I've read a lot that pay for deletions seem very hit or miss for individuals. In my case I have 0 outstanding accounts - but am perpetually denied for any and all forms of credit outside of having a cosigner. The total debt owed did not total more than $2,000 owed to 6 different companies - but apparently this is enough to move my credit score below 600 which puts me on par with a crack head in the eyes of a banker. If I paid off several accounts around 3 years ago in full or in settlements - is there any rate of success for having it removed now? I realize that those collection agencies have virtually no reason after receiving my payment to remove it from my account - so I wanted to ask if anyone had insight before I start stacking up certified letters.
Not likely- the main reason PFDs work is because you still have some leverage since the creditor hasn't been paid. After they've got your money and everything is settled, there's really no incentive for them to help you out in any way. Is there inaccurate information on your credit reports regarding any of these debts? If you take a close look at your reports there's most likely something wrong. You could always try disputing the inaccurate information in hopes that the creditor won't respond and the CRAs will delete the accounts.
