Credit Report/Midland Credit Management
Date: Sat, 06/23/2007 - 20:28
To whom it may concern:
Before I get to the question I'll provide some background to my problem. Last year I was notified by mail that midland credit management (MCM) was trying to collect on a bill I had due from Southwestern Bell (a total of $55.41). I disputed this saying that I had paid it (but lost) and in November last year I paid MCM by check $41.56 in a settlement offer to get this done with.
Well, it turns out it's not done since I just requested a copy of my credit report and I have a negative credit history from MCM for the $13 (the total due minus the settlement payment). On my credit report it says that the account with the $13 balance is closed. However I would really like to get rid of the one negative mark on my credit report.
After skimming some of the fourms my question is will paying the remaining $13 get rid of this negative or will it remain for a certain amount of time. Needless to say I thought I was done with this but it just won't go away and I'm trying to figure out the best thing to do since paying the $13 isn't an issue, it's just a matter of will it remove it from my credit report. Thank you for your time.
Sincerely,
Robert
Before I get to the question I'll provide some background to my problem. Last year I was notified by mail that midland credit management (MCM) was trying to collect on a bill I had due from Southwestern Bell (a total of $55.41). I disputed this saying that I had paid it (but lost) and in November last year I paid MCM by check $41.56 in a settlement offer to get this done with.
Well, it turns out it's not done since I just requested a copy of my credit report and I have a negative credit history from MCM for the $13 (the total due minus the settlement payment). On my credit report it says that the account with the $13 balance is closed. However I would really like to get rid of the one negative mark on my credit report.
After skimming some of the fourms my question is will paying the remaining $13 get rid of this negative or will it remain for a certain amount of time. Needless to say I thought I was done with this but it just won't go away and I'm trying to figure out the best thing to do since paying the $13 isn't an issue, it's just a matter of will it remove it from my credit report. Thank you for your time.
Sincerely,
Robert
Do you have the mail from MCM that proves about their settlement
Do you have the mail from MCM that proves about their settlement offer to you? If yes, you should call them and dispute their negative reporting on your credit. They should not have hit your credit after putting a settlement offer and then taking money from you. Ask them to send you a "Settled in Full" letter. A "Paid as Agreed" letter will be better and that's how they should report to the bureaus.
It's your choice whether you want to pay the balance amount. Your account should be marked "paid in full" with the bureaus.
