Removing items on credit report?

Question

I have one Key Derogatory on my acct. from verizon and a 90's days late on a loan i had a couple of years ago. Is there a way where i can call someone or do something to get these two things off of my credit report or am i going to have to wait the 7 years? Thanks in advance!

Answer 1

I assume from your question that the key derog from Verizon is a chargeoff. I have heard that Verizon is a pain to deal with.

Your first step is to dispute and see what happens. They'll probably answer it.

After that, you might try contacting them and offering pay for deletion. They might take it, but they might not.

on edit:

Forgot to deal with the loan question. Sorry.

If you are in good standing on that loan, try asking for a goodwill deletion.

If it is a student loan, just forget about it. They can't come off. Stay current on it and wait it out.

on second edit to respond to your first edit:

If the older loans are not student loans, try disputing them and see if they respond or not. If the debts are paid, there is no compelling reason for them to answer a dispute. You may get lucky.

If you think they would answer a dispute or if you are on good terms with them, try the goodwill deletion route instead of disputing. Tell them you're trying to buy a home or something.

Answer 2

There's some stuff you can do....

1. Order your credit reports from the 3 bureaus

www.equifax.com

www.experian.com

www.transunion.com

If you're ordering for the first time, get your score (for a fee) from Equifax as their scoring matters most.

2. Make copies of your report and put the originals in a binder. On the photocopied reports use a highlighter and check for any incorrect, outdate, false, etc...info

3. Download a dispute letter(s) from the credit bureaus website and list anything that is wrong. Mail them to their office(s). They have 30 days to reply.

4. If they will not remove something that is not yours or too old (> 7 years) as them for a debt validation. This may take an additional 30 days.

5. Once the 'baddies' come off, take care not to let any of your other accounts fall into that predicament.

6. If you haven't already make sure your existing accounts are current and paid on time ALWAYS.

7. Get a secured credit card with www.capitalone.com or www.mastercard.com for like $500-1000 or more if you can and use it sparingly. Charge like $50 on the card each month and pay it in FULL and on TIME. Make sure you do this for a minimum of 6 months so that you estabish a positive repayment history.

8. Problem with just letting them 'fall off' is that they may never. You may get sued before that...that's where you suddenly get a summons to appear in court and a judgment for collection against you.

For the 2 collection items...pay them but get a 'pay for delete' from the collectin agency in WRITING...they'll delete it after you pay and it will help your credit score