How to remove a collection from your credit report
How to remove a collection from your credit report.
How to remove a collection from your credit report and improve your score. Your first move should always be to attempt the pay for delete strategy. It is the only way to get a collection completely removed from your credit report.
Collection companies can offer to completely remove a collection from your credit report, but only if they are in good standing with the credit repositories. If they make the request to often, then the collection company runs the risk of being punished by the credit repository. It is not always an available option but it should be your first priority.
Paying collections without removing the account completely off your credit report will always result in a negative credit score impact unless the date reported is the current month. Watch this now. This is the number one mistake made by potential home owners, then they become renters again for years. Don’t start trying to improve your FICO score or credit score with out knowing what you are doing. Do not pay any collection ever without watching this! How to remove collections from a credit report for free.
I have seen it time and time again when consumers think that they want to clean up there credit report so they start paying off old collections and devastate there credit report and FICO score for a year or more! Don’t fall victim to this, learn how to remove collections from a credit report for free now and start fixing collections on your credit history forever.
This is your financial report card. Make it the best it can be now, so that your credit history has time to heal before your next loan application. Always be prepared! and watch How to remove collections from a credit report for free today!
If you’re looking for other ways to improve your credit score please go to GetLoanReady.com you can get free videos and worksheets to increase your credit score from a more holistic perspective. Never Pay Collections
If you want to see more videos about credit and credit scoring check these out at www.thecreditguy.tv. If you are a mortgage lender please share this on your Facebook or LinkedIn page. If you have any questions, leave them down below I’d be happy to answer them.