I am trying to pay off a credit card and I have a question.?

I was told that I should get a letter from the credit card company that states that I have paid the debt and that they will remove it from my credit. The company I have the debt with will not remove it from my credit but will report that it was settled. Is this what I need them to do or should I force them to remove it. I am just trying to get an understanding of what to do? Help

I am trying to pay off a credit card and I have a question.?

Is this something that is already reported negative on your credit report? Like is it sitting at a collection agency already? if so, after you pay them, they should issue you a letter saying the debt has been payed in full, however....It will stay on your credit report for at least 7 years. It will show though that it is paid. You can go to the extreme of contacting the 3 major Credit Agencies, and place a note in your report, giving the exact date you paid it off if you want. (It is kind of a hassle though) And whatever you do....KEEP the letter from the company stating that this debt was paid in full!

I am trying to pay off a credit card and I have a question.?

sometime when u pay a debt off it will stay on your credit report for 7 years from the date u paid it off... and always get things in writing..

I am trying to pay off a credit card and I have a question.?

They must show that it is now paid on your credit report. You can not make them take it completely off your credit report. It is a smart idea to get a letter showing the balance paid in full.

I am trying to pay off a credit card and I have a question.?

You don%26#039;t want it removed from your credit report and I don%26#039;t think its even possible unless the credit card company reported something inaccurate. Being shown as paid off usually is good on your report.

I am trying to pay off a credit card and I have a question.?

A company can%26#039;t remove it from your credit report, but the next best thing is for them to report that it was settled. That is sufficient, just make sure it%26#039;s reported correctly.

I am trying to pay off a credit card and I have a question.?

Pay it off and if you do not intend to use it again, close the account. They will NOT remove the accounts history from your credit report, thats what its there for. Its better to show the settled debt that an open problem debt.

I am trying to pay off a credit card and I have a question.?

I was told that once you pay off a debt it still shows on your report. Reason being is because it won%26#039;t actually get credited for a while..companies take there time reporting to the agency. But what I would reccommend doing is get whatever company you are paying to send you something stating that the bill is PAID IN FULL and I would keep that for your records. Even if they don%26#039;t add it to your report you have proof that shows you paid it off from the company. I would also make sure that I keep the checks or copies of recipts that were recieved from paying the bill also. The more proof you have the better you come out.

Also, right a statement to the company saying that you have proof that the bill is paid off you want them to take it off or report or show it was paid in full on the report and send it certifited mail. Make sure you keep copies of everything....for your records...