12 Sample letters to repair your bad credit

Submitted by Richard on Tue, 08/19/2008 - 07:13
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Credit is one of the major factors that make up everyone's daily lives. If your credit is somehow affected, you will face a large number of problems. So you should always try to repair your bad credit before it gets to be too much for you to handle. There are two options available to repair your bad credit – you can get help from a credit repair company, or you can repair your credit by yourself. Letters of credit will help you to repair your credit by yourself.

Most of our members have asked for sample Letters of credit that will enable them to repair their own credit. Here are some links that will take you to the sample Letters of Credit shared by our community members.

  1. Dispute letter to the credit bureau
  2. Cease and desist letter
  3. Intent to file lawsuit against creditors/CA
  4. Intent to file lawsuit against credit bureau
  5. Letter to creditor for removing a hard inquiry
  6. Letter to credit bureau for removing a hard inquiry
  7. Debt validation letter
  8. Debt validation follow-up letter
  9. Pay for delete letter
  10. Account reaging letter
  11. Loan modification letter/Hardship letter
  12. Summons response form letter
chelsia831

do you have a sample letter from collection agency indicating a balance or debt is paid in full?

Fri, 08/29/2008 - 17:49 Permalink
anthony

Hi Chelsia
Creditors or the collection agencies do not generally send you letters confirming that your debt is fully paid. To verify whether they have updated with the credit bureaus, you need to pull out your credit report and check it. Normally the credit report is updated as "paid" as soon as you pay it off. However, if they have not updated it, you can send dispute letters to the bureaus asking them to remove the listing.

Tue, 09/02/2008 - 12:05 Permalink
carol

Hi Hitesh
First of all why do you require such letter? Is it because you have fallen behind your mortgage payments and you want to avoid foreclosure. If it is the case, then you need to send a hardship letter to the creditor. If you want to get a sample hardship letter/loan modification letter, you can visit the link loan modification letter

Mon, 01/26/2009 - 06:20 Permalink
Tammy (not verified)

I sent a verification of debt letter and have not heard anything and it has been over the 30 days. What other form of letter do i need to send?

Fri, 03/06/2009 - 21:41 Permalink
carol

You need to send a debt validation letter and not a debt verification letter, to the creditor. Debt validation means that the creditor or the collection agency must prove that they own your debt. As a proper debt validation they should send you a copy of the original agreement form and the details of the outstanding bills.

Mon, 03/09/2009 - 07:02 Permalink
ThomasB (not verified)

I quote, "the collection agency must prove that they own your debt".

Then what do I do? How can I proove that the collection agency didnt proove that I own the debt?

Thu, 06/04/2009 - 12:35 Permalink
Aries (not verified)

Do you have a sample letter asking for the removal of paid in full debt that is showing on your report. If so who does this letter get sent to?

Sun, 06/14/2009 - 08:04 Permalink
MGJ (not verified)

I am trying to restore my credit. What would be the best way to do so with my credit being the way it is now?

Tue, 06/16/2009 - 06:53 Permalink
Hi Chelsia (not verified)

You can call the creditor whom you have just paid once you have paid or even before and ask for a letter for your records showing that the debt has been paid in full, You can get it but the creditor want volunteer it. once it has been paid and recorded they will send it to you when you call and ask. I am a credit repair agency president. Hope that helps.

Tue, 06/16/2009 - 19:53 Permalink
Lexy (not verified)

Hi MGJ,
how's the credit? If it's pretty bad then you may need Pro help, If it looks repairable you can try to accomplish this yourself, RICHARD HAVE GIVEN YOU GUYS SOME GREAT TIPS USE THEM, If not seek Pro help, I am a credit repair company owner if you need me I can help my fees are very low, I can do what the lawyers would do and charge you less. let me know, and Good luck.

Tue, 06/16/2009 - 19:59 Permalink
MARIE MANN (not verified)

I NEED A LETER STATING THAT A BILL WAS PAID SO II
CAN BE REMOVED FROM MY CREDIT REPORT

Mon, 07/06/2009 - 15:55 Permalink
mARIE MANN (not verified)

I NEED A LETTER STATING THAT A BILL WAS PAID INEED
THIS INFORMATION REMOVED FROM MY CREDIT
REPORT

Mon, 07/06/2009 - 16:02 Permalink
Ciao500

Hello Everyone,

I am new to the site (although I have been reading all the great advice for the past week or so). I have a question regarding the "Debt Validation" & "Pay for Delete" letters. Section 809 of the FDCPA explains the consumer's rights to demand that the CA requesting the information show proof that they actually own the debt. However, my understanding of this is that the DV can only be sent within the 30 day window upon initial receipt of the letter from the CA. Is this correct? Or can you send a DV letter even if

1.) You’ve received notices in the past and
2.) You've never made a single payment?

Also, in regards to the "Pay for Delete" letter (paragraph1), is it pretty much an unspoken rule that you deny the account up front?
What if you acknowledge the account but would still like to negotiate your payment, do you stil use this paragraph?

Any knowledgeable advice is much appreciated.

~Ciao500

Fri, 08/14/2009 - 23:09 Permalink
Ruchit (not verified)

I wish I knew about these things earlier.

Couple of mnths ago I received a collection debt on my experian report.

The thing was, landlord asked me not to cancel the electricity and gas connection and she would take care of it.... She didnt and I came to know about that after 6 mnths (as I moved from there).

As soon as I came to know about it, I called them and paid in full using my credit card.

That was a mistake... a big one...

I should have sent a mail like this before paying in full.

Fri, 08/28/2009 - 14:36 Permalink
Cailly (not verified)

Do you have a letter to send to banks stating your deposits and hence funds in accounts are exempt? ( California, Social Security full Disability, Public emplyee/police officer industrial-disability, and child support)

Fri, 10/30/2009 - 22:07 Permalink
Nita M (not verified)

I am trying to get a house but we have disputes on our reports and the mortgage company will not process until we get those disputes removed. Do you have a sample letter for removing disputes from the credit reports?

Wed, 11/11/2009 - 17:25 Permalink
debranewell2008

Hi nita,

If you go to page one of this post. You will find a dispute letter listed on the very first post. You will have to modify it and include the information of who you are disputing with. Hope this helps

Wed, 11/11/2009 - 17:33 Permalink
Kathleen (not verified)

Do you have any sample letters for a response to a court summons to acknowledge a debt and why you haven't paid it.

Mon, 11/30/2009 - 16:31 Permalink
Chor Xiong (not verified)

I would like you to help me removed my bad credit from the last
four years. I already paid off all my debts but it stills not removed.
Please please please removed immediately so I can have a good
credit to support my family. I am thank you for the bottom
of my heart for removed this bad credit. Four years ago I have
problems paid my Xcel Energy bills so that was the only credit that
it go to the record. Please removed it, thank you very much.

Sun, 01/24/2010 - 21:39 Permalink
soule72 (not verified)

I need a sample letter to send along with my pay for deletion letter so that the CA can just sign and return it rather than having to write it themselves. I cant seem to find one. any ideas?

Wed, 01/27/2010 - 22:07 Permalink
moon3577 (not verified)

I paid off debt through collection company and now i want to have the derogotry remarks removed to show paid or up to date. The report shows paid, settlement for lesser amount. Can this be removed from the report?

Mon, 02/01/2010 - 21:15 Permalink
Dan (not verified)

I have to write a letter explaining why my credit is not that good i order to get a secret clearance for a job I really need. I am having writer's block!!!

Wed, 02/03/2010 - 23:14 Permalink
Sol (not verified)

My ex husband has fallen behind on payments to the house we once shared. The loan is under both our names, but seeing as he was the one who wanted to keep the house, I quit claimed it to him per the divorce decree as he was also listed on their to be the sole person responsible for the payments. The banks do not recognize a divorce decree as I had originally signed the documents to make payment.

My question is, if I provide the creditors with a copy of my divorce decree indicating that their was a judgement that proves I'm not responsible for the payments, will that help restore my credit? My ex is going to let the house go into foreclosure and it has already impacted my credit. Please help.

Thu, 02/11/2010 - 16:22 Permalink
Aaron

Hi chor and moon:

If you have already paid the debt, then it won't be that easy to remove the item from your credit report. Once you have paid the dues, the creditor or the collection agency won't want to work with you anymore in relation to that account. However, if the account is showing zero balance on your credit report, then you need not worry.

Moon, you could have requested the creditor or the collection agency to agree to a "Pay for delete" agreement during the settlement.

Soule:

You can get a sample "Pay for delete" letter at http://www.creditmagic.org/repair/pay-for-delete.html . You should send it through certified mail.

Thanks.

Thu, 02/25/2010 - 10:42 Permalink
Sharon (not verified)

Hi Dan:

Your question is not clear to me. Can you be more specific on which sample letter you want?

Sol:

Yes, you should immediately send a dispute letter to the creditor, along with the copy of the divorce decree indicating that you are no more responsible for the payments.

Thanks.

Thu, 02/25/2010 - 10:46 Permalink
Miranda (not verified)

I received a letter showing I owe for my car being towed. I have proof showing the car was sold in 2004 the debt is from 2007. Any sample letters for something similiar?

Thank you

Fri, 04/02/2010 - 03:06 Permalink
csteck43 (not verified)

I sent letters to all the past creditors that were on my credit report that still have the accounts as open and have kindly asked them to remove them... how long should I wait to see what happens or to write another letter? How many letters do I have to write to until they take off a negative reporting account?

Sun, 04/25/2010 - 02:16 Permalink
Aaron

Hi Chocgirl:

I am afraid that paid collections cannot be removed from your credit report. They are going to stay there on your report for 7 years, after which they are going to fall off their own.

csteck:

Can you give more details on your credit? Are the accounts you are talking about paid? If so, then perhaps the creditors won't want to work out with you for removing the negatives.

Thanks,

Aaron

Fri, 05/28/2010 - 11:53 Permalink
Carmen (not verified)

is there anything I can do about a pesky student loan on education I didn't get?

I attended a school for ultrasound technology in Houston and was able to get grants and loans to pay for my $25,000 tuition, however in the last semester there I failed ONE of my classes and was refused the ability to retake the class so I could finish my 2 yr associates degree.

I tried to transfer out and finish up, but no other schools 'recognized' the credits I had already finished and was told over and over I would have to START OVER and pay AGAIN for the same education I already had.

It's going on 10 yrs and I still owe $7,500 working a mediocre job. I have a mortgage and truck note along with other bills and I feel this one is uncoming being so I didn't benefit from it and I do NOT have a job in the field I went to school for.

Sun, 06/06/2010 - 22:00 Permalink
Aaron

Hi,

Can I know whether the student loan is a Federal Government one, or is it a private student loan?

Thanks,

Aaron

Tue, 06/08/2010 - 10:50 Permalink
Aaron

Hi,

Can I know who is Lexy?

Thanks,

Aaron

Wed, 07/28/2010 - 10:06 Permalink
Joey (not verified)

What kind of letter can you write to explain some medical bills on your credit report for prospective employers that do credit checks. And I recently went through a divorce and ex filed bankruptcy and two items are showing up on there that were not mine but my name must have been on the items. How can you explain those? thanks

Wed, 08/04/2010 - 17:21 Permalink
Aaron

Hi Joey,

I am afraid I don't know how you can explain those to prospective employers. It is better to repair your credit before applying for jobs.

Thanks,

Aaron

Thu, 08/05/2010 - 10:27 Permalink
Aaron

Hi Jamescuck,

I don't think the same way. It is not that difficult to repair your credit on your own. You just need to know the right steps.

Thanks,

Aaron

Fri, 08/20/2010 - 11:14 Permalink
crazylady (not verified)

This company I am dealing with removes late payments put them back on noones knows what they are doing need a letter to have late payments removed that are file on the wrong months on credit report

Wed, 09/22/2010 - 14:39 Permalink
JOHNNY (not verified)

I HAVE A BIG PROBLEM I GOT SOME BUISNESS LINES OF CREDIT AND I STARTED INVESTING IN REAL ESTATE AND I WAS DOING WELL THEN THE MARKET CRASHED AND NOW I CAN'T PAY MY DEBT BACK, SO I HAVE LAW-SUIT AGAINST ME. I CAN'T FILE A (BK) BECAUSE THEY WILL TAKE MY PROPERTY AWAY FROM ME IS THEIR A SOLUTION OUT THEIR ARE ME.

Wed, 10/27/2010 - 23:56 Permalink
Ruthie Santos (not verified)

I CHOSE TO PAY A CREDIT CARD IN THE SETTLEMENT AMOUNT. IT SHOWS AS PAID/CLOSED IN MY CREDIT REPORT, HOWEVER ITS REFLECTING AS SOMETHING NEGATIVE ON MY CREDIT REPORT. WHAT IS THE CORRECT LETTER THAT I SHOULD MAIL OUT?

Fri, 12/03/2010 - 16:50 Permalink