My credit report is not updated after the debt has been paid
Date: Mon, 09/19/2005 - 10:21
In October of 2002, we refinanced a loan and their was a settlement for Providian Finance thru Allied International Credit Corp. The balance was paid in full. 3 years later, this debt is still on the books at the credit reporting agencies. How can I get this removed from these companies in a reasonable amount of time?
Hi David, Welcome to the forums. Have you kept all the receip
Hi David,
Welcome to the forums. Have you kept all the receipts of your payments made to Allied International Credit Corp.? These receipts are very vital to prove about your debt that you cleared with them.
You can send a letter to Allied with the copies of the payment receipts, stating that the debt has been paid by you and your credit report is not yet updated. They will take necessary steps to update your credit report with the credit bureaus. You can try a letter given below.
Quote:
YOUR NAME ADDRESS CITY, STATE, ZIP CODE SOCIAL SECURITY # ACCT # CREDITOR NAME ADDRESS CITY, STATE, ZIP CODE Date: To Whom It May Concern: My credit rating was negatively affected by your entry to the Thank you for your attention to this request. Sincerely, Your Name |
Send your letter through certified mail with return receipt requested and record the serial number. This will help you to track that your letter is received by your creditors. It will also help you to furnish your efforts made with the date specified on it.
If the creditors don't report your accounts within a considerable period of time, you can contact the credit bureaus with copies of the letter sent to the creditors and the CMRRR serial number. They will verify it with your creditors and update your file.
Regards
Roxette
