I have money and want to fix my credit

This is what you can do.

1) Get the deal in writing.

2) Your credit report should be updated by the creditors with the bureaus.

3) Negative info won't go away from your file since your file was in defaults earlier. But it will show everything paid and will give a better impact.

4) Since you have the money to pay in full, you can actually get better deals with the companies.

1) Get the deal in writing.
Do I do it in this order? Negotiate the deal on the phone, have them send me the deal in writing, mail in payment, and after they receive payment I request a letter in writing that it has been paid in full.

2) Your credit report should be updated by the creditors with the bureaus.
So if I am negotiating with the collection agency, the creditors will do the actual updating?

4) Since you have the money to pay in full, you can actually get better deals with the companies.
Can you give me an example of a better deal with a full amount versus a deal I would get with a settlement amount? How should I begin the negotiation process, do I tell them I want to pay in full right from the beginning or what should I do? Please give me some hints if possible.

Thanks.

Remember, you should have all documentation so that you can show proof in case there is a dispute later. Get the deal in writing only after talking over.

If the CA is hired by your credit company, they will collect the money from you and send the file back to the creditor. The creditor then reports your accounts to the bureaus. The item in collections will also be put in your file. In case, the debt is purchased from the credit company, the collection agency does their own reporting.

Guest, register here and I will send you some PM on this.

http://www.debtconsolidationcare.com/