It is a violation of the fair credit reporting act. It would be a felony. They record your conversations. It would be an open and shut case. Making regular payments is the only way to fix it. Paying it off all at once will not help your credit.This is called a "Pay for Delete" – They will want payment in full (not payments) and you need to get it in writing before agreeing to the deal. t will probably work with some, but not all. It also works only for the collection agency report – if the original lender has the account charged off, the charge off will remain on your credit bureau report, as will any judgments. They cannot state "never late" since you were and all information must be accurate (when reported). Reporting "Paid in Full" doesn’t help because the collection account and late payment remains.No, they dont have the power to do this. Your credit report is held by an independant company (experian in the UK dont know about the US)

Try to negotiate with them to pay back manageable amounts. Seek advice from a debt helpline.

Once these debts have been paid off you can start to improve your credit score.No, you cannot bribe a collection agency into getting rid of your debt records… it’s already a part of your credit history which a collection agency cannot change. Plus, it’s a felony and you are recorded when you talk to these individuals (you’re recorded when you speak to most businesses). I don’t think you understand what a collection agency actually does, and what your credit report is. Your credit report is a history of your past credit (on-time payments, length of accounts, any discharges, amount of available credit, etc.). You can only request information to be removed if it’s inaccurate and you request it to the credit bureau — not a collection agency. Plus, you’ll have to prove that you did not incur this debt. A collection agency simply purchases your debt, charges you additional fees, and harasses you to pay (and of course can sue you like anyone). If you can pay your debt… then why don’t you?Let me get this straight. You’re asking a bunch of strangers to tell you it’s alright to break the law. Do you think a legitimate business would jeopardize their livelihood for a "bonus"? If you don’t think the approach is against the law why not just proposition the collection agency and see what happens.

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