Paid Collections

[goolsbyja]

I have a question if i had an item go into collections and then i paid it in full should i have that item removed from my credit report? I will show you an example below but there are alot of them on my report please let me know Please look below thank you

.. ADVANCED CREDIT CONTRO 368117 09/03 09/05 247 --- 0 0 0 -0- Collection 09/05 Paid -0- Last active 03/05 *BX1 [Ind] High limit --- Install (I9) Unknown Medical Payment Data; Paid; Closed 09/05

AVELO MORTGAGE 100415975 Opened 08/06 Reported 09/07 High balance 196,220 Reviewed --- 30 1 03/07 60 1 04/07 90+ 1 05/07 Pastdue -0- Payment Collection 09/07 Paid Balance -0- Last active 02/07 *BX1 *CX1 *BU1 *CU1 [Joint] High limit --- Install (I9) Mortgage (CNV) Settlement accepted on this account; Settled/Paid in full less than full balance; Settled- less than full balance; Closed 09/07

WASH MUTUAL/PROVIDIAN 2842839534 Opened 04/04 Reported 02/07 High balance 4,146 Reviewed --- 30 1 08/06 60 1 09/06 90+ 2 11/06 10/06 Pastdue -0- Payment Collection 02/07 Paid Balance -0- Last active 02/07 *CX1 *BU1 *CU1 *BQ1 *CQ1 [Ind] High limit 3,500 Revolv (R9) Credit card Settlement accepted on this account; Settled/Paid in full less than full balance; Settled- less than full balance; Account paid; Closed 02/07

[chane]

Originally Posted by goolsbyja

I have a question if i had an item go into collections and then i paid it in full should i have that item removed from my credit report? I will show you an example below but there are alot of them on my report please let me know Please look below thank you

.. ADVANCED CREDIT CONTRO 368117 09/03 09/05 247 --- 0 0 0 -0- Collection 09/05 Paid -0- Last active 03/05 *BX1 [Ind] High limit --- Install (I9) Unknown Medical Payment Data; Paid; Closed 09/05

AVELO MORTGAGE 100415975 Opened 08/06 Reported 09/07 High balance 196,220 Reviewed --- 30 1 03/07 60 1 04/07 90+ 1 05/07 Pastdue -0- Payment Collection 09/07 Paid Balance -0- Last active 02/07 *BX1 *CX1 *BU1 *CU1 [Joint] High limit --- Install (I9) Mortgage (CNV) Settlement accepted on this account; Settled/Paid in full less than full balance; Settled- less than full balance; Closed 09/07

WASH MUTUAL/PROVIDIAN 2842839534 Opened 04/04 Reported 02/07 High balance 4,146 Reviewed --- 30 1 08/06 60 1 09/06 90+ 2 11/06 10/06 Pastdue -0- Payment Collection 02/07 Paid Balance -0- Last active 02/07 *CX1 *BU1 *CU1 *BQ1 *CQ1 [Ind] High limit 3,500 Revolv (R9) Credit card Settlement accepted on this account; Settled/Paid in full less than full balance; Settled- less than full balance; Account paid; Closed 02/07

Jay,

It won't come off of your report on it's own. You must dispute it with the CRA.

Chane

[malbone60]

the post above, CHANE, you said that even if you settle the obligation with the CA, you can still have it removed by the CRA? After you settle with the CA, do you ask the CRAS to verify?

[chane]

Originally Posted by malbone60

the post above, CHANE, you said that even if you settle the obligation with the CA, you can still have it removed by the CRA? After you settle with the CA, do you ask the CRAS to verify?

Yes. That is correct.