Removal Of Negative Items

I was wondering how to go about asking creditors to remove negative info from my credit report.

All accounts were paid last year(1 in full and 2 for settlement amounts). They are set to come off around this time next year, but I would like to attempt to have them removed ASAP.

Thanks in advance!

Dont hold your breath.....for the most part they will ignore any requests. Paid for deletes dont happen....

Since the debt has been paid, a PFD request would not be appropriate. You need to send them a good-will request for deletion.
If it is a creditor that you still have a good relationship with, make that your emphasis in any GW request. They are capitalists, so offering them something, even though not concrete, such a additional/further business, is helpful. Also, show how whatever events led to your earlier defaults have now been overcome, and that you are not a credit risk. It wont hurt to send a GW letter, so give it a try.

You can make a written request to your creditors to update your account status as “Paid-in-full” and “Paid-as-settled”. You may also request them to remove the negative items from your credit report purely out of goodwill. But it depends on their discretion whether or not to remove those items from your credit report. The following link may help you in this regard:
http://www.debtconsolidationcare.com...velisting.html

If you are looking to remove negative information on a trade line you have already paid off, then you need to do a Goodwill letter. Goodwill letters do work as long as you are persistent because 95% of the time the reject your first request.

When you get rejected the first time DO NOT GIVE UP! Google and find contact info for the CEO and the President or other higher ups. Write to two of them. Look at the company website, BBB, your credit reports, or google search for alternate addresses. Keep sending a letter, one every other week.

Your letter should be honest and heartfelt. Explain what cause you to fall behind. Praise the company and ask them for their compassion. Make your letter sound human and not like a cut and paste letter.

If it’s an older account with lates on it you do not want them to delete the entire trade line. You want older accounts to stay on your credit report to improve your overall age of your accounts (the older the better). Be sure to state in the letter you are not requesting them to delete the entry but just delete the lates.

Start with accounts with the most recent lates. The older the lates are, the less effect it has on your score.

I generally work on one trade line at a time, with the more recent ones first. The reason I work on one at a time is because when they actually do change the info on your tradeline, you never know what effect it will have on your score. In the event your score decrease, you may want to change your strategy, or hold off on touching your credit report for a month or so to give it some ‘resting time to recover”. Time is the best medicine for your credit reports!!!! And if your score increases to a number you are satisfied, you may again want to enter into a “rest and recovery” period and let certain things age off.

Members of another popular forum I am on are very big for sending out Goodwill letters and I have seen many, many people have great successes!

I agree with stone.... be perisitent in your GW attempts.

As for current status, there is no need to "request" that any paid account be updated. It is a requirement.

Current status does not differentiate between paid in full or paid for less (i.e., commonly called "settled"). Current status has only one reporting status for a paid account, regardless of how paid. That status is "paid." If the account balance is $0 and the creditor has acknowledged that payment has settled the debt, it is simply paid.

If settlement came about by their acceptance of less than the full balance of the debt, they can add an additional "Special Comment" to record that fact. To delete the inclusion of paid for less in a credit report, the issue is not one of updating current status, but one of deletion of the special comments code. That special comment is available upon manual review of a CR, so could be a negative factor in any consideration of any existing or new creditor.