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Pay for delete

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Regular Contributor

Pay for delete

Can anyone tell me the process of doing a pay for delete on a collection? How do you know the company would actually delete it from your credit even if you pay it? They could lie and just udate it creating a worse scenario. What protection can you get to be assured it would be removed if you paid ir?

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Message 1 of 3
2 REPLIES 2
Moderator Emeritus

Re: Pay for delete



RichRaven wrote:
Can anyone tell me the process of doing a pay for delete on a collection? How do you know the company would actually delete it from your credit even if you pay it? They could lie and just udate it creating a worse scenario. What protection can you get to be assured it would be removed if you paid ir?


They could not delete, but you'd have the letter from them agreeing to deletion.
Message 2 of 3
Regular Contributor

Re: Pay for delete

at this point you take it to court. if you've used a good PFD letter and they agreed to it, this means you've A. specifically said you have NOT admitted responsibility for the charges and B. you are doing this in an attempt to get your record cleaned up in an expedient fashion.

those actions would never hold up - it doesn't matter if they were right in reporting the charge-off or whatever in the first place. even if they could prove you had an unpaid charge-off that was previously yours, that doesn't undo their more recent action of agreeing to remove the charge-off (implicit in this agreement is the facts that the charge might not have been yours, as asserted in your PFD letter - if they disagreed with what you asserted there, they shouldn't have agreed to the contract you put forth).

the previous disagreement of the facts doesn't undo their most recent action.
Message 3 of 3
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