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Portfolio Recovery deleted on it's own!!!

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New Contributor

Re: Portfolio Recovery deleted on it's own!!!

Just checked my Experian credit report after reading this post and my Portfolio Recovery collection has also been removed! I'm excited!

 

Does anyone have a link to the post where it mentions that Portfolio Recovery is deleting paid collections? I paid off my collection in May 2017 and have been on a goodwill campaign to get bad items removed since then. 

Message 11 of 27
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Regular Contributor

Re: Portfolio Recovery deleted on it's own!!!

Not sure if it’s true, I have a paid account on my report but will send them letters







Message 12 of 27
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Frequent Contributor

Re: Portfolio Recovery deleted on it's own!!!

@Civil The new policy just started on 10/17 you should check your reports again in a few days.  They are definitely deleting paid and settled accounts from reports.  It has been deleted from all my reports.

Cards in my wallet: Quicksilver One $1,000.00 Merrick Bank $1,500.00 First Premier $1,025.00 Credit One $1,200.00 Kohls $700.00 Victoria Secret $500.00 NY & Company $750.00 Williams Sonoma store card $2,500.00 PayPal Credit $1,500.00 Alphaeon Credit $6,000.00 Fortiva credit 1,000.00. PayPal credit 2,400.00.

src="https://ficoforums.myfico.com/t5/image/serverpage/image-id/33675i85072060A7E9ED9F" border="0" title="Silver Garden Club Member" width="40" height="40" align="right">
Message 13 of 27
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Established Contributor

Re: Portfolio Recovery deleted on it's own!!!


@kiea wrote:

@Civil The new policy just started on 10/17 you should check your reports again in a few days.  They are definitely deleting paid and settled accounts from reports.  It has been deleted from all my reports.


Any idea what made them change?




FICOBeginning (6/2017)Current
Equifax636707
Transunion627725
Experian623726
Message 14 of 27
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Frequent Contributor

Re: Portfolio Recovery deleted on it's own!!!

No, I don't.  They are probably trying to get more people to pay their balances by offering the option to pay to delete.

Cards in my wallet: Quicksilver One $1,000.00 Merrick Bank $1,500.00 First Premier $1,025.00 Credit One $1,200.00 Kohls $700.00 Victoria Secret $500.00 NY & Company $750.00 Williams Sonoma store card $2,500.00 PayPal Credit $1,500.00 Alphaeon Credit $6,000.00 Fortiva credit 1,000.00. PayPal credit 2,400.00.

src="https://ficoforums.myfico.com/t5/image/serverpage/image-id/33675i85072060A7E9ED9F" border="0" title="Silver Garden Club Member" width="40" height="40" align="right">
Message 15 of 27
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Contributor

Re: Portfolio Recovery deleted on it's own!!!

Probably bombarded by all of the Goodwill Request. LOL!!!

August 2018- Equifax 658 TU 651 Exp 659
October 2018-Equifax 703 TU 701 Exp 706
January 2019 Equifax 708 TU 704 Exp 710





Message 16 of 27
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Regular Contributor

Re: Portfolio Recovery deleted on it's own!!!

Or possible litigation or complaints. They already posted off regulators in the past so might just be doing the right thing. Lol I know. Still waiting for transunion to drop off. Came off experian and equifax quickly.
Fico 8 Exp 598 Transunion 598 Equifax 596 (7/18/18)
FICO 8 Exp 609 TransUnion 622 Equifax 617 (8/10/18)
FICO 8 Exp 643 Equifax 641 Transunion 655 (9-10-18)
FICO 8 exp 630 Transunion 646 Equifax 627
Fico 8 Exp 646 Transunion 639 Equifax 640 (11/1/18)
Fico 8 Exp 698 Transunion 716 Equifax 690 (1/8/19)
Message 17 of 27
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Frequent Contributor

Re: Portfolio Recovery deleted on it's own!!!

I can confirm, Today I settled two collection accounts with PRA and spoke to a manager and she confirmed to me that they have a new policy set in place as of last week, and after the payment has cleared they will submit a request to delete the accounts from the CRA's.  We shall see what happens in the next month or so.


Starting Score: 589 / TU: 600
Current Score: 696 / TU: 696
Goal Score: 700 / TU: 700


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Message 18 of 27
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New Visitor

Re: Portfolio Recovery deleted on it's own!!!

Same here credit builders!! I was so blasted excited! My Transunion score went up 54 points. Thank you Lord!
But I did notice that the original collection for cap one is still on my report. Does anyone know if this will be removed as well?
Message 19 of 27
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Regular Contributor

Re: Portfolio Recovery deleted on it's own!!!

I noticed the same happened with EQ report. I thought it was just because of my special circumstance but apparently its working for everyone. I'm hoping it stays that way and it comes off TU and EX.

Starting CK FAKOS 6/28/2018
TU 503
EQ 498
Discover EX 537

FICO Score 8 7/7/2018
EX 557
TU 566
EQ 514

Current FICO Score 8 as of 6/29/2019
EX 653
TU 652
EQ 611

Goal Score 675
Message 20 of 27
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