Any advice would be helpful. I am closing on April 25th and Commonwealth Financial has put a negative item on my report. Has anyone had any luck with getting an item removed quickly?
Another bottom feeder, they know you cant close till you pay them and that is all they want, they dont want to stop your closing. I would just call them ask them to delete for payment most likely they will do so.
What ever happened with Commonwealth? They popped up on my credit a couple of months ago, I paid them for delete and as of yesterday they had popped back up on Transunion!! We are in the middle of building a house and they just cost me 30 points with TransUnion. I did send the pay for delete letter to Transunion yesterday showing a 0 balance and the deletion verbage. But I am afraid that this dispute wil lbe sitting on my report when we have to go to an underwriter in a week or so.
+1 Make sure you upload the letter to the BBB.
If I'm not mistaken, I believe it is also illegal to reinsert on credit reports once it has been deleted and you can also dispute the reinsertion on that basis.
I had this happen and uploaded old copies of my credit report: First showing the collection, second showing the collection had been removed. The had removed the reinserted entry.
Though if you are closing on a house -- filing a dispute now probably isn't a good idea.