Reported 3 days ago
A pay-for-delete agreement is a method to negotiate with collection agencies to remove negative items from your credit report in exchange for settling your debt. While some agencies may accept such arrangements, credit bureaus generally discourage the practice. The effectiveness of pay-for-delete varies with credit scoring models, as newer models may not penalize paid collections. It's essential to explore other options for improving your credit, such as disputing inaccuracies, seeking goodwill deletions, or allowing time for the items to age off your report.
Source: YAHOO