Hello All, Let me just say that I joined this forum about a year ago and it has helped me tremendously in improving my credit. My goal now is to get to 700, I'm at 650's right now. Anyways. I did a search for how to remove paid collections on your credit report but I didn't find how to if the collection is paid. This collection was from Capital Management LP in 2004 (Comcast bill), I paid the collection in 2005. I was 20-21 at the time. This is affecting my credit, and I would like to get this removed as it is the only collection on my credit report. I would like to be able to start a family and all that fun stuff but without proper credit it won't be possible. How should I proceed in attempting to remove this from my credit? I have read that people have had success with these issues with goodwill letters. But who do I contact, the collection agency or Comcast? Thank you in advance for your help!
You would have to contact whoever is actually reporting it - sounds like the collection agency. Have you disputed it at all?
Try disputing the entry with thr CRA as "not mine". While they "investigate" they will remove that item from your credit report. Chances are that the outfit will not "verify" the account as you paid it and then it will stay off the report. But dispute the item by a CMRRR letter, and not online. Online disputes have a habit of getting lost in cyber/outer space.
Thanks for the responses! I have no disputed it. I paid it back in 2005 as soon as I could. Should I just write the collection agency a letter saying please remove this item from my credit report? It is reported as paid, but just having it on their hurts my credit.
Like I said in my previous post dispute the entry with the CRA. Collection agencies have a habit of keeping credit histories in the toilet. As I mentioned once you dispute the entry with the CRAs they will remove the item while they investigate and chances are that the collection agency will not verify/resubmit the entry.
Just write a simple dispute letter like: To whom it may concern, I am disputing the entry (whatever it is). It's not mine. Sincerely
No. As greg1045 said, keep it short. Don't use the sample letters, just send a one-sentence letter telling them it isn't yours. It might also be a good idea to include the information listed on your report -- creditor / CA name and account # at the least. This way they can never say "he never told us which item he was disputing". It's up to you if you want to use CMRR or not. Personally if it's not in the 30-day window, I'd save the $6 and send a regular letter. If they ignore it, then do the CMRR. Either way, it's up to you.
Thank you both for the replies! On my credit report, there is no account number, just the last 4 digits of the account number. Will this be okay? So I send a letter to the three credit bureau's and dispute it keeping it short and sweet? Thanks!
Here is what I would do: Make a copy of the page that reflects that acccount from all three credit reporting agencies. Highlite the item completely, and with that send them the short letter.
i have a follow-up to this. my wife has a paid charge-off on an AmEx corporate card from less than a year ago that is affecting her credit. even though it is a factual negative, is it worth disputing, and, if she does dispute it through each of the CRAs, will this affect the date of last activity? in other words, if she tries to dispute it and it stays on, can that make it so the negative becomes more "recent" and ends up hurting her credit score more than if she did nothing at all? hope that makes sense. thanks.
