Assistance please

[whitmanc]

I have done most of the steps that are mentioned. I am looking for a letter that I need to send to the creditor to request removal of an item in which is already paid off. It was charged off but I went ahead and paid the debt in full. I was a fool and didn't get it in writing that they were gonig to take it off my credit report and it is still there.

if you can please give me an example of the letter that I would need to send that would be greatly apprecited. Thank you for your time and the website here is completely amazing.

[Trish]

There really isn't a particular letter for that. What you would really need to do is try seeing if you can talk to the person that made that agreement with you (or find out who they are).......but you are right.......if you don't have it on paper, it's hard to prove the convo ever existed.

If that doesn't work, a goodwill letter is going to be your best bet at getting them to delete it or change any derogatory comments.
The other thing you should try (if you haven't already) is just disputing it with the CRAs. If you notice ANY inaccuracies, dispute those.......otherwise just dispute it as "no records or knowledge of this acct".

HTH

[whitmanc]

Thank you for your help Trish, However, i'm curious with what advice you would say about this. I have read on another site that I should ask for validation of these entries that are already paid. I was told that normally they will not respond since it has already been paid, therefore it can be removed just because they would not respond. Is this true? Can you please give me your feed back.

Also if I add a copy of my credit report of all 3 CRA's can you please go through it and tell me what you think I should do? Any help would be greatly appreciated. After following the guide on this website my score has gone up over 70 points so far. So for that I am in debt to you guys for your continued support.

This was just by reading and following your guide.

[Trish]

Originally Posted by whitmanc

Thank you for your help Trish, However, i'm curious with what advice you would say about this. I have read on another site that I should ask for validation of these entries that are already paid. I was told that normally they will not respond since it has already been paid, therefore it can be removed just because they would not respond. Is this true? Can you please give me your feed back.

Also if I add a copy of my credit report of all 3 CRA's can you please go through it and tell me what you think I should do? Any help would be greatly appreciated. After following the guide on this website my score has gone up over 70 points so far. So for that I am in debt to you guys for your continued support.

This was just by reading and following your guide.

That is very true.......and it is another route you could take.......and you could always try that first.
One thing to keep in mind is that if this is an OC, you want to send them a verification letter (not validation letter). There is a difference. A lot of times if you send an OC a standard DV letter, they will ignore it. So best send them the one in the link above.
Then if that doesn't work, you can always try what I suggested in the first post which was finding the person that originally made the agreement with you OR a gw letter.

[whitmanc]

okay so I send a verification letter to OC and validation letters to CA? after I don't hear back from them in 30 days (paid credit report) 45 days (free credit report) I then send a copy of the letter and certified mail reciept to the CRA? am I missing anything?

[Trish]

Originally Posted by whitmanc

okay so I send a verification letter to OC and validation letters to CA? after I don't hear back from them in 30 days (paid credit report) 45 days (free credit report) I then send a copy of the letter and certified mail reciept to the CRA? am I missing anything?

Usually that's not enough to get the CRAs to delete.
There is no law that says OCs have to respond to you. So them simply not responding will not be enough to get it off of your reports. The CRAs contact the OCs themselves and if the OC verifies the acct as being reported accurately then the CRA will update it as verified. So really (and yes it sux) the OCs can just ignore you and keep verifying with the CRAs.
Now it's not in their best interest to do this though........because if you continuously ask for verification and the repeatedly ignore you......and yet keep reporting a TL incorrectly, you can file complaints and even take them to court.
So what you should do is go ahead and send out the verification letter and see what their response is. If you don't get a response after 30 days.....you keep trying......then you can dispute it with the CRAs.

Now with the CAs, it's different......they have a whole different set of laws to abide by. For them, it's best to try a 1 2 punch. Read here and it will explain a little more....

Explanation of the 1 2 Punch

HTH