A 609 letter is a way to request verification of the accuracy of the accounts listed on your credit reports. While they’re ...

If you have the cash available, paying off the entire charged-off balance is often the cleanest solution to dealing with this ...

VantageScore 3.0 and 4.0 don't incorporate any paid collections into your credit score, so even if a debt collector removed the account off your credit report, your credit score wouldn't change.

Next, debit letter of credit-bank charge for $250 and letter of credit-advisory fee for $2,000 and credit cash for $2,250. On the balance sheet, the cash account is reduced by the $50,000, $250 ...

If you’re writing a letter because the lateness noted on your credit report is inaccurate, try this template: To Whom It May ...

Different from a credit dispute, a goodwill letter explains why you had a late payment and asks the creditor to take it off your credit reports. Here's what you need to know to write one that works.

Having an erroneous collection account on your credit report isn't a life sentence, though. There are laws in place to protect you from being held responsible for debts you don't owe.