removal of paid collections?

[robertgravel]

I called the collection agency on two of my paid collections and asked them to remove them from my credit report. They said it was illegal to do that and they would lose their license. Does anybody know the law that states that they can be removed once paid????

[willingtocope]

It is not against any law to remove items from your credit reports. The law (FCRA, above) only says that if they do report, it must be accurate.

What might happen is if the CA does too much of that, the credit reporting agencies may prohibit them from reporting.

Actually, one of the stipulation you should make BEFORE you pay a CA is that they will remove themselves.

What you might try is disputing the TL with the CRAs. If the CA doesn't verify the TL, it gets removed.

[kb9tbq]

They can make their own mind to accept PFD but the credit reporting agencies do stress strongly to them not to undermine the reporting other wise the credit reporting agency could take action against the collection agency if they can prove what they are doing.