How can i remove derogatory accounts from my credit report?

All my accounts are paid in full, but still ruining my credit report. I see "Law Firms" online advertising, but I want to attempt to remove, late payments and derogatory accounts myself

How can i remove derogatory accounts from my credit report?
You should be able to contact the accounts departments of each creditor directly and ask them to remove or update the blemishes on your credit report. All the numbers to each agency should appear at the end of your credit report. If you do not contact your creditors and begin the process of removing the negative notes on your account, they will remain on there. It is true that late and non-payment history has to expire, however if the balance is paid in full, your report should reflect that.





I know, because I had to contact one of my creditors to have them remove a blemish for a write-off payment that i had actually paid. The company had to do its investigation but they were able to find the records and correct the problem. It was their mistake and it has since been removed... GL
Reply:Order all 3 reports and dispute every single bad thing, claiming you have no knowledge of them or they are incorrect. Within 30 days you'll know if they are deleting anything.





You can get lots of paid collections and such removed this way-- they dont respond in 30 days and so it drops off.
Reply:You can write your version of the situation and the credit agencies are required to put it in your file. You can't take the derogatory stuff out but you can explain it this way.





Late payments are facts. There is no way you can get them out until they expire from old age.
Reply:The only information you can have removed is incorrect information. Late payments, unless they are incorrect, will stay on your report for a number of years. You need to write a dispute letter to the credit bureaus dictating the companies, the incorrect information, why it's incorrect and include any and all proof. The bureaus will contact the companies and tell them to provide up-to-date information. The companies have 30 days to respond, if there is no response, the item is not placed back on yoru report. The more proof you can include, the better. That way all incorrect information can be removed. If the late payments are correct, you have to wait for them to drop off your report, there won't be anything you can do. If you write them and play dumb (like another poster told you to do), it will buy you a maximum 30-day reprieve since the companies will just send proof to the bureaus that, yes, you were late.
Reply:go to http://www.720ficoscore.com





they can do alot of stuff for less than a hundred bucks!!!





law firms over charge for their stuff.
Reply:You can't do this. If it is accurate even though it is negative it will stay on your credit report for 7 years.
Reply:If it is accurate information it is very difficult to remove but if it is incorrect reporting you can easily dispute the information with each of the 3 major bureaus (Experian, Transunion, Equifax). See their web sites for dispute forms.





I write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for more information that may be helpful.
Reply:Dispute them online with TransUnion, Experian, and Equifax. Claim that you have no knowledge of the account. When the CRA's go to verify the info with the creditors, you are more likely for them not to respond to the CRA's if the account is paid. Why should they take the time the verify it, they already have their money.


Technically, when you go to pay off derogatory accounts, you should negotiate with the creditors and get them to agree, in writing, that they will remove their listing on your credit report if you pay.


Since you have already paid, dispute! I did this recently on an account that I had already paid and it was removed in about 30 days. Maybe it's not the most ethical approach, but it can work. Good Luck!
Reply:Late payments and settlements, etc... cannot be removed from your credit report. They stay on for 7 years.





You need to pay your bills on time, all of the time.
Reply:Go to my FICO.com and see what you can find out there. Good luck. Have you tried to work with the company that gave you the bad report and asked them to remove it.
Reply:They cannot be removed, but if they are showing inaccurate information, such as an outstanding, late balance, you can go to the credit reporting agencies' websites and e-mail them about it. I did this recently, and it only took 2 or 3 weeks for them to correct it.
Reply:Credit reporting companies have way too much power. We, that is you and me, have to stop this abuse of power by making thee companies illegal.