Unpaid debts and accounts in collections will stay on your credit report for seven years. Removing old debt from your credit ...

A pay-for-delete agreement is a credit repair tactic that could help erase collection accounts from your credit report. It ...

On its face, a pay-for-delete letter is simple. These are "written requests sent to creditors or collection agencies to try to remove negative information from a person's credit report ...

You'll have to wait for the collections tradeline to fall off and rebuild positive credit history on top of your negative marks. Step 4: Write a goodwill letter to your creditor You might still be ...

To improve your credit score after a collection makes its way to your credit ... Prepare to send the collector a letter disputing it and be as specific as possible about why you think the debt ...

But while the debt collection process may be similar, the validity of the debts being collected on can vary. After all, debt buyers tend to purchase delinquent accounts in bulk, sometimes for ...

If your loans are in default and you received a letter that your account will be transferred to collections, here's what to do.