| Collection accounts have an adverse affect on your | | | | these items individually or else your dispute would be |
| credit report, especially the more recent collection | | | | classified as "baseless" by the credit bureaus and they |
| accounts. If you have not received a copy of your | | | | will not investigate your claims. |
| credit report to see if you have any collections you | | | | When it comes to more recent collection accounts the |
| want to visit the three main credit bureaus. Equifax, | | | | process is a little different. In is more likely that you |
| TransUnion and Experian. In this article I will review | | | | would not be able to get these items deleted from |
| methods you can use to delete collection accounts to | | | | your credit report with a simple dispute due to the fact |
| get approved for home, auto and credit card loans. | | | | that they are more recent. This should not keep you |
| After you have identified them on your report, you | | | | from trying but if you don't have any luck there is |
| want to group them into two categories. | | | | another approach you can take. |
| Older and recent collection accounts. You want to deal | | | | That is to settle with the collection company in |
| with older collections first, by disputing them directly | | | | exchange for a deletion. Most third party collection |
| with the credit bureaus. In most cases the collection | | | | companies buy the debt for pennies on the dollar |
| agency does not keep proper records to verify the | | | | which means they have a little room to negotiate. Try |
| validity of the account and without this proof the | | | | to get them to accept an amount comfortable with |
| account needs to be deleted from your credit report. | | | | you in exchange for the item being deleted from your |
| Keep in mind that you also need to dispute each of | | | | credit report. |