Forums
Hi. I have a quick question. I want to send a PFD for an old Tmobile account. The account was first reported on my credit report in Nov of 2009. I am trying to clean my credit and the Tmobile account along with one other account is the only negative mark on my credit report. The problem is the CA recently sold my account to a new agency. The old CA (Enhanced Recovery Co) still appears on my credit and the new company (Plaza Associates) who just recently purchased my account still does not show on my report.
Do I wait for Plaza Associates to report my debt and then send the PFD? and how do I remove the Enhanced Recovery Co from my report since they no longer own my account?
Thanks!
you need to DV the new CA to verify that they own it. PFD is not single step.
You can only PFD the entity that owns the account. after pfd you can dispute old CA off.
This is a very confusing area of credit repair. A lot of people talk about Pay For Delete, but no one explains what it is or how to do it. Pay for Delete is mediated settlement on debt. Basically, the creditor agrees to change the way a debt is reported in exchange for payment.
Your credit report is actually paid publication. The credit reporting agencies are well paid to compile a database of your financial accounts and how you pay your bills. Every time you apply for credit, you agree to let your credit check this database. The federal and state laws that govern how your credit is reported are regulations to prevent companies from reporting debt without proper foundation or proof.
Read more: How to Pay For Delete negative items on your credit report | eHow.com This is an article that I wrote for ehow. you can go to my signature for the link to all my articles. Also you need to join credit magic so you can get notification of my replies