Posted: 09 February 2007 at 9:38am | IP Logged

Ultimate PFD Letter (Courtesy of MikeG)

I call it the ultimate PFD because it has worked twice for me. This won't be anything new to most here, but hopefully will be helpfull to others.  I can't really take credit for it because it's actually very similar to Whychats letter except that I re-worded it. Also, I did this with a CA that only threatened to report to the CRAs if they didn't get pmt in full within 2 weeks of their letter to me.  Notice I offered partial pmt and insisted that they consider it as pmt in full.  If CA is already reporting, then you obviously have to reword the verbage slightly.

Feb 9, 2007

First Renegade Assurance

Address, State

Re: Acct# 123456 OC

Regarding OC and the above account number, please find enclosed payment by personal check#123, in the amount of $X to be considered payment in full on the alleged balance of $xx.

As per our agreement, this payment will prevent the reporting of my account to all three credit bureas.

Regardless of the total amount you have alleged is owed, this payment represents payment in full and is made on the following conditions:

1. By cashing this check, First Renegade Assurance agrees not to report any information about this account to any of the credit bureaus.

2. Any and all inquiries and negative trade linesmade by First Renegade Assurance and/or OC will be deleted from Mike G's credit reports within 10 business days.

3. No accounts will be verified to any of the credit bureaus.

4. Mike G will be provided a letter from First Renegade Assurance stating that the account is closed and will not be verified to any CRA or other third parties.

5. First Renegade Assurance is prohibited from selling, assigning, or otherwise transfering this account to any third party CA.

If these terms are agreeable and acceptable, please accept the enclosed check for $x. 

 Please note that cashing the enclosed check will bind you to the terms set forth in this letter. 

  Mike G

On the check I wrote "by cashing check FRA agrees to permenantlydelete any/all information from all CRAs

Posted: 20 June 2007 at 12:37pm | IP Logged

Dear Credit Bureau,

This letter is a formal request for the description of the procedures used to determine the accuracy and completeness of the disputed information, including the business name, address, and telephone number of any furnisher of information contacted in connection with this re-investigation.

I am disappointed that you have failed to maintain reasonable procedures to assure complete accuracy in the information you publish, and insist you comply with the law by providing the requested information within the 15 days allowed.

For your benefit, and as a gesture of my goodwill, I will restate the relevant dispute:

CREDITOR AGENCY, acct.#XXXXXXXX

As already stated, the listed item is inaccurate and incomplete, and is a very serious error in reporting. Please supply a corrected credit profile to all creditors who have received a copy within the last 6 months, or the last 2 years for employment purposes.

Additionally, please provide the name, address, and telephone number of each credit grantor or other subscriber.

Sincerely,

your signature

Your Name
SSN# XX-XX-XXXX

*Only a guide. Please modify it to fit your situation.