How to remove your a collection account without hurting your credit score. The following is a review of how to best maintain your credit score when deleting a collection account for any reason.
The initial narrative in this review will be delivered by taking an example of a case. As an case example; "Your beloved partner has just received a collection letter from her credit card collection agency, complete with the account number and a debt of $250. Previously, she never received a telephone or letter about this amount from the original creditor. And even she did not know the date or purchase she canceled a number of credit card accounts in the past ... but didn't know who that was. Is there a way to pay that amount without going to a collection agency or injuring her perfect credit score?"
First, you need to get your girlfriend's current credit report and see if the account is reported as a collection. Very likely because she was contacted by a collection agency. However, it is very important to know whether it is in her credit report because it will determine how the situation should be handled.
If it has not been reported, you should immediately contact the collection agent by mail. Don't deal with these people by telephone. Write a letter stating that you will pay off the collection in full if they agree in writing that the account will not be reported to the 3 credit reporting agencies. Also, in the letter make sure she does not acknowledge that the account belongs to her. Send everything by official letter.
If the account has been reported to the credit agent (more likely) then he needs to do two things.
The reason you want to argue right after you send the letter is because the Fair Debt Collection Practice Law prohibits collection agencies from responding to any debt requests while you have requested that the debt be validated. That is the reason when the credit agent contacts the collection agent, in this case to verify the deposited account, then legally, the collection agent cannot respond and the credit agent will be forced to delete the account from your girlfriend's credit report. https://bit.ly/2veSoj4
The initial narrative in this review will be delivered by taking an example of a case. As an case example; "Your beloved partner has just received a collection letter from her credit card collection agency, complete with the account number and a debt of $250. Previously, she never received a telephone or letter about this amount from the original creditor. And even she did not know the date or purchase she canceled a number of credit card accounts in the past ... but didn't know who that was. Is there a way to pay that amount without going to a collection agency or injuring her perfect credit score?"
First, you need to get your girlfriend's current credit report and see if the account is reported as a collection. Very likely because she was contacted by a collection agency. However, it is very important to know whether it is in her credit report because it will determine how the situation should be handled.
If it has not been reported, you should immediately contact the collection agent by mail. Don't deal with these people by telephone. Write a letter stating that you will pay off the collection in full if they agree in writing that the account will not be reported to the 3 credit reporting agencies. Also, in the letter make sure she does not acknowledge that the account belongs to her. Send everything by official letter.
If the account has been reported to the credit agent (more likely) then he needs to do two things.
How to remove collection account without hurting credit score.
First she must write a debt validation letter addressed to the collection agency. These letters must be very simple. Simply have them verify the following information:- Name and address of original creditor.
- Detailed information that shows how "Debt Balance" has been calculated.
- Proof that the statue's restrictions as defined by the Country [your country] have not expired.
The reason you want to argue right after you send the letter is because the Fair Debt Collection Practice Law prohibits collection agencies from responding to any debt requests while you have requested that the debt be validated. That is the reason when the credit agent contacts the collection agent, in this case to verify the deposited account, then legally, the collection agent cannot respond and the credit agent will be forced to delete the account from your girlfriend's credit report. https://bit.ly/2veSoj4
