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Deletion From Credit Report (How Long?)

Date: Fri, 10/15/2010 - 06:01
Submitted by fka on Fri, 10/15/2010 - 06:01
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I got a letter in the mail from one of the collection agencies on my credit report on 8/7/2010 saying they have instructed the three credit bureaus to delete their entries from my credit report. I checked my report today and still see it on there. How long does it typically take once they notify the credit reporting agencies? Do I need to send anything in to them? Your help is appreciated. Thanks!


You can make a written request to that CA to remove the negative listings from your credit report out of goodwill via certified mail with a return receipt request. The following link may help you in this regard:
http://www.debtconsolidationcare.com/letters/goodwill-removelisting.html

The credit bureaus are required to give you a reply within 30-45 days of receiving the letter to remove the negative listing from your credit report.


Submitted by on Mon, 06/20/2011 - 22:25

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Their agreement to delete the reported information does not carry with it any statutory time period. The only statutory period results after they have provided notice in response to a formal dispute of the information, stating that the information is either inaccurate or cannot be verified, and even then, the statute only states that correction/deletion be "promptly" reported. FCRA 623(b)(E).

Sending the creditor or debt collector a good-will request for deletion does not involve the CRA in any manner. The 30-day CRA period only relates to formal disputes filed with them, and not letters sent to the furnisher of the information.


Submitted by Lian on Fri, 07/15/2011 - 03:06

Lian

( Posts: 234 | Credits: )