I am trying to clean up my credit score after being out of the country for a while. I registered with Experian and I have a couple of items I do not understand completely. Can someone help with the following: 1. How do I get rid of "Accounts listed Negative" (these are listed because I was late or failed to pay on the agreed day/amount)? 2. How do I get rid of "Most negative status" (I failed to pay)? On both of these, I am not sure what they are in reference to. 3. If I have a two different accounts that are in collection (one for about $800, the other for $2000), what should I do? I do not know what they are for to be honest. Can I make a "deal" to pay them off for a reduced amount? Any help in getting my credit score cleaned up would be much appreciated! Thank you David
Welcome to Creditnet! If there's anything on your credit reports that you think is inaccurate or incomplete, you always have the right to dispute it through the CRAs. In many cases that will be your first step, and it can often result in the negative mark getting deleted from your credit reports if the CRAs are unable to verify the information. Now, regarding the collections, I'm assuming you haven't received any communication from the CAs regarding these debts. How old are they and are they for charged-off credit cards? You may be able to negotiate their removal in return for payment, but please give us some more information about these collections and then we can help you devise a strategy.
Information on your credit report can be reported as long as it is 100% accurate, complete, and verifiable. So, you want to look at every tradeline and see if there are anything there that stands out as being inaccurate, incomplete, or unverifiable. The first step, if you don't know what something is, send a letter to whomever is reporting it, simply saying however you feel comfortable. I just received my credit report from _________, on date, it's saying that you're reporting something about me, and I have no idea who you are, or what that information is regarding. Please provide me with complete information validating this alleged debt, in its entirety.
