How to Remove Collection Accounts From Your Credit Report

Excellent credit is essential when it comes to securing loans and other financial products but unfortunately, collection accounts can really drag down your credit score. Fortunately, there are some steps you can take to remove collection accounts from your credit report.

The first step in removing a negative collection account from your credit report is to contact the creditor or debt collector that reported the account. Ask them if they are willing to delete the delinquent account in exchange for payment of some or all of the debt. If they won’t agree, you should work with a professional who specializes in disputing incorrect information on credit reports. They will be able to help you create a dispute letter and navigate the process of having inaccurate information removed from your report.