Under such an agreement, you pay the balance of the loan and
the lender removes the mark.
Not exact matches
This includes fixing errors on your credit reports, negotiating with
lenders to
remove derogatory
marks from your credit report and contesting negative
marks with the credit bureaus.
3) If you have negative
marks on your Credit Reports, negotiate with the creditor /
lender to
remove them.
You can contact the
lender and offer to settle the debt if they
remove the
mark from your report.
If you have reinstated your loan and making timely payments, ask your
lender for a goodwill adjust to
remove the repo derogatory
marks and to report monthly payments.
You can write a good faith letter to
lenders to ask them to
remove the
mark off your report and continue to make on - time payments on all other accounts.