Can things be removed from your credit history?

I paid off a bill that was in collections. He told me if I sent him an additional $25.00 he can have it removed from my credit report. Is that possible?

No i donâ€™t think so itâ€™s possible?????

it is possible, but absolutely get it in writing first. your creditor can take negatives off the credit report if they were so inclined. you just send the 25 in, and you can kiss it good buy. what you should have done was it it in writing that they will take it off your credit report if you paid off the bill.

No. If you want to dispute charges on your credit history you need to do is with all 3 credit agencies.

The company at times will sell off a collection to an agency in hopes of collection the money. They will at times give a collection agency money to collect on behalf of a company.

If you paid off the debt then you need to go on to all three credit agencies (Equifax, Experian, TransUnion) and have them disputed as paid off. They will launch an investigation and decide if they need to remove it or not.

don't send the $......I've never been told that creditors can remove anything.......I'd check to make sure it's even on your history.........if it is..it's too late .......i'd speak with his supervisor.....he sounds shady to me !!!!!!

Those collections agencies try to intimidate you. They have NO power to eliminate your name from a credit bureau, or whatever they call it where you live. I had to declare bankruptcy once several years ago, and my trustee in bankruptcy said that all those collection agencies can legally do is intimidate you, because most people don't realize that they have no power to take you to court. What they do is pay your debt to the ones you really owed the money to, who pay the agency a fee for that simply by not paying the complete debt. Then they hope to collect the entire amount from you, but since they willingly paid that debt for you, the courts say they have no power to sue you to get it back, since the agency is not the one you owed in the first place. I would not give them another dime, and just wait out the time it takes to get your credit rating back. That's my advice. Good luck. Hope things go well for you.

What Credit Repair Is

Obviously, the goal of credit repair is to improve your credit score and get you back on track financially after past credit problems. A variety of credit repair services exist, providing everything from credit counselling and debt negotiation to debt consolidation loans and budgeting advice.

When used properly, credit repair services can not only help you to get caught up with your bills and on the path to a better credit score but they can help you to avoid bankruptcy and set you up to avoid credit problems in the future.

Credit repair takes time, however, and should never be viewed as a "quick fix" for your credit.

If an offer claims that they can instantly grant you new credit, then it's likely not only bogus but can also get you into legal trouble if you accept it.

Common Types of Credit Repair

As mentioned above, credit repair can take several different forms. Credit counselling services provide assistance with the budgeting and repayment of your debts, and offer advice on simple ways to improve your credit without additional loans. They also often provide debt negotiation, which is the working out of a settlement with your creditors so that you only have to repay a portion of your original debt within a certain timeframe.

Debt consolidation loans are also used for the purposes of credit repair, allowing you to take out a loan in order to pay off outstanding debts and leaving you with a single monthly loan payment instead of several different payments.

Budgeting assistance services are also available to help you get control of your spending and personal finances.

Avoiding Credit Repair Scams

Unfortunately, there will always be unsavory individuals who seek to make money off of those who are in need of assistance.

Any credit repair service that promises instant results or that offers to simply create a new credit report for you should be avoided. what they're really creating is a business tax identification number, and any individual who uses one is in danger of being charged with fraud and possibly other charges.

Credit repair takes time; if an offer sounds too good to be true, then it likely is.

Repairing Your Own Credit

Of course, by paying off old debts and establishing and maintaining new lines of credit you can begin the process of credit repair yourself.

Request a copy of your credit report and check it for errors, and then focus on clearing the debts that appear as negative reports.

It may take years for all of the negative reports to expire, but by preventing new ones while increasing your positive reports your credit score will slowly rise on its own.

If it was erroneous, you can have it removed by the credit bureau after dispute and proving of same but if it was a bona fide bill that you had to pay, only time will remove it.

It is possible, but get it in writting first or you will just waste your $25.00.

negative---you were just scammed...no one and I do mean no one can remove factual accurate information from your credit report....it will stay there for 7 years

I think you may have to wait some thing like 7 years

get everything in writing first. It is possible.

Do not send the extra money.

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