negative.....

Re: Collection agencies that do PFD

simplegirl — Thu, 11 Jul 2019 17:55:24 GMT

Yeah but some of these CAs state it on their company websites.

Re: Collection agencies that do PFD

FireMedic1 — Thu, 11 Jul 2019 19:17:30 GMT

If you like. I'll grab from the CA's website their policy for your first post. Hmm. No 2 yrs now?

Portfolio: Your account will be considered paid-in-full or paid-in-full for less than the full balance after your final payment is successfully posted. Within approximately 30 days of your final payment successfully posting, we will request the credit reporting agencies delete the PRA tradeline related to your account from your credit bureau report.

Re: Collection agencies that do PFD

FireMedic1 — Thu, 11 Jul 2019 19:19:22 GMT

Midland: Per our policy, we stop credit reporting on accounts that are Paid in Full or Paid in Full for less than the full balance and more than two years past the date of delinquency.

Re: Collection agencies that do PFD

FireMedic1 — Thu, 11 Jul 2019 19:23:29 GMT

Ad Astra Recovery Services, Inc. intends to request the removal of reported tradelines associated with an account that has been paid in full or settled, and where more than two years have passed since the account’s date of delinquency. We may have other obligations under the law to delete a tradeline.

Re: Collection agencies that do PFD

Anonymous — Thu, 11 Jul 2019 23:22:16 GMT

Allied Business Services won't do PFD as I found out yesterday.

Re: Collection agencies that do PFD

Anonymous — Fri, 12 Jul 2019 01:13:12 GMT

AFNI will do automatic PFDs just like Portfolio, from what I know it’s irrespective of the age of the delinquency. I speak from personal experience with them - took about 40 days to disappear from my reports.