Added: 3 years ago
From: alexandergrape
Views: 1,164
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  • Ok what if you make that offer of $250, and they say yes we will take the $250.How do i make sure that the account is paid in full and that it will appear on my credit report as that debt being paid in full.

  • thanks alot!  this is very informative. now i know how to procede with the creditors.

    how can i get a completely free credit report?

  • very good stuff man !!!!!

  • good stuff man

  • Great Info Thanks

  • Comment removed

  • I work for a collection agency. He is correct.

  • Yes Hi Alexander, I have a question:

    Do you have a formal letter to send to collection agencies, 3 major credit reporting agencies. Perhaps some guidance to writing one?

  • thank you so much for this great info

  • Just what I was looking for excellent info.

  • This video has been a blessing for me. ""THANKS"" Question:: If a debt was payed off with a crediter how long does it take for your credit hist. to show the change? Question2:: when u pay this off, will ur score get better right then or does it take some time?

  • @pureNheart In my experience the settled account has shown in less than 30 days. Usually in approx. two weeks. But if it doesnt you can send proof to the CB's and they will update your information.

    Or you can wait a month or two and then dispute the item and see if it just falls off your report. (perhaps if the debt is paid the CA wont bother to verify)

    I would however never call a collection agency, send everything in writting so you have a definitive papertrail. everything in writting.

  • Great Job Bro.......

    It Helped me Out

  • great video!!!!!

  • GREAT INFORMATION!!

  • good advice thanks,I had a divorce that ruined my credit,I have been paying it down slowly for 6 years now,I have 10 small under $400.00 bills and 1 large 11.000 bill left

  • Big thanks here for taking time out of your busy schedule to give some really great advice! I, and many more, surely appreciate it.

  • Good video.. i talk about this in Canada all the time!

  • Big thanks for info, from someone in need of it! Thanks agian.

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