Payday Loans, Home Loans, Credit Repair, Debt Help, Auto Loans
Jump Start My Credit
 
Choose Your Loan:

Reader Question: credit report not updated after negotiation

Hello,

I mailed your negotiation letter a couple of weeks ago through certified mail. I got the green slip on Monday, but my credit report hasn’t been updated yet. Should I be worried? I haven’t sent them any money.

Thanks

Kenny


Kenny -

You sent them a negotiation letter and you expect them to update your credit report, yet you haven’t paid them anything? Here is how negotiation works, once again Kenny: You send negotiation letter. They send you a letter back saying they are willing (or not) to negotiate. You pay them the amount agreed upon. Make sure part of the agreement is removing the item from your credit. They update your credit report AFTER you pay. This process takes time. Relax.

Tags: ,

One Response to “Reader Question: credit report not updated after negotiation”

  1. Renata H. Says:

    You made some good points there. I did a search on the topic and found most people will agree with your blog.

Leave a Reply

Auto Loans | Home Loans | Personal Loans | Loan Calculator | Debt | Credit | Blog | FAQ | Other Services
Copyright © 2008 JUMPSTARTMYCREDIT.com All rights reserved. Privacy Policy | Terms of Use