A goodwill letter is a formal written request asking a creditor to remove a negative mark, like a late payment, from your credit report. Goodwill letters are most effective if your payment history and ...

Late payments can stay on your credit reports for seven years, hurting your credit health and making it harder to get approved for financing. Of the five factors that determine FICO credit scores, ...

A pay-for-delete agreement is a credit repair tactic that could help erase collection accounts from your credit report. It involves offering to settle your debt in exchange for the collection agency ...