Pay For Delete Letter Template


Pay For Delete Template:
Collection Agency Name
Collection Agency Address
Collection Agency City, State Zip
Account #: xxxxxx (your account number) as stated on credit report
Amount: $___________ (amount you owe)
To Collection Manager:
This letter is to inform you that the validity of this debt is disputed. I am unaware of this account and
have no verification this debt is mine. I only know of this account based on it being reported in my
credit report(s). As we both know, I have the right to dispute this account, request for verification,
and/or request for validation of this debt. However, in order to quickly resolve this account, I am
willing to pay $________, if you agree to delete this account from any and all credit reporting
agencies. Please do not quote to me that you are unable to do this, I am aware of both your rights as
well as my own. We both know you are the source reporting this account and have the absolute right
to report it, not report it, or delete it from all reporting agencies. The purpose of this settlement is
merely to have this item removed from all reporting agencies. We are both aware that paying this
unverified debt is no benefit to me unless we can agree on the terms. I am sure you are aware that
paying a collection account does not bode well on a credit report and that merely having a collection
on a credit report will have a negative impact whether paid or unpaid.
Please Note: This is not an acknowledgment of liability for this debt in any way or form. If there is any
confusion about my position on this alleged debt, please refer back to the first paragraph of this letter
in which I state: "I am unaware of this account..." That being said, let me be clear, this is NOT: a
promise to pay, a renewal, an admittance to this debt, or in any way me agreeing this debt is mine.
This is a restricted offer only.
If you agree to the terms and accept this agreement, I will send you certified funds immediately after I
receive this signed agreement. The funds will be sent only if in exchange for it, you are agreeing to
the terms set forth in this agreement and will be deleting this account from all reporting agencies
(Equifax, Experian, TransUnion). This debt will be considered satisfied, there will be nothing more
owed, nothing further to collect, and you will consider this a closed, satisfied account. Again, ALL
references regarding this account must be deleted from ALL reporting agencies. Since certified funds
will be used for payment, ALL information about this account WILL be removed from all reporting
agencies within 15 calendar days of receiving the funds.


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