Will credit card companies remove negative info?

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Will credit card companies remove negative info?

Postby ecamp91 » Tue Oct 30, 2012 5:15 pm

Hello every one,

I'm new here and I have a few questions.

I am currently 21 and I have a credit card debt on my credit report that is really hurting me.

I got the card when I was 18 and the limit was $1700 (boy was I happy.) Got a job right after high school and was buying things on my cc. Long story short I was laid off and I loaned money from my cc and believed empty promises that were made to me by a family member. I regret it, I know stupid me.

I now am in the medical field and can afford to pay it off. But I was wondering how would the credit card company handle this situation.

Do credit card companies offer deletion of negative history for the debt owed?
Will they accept a settlement?

Honestly I just want the negative history gone and just rebuild my credit.
Any ideas or suggestions. Sorry for the long "story".


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Postby Money card » Sun Nov 04, 2012 12:37 am

you have to wait till it comes off your credit report. they are always happy when you pay them

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Postby cashback » Sun Nov 04, 2012 12:44 am

Credit card companies will not remove negative history even if they get paid. It take 7 years from the time it gets paid to be off of you credit report I believe. Only suggestion is to try for another credit card and use it wisely to rebuild credit.
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