Reported 1 day ago
A pay-for-delete letter is a written request to a creditor or collection agency, asking them to remove a negative entry from your credit report in exchange for payment. While this strategy may help improve your credit score by eliminating damaging marks, it's essential to note that not all creditors will accept such requests, and credit reporting agencies generally advise against the practice. The effectiveness can vary based on several factors, including the creditor's policies and the timing of the negative mark.
Source: YAHOO