Are you trying Pay for deletion with a collection company?

Описание: Think you can just throw 10% at a collection and make it disappear? Think again.



Pay-for-deletion is NOT a policy. It is a private agreement between you and the collection agency.



That means nothing is automatic. Nothing is guaranteed. And how you negotiate matters.



Here is what most people get wrong



Collection agencies usually buy debt for a fraction of the balance. Yes, sometimes around 10%. Consumers find that out and immediately try to “match” that number.



Big mistake.



If the debt is verified and still within the statute of limitations, you legally owe the full balance. They have the right to collect. In some cases, they even have the right to pursue legal action.



When you come in aggressively with a 10% offer, you are not negotiating. You are insulting their business model. And when you start low and push hard, do not be surprised if they shut down the pay-for-deletion option completely.



Smart strategy looks different:

Get proof of debt first

Understand your position

Start strong, often 70% or more

If needed, offer full payment in exchange for deletion

Get everything in writing before you pay



Remember, pay for deletion is a negotiation. They can say yes. They can say no. Your approach determines a lot.



Handled the right way, it can remove the account and protect your score.
Handled the wrong way, it can leave that collection sitting on your report for up to 7 years.



If you are unsure how to approach a collection, do not guess your way through it.



📩 Kenny Johnson University helps clients in every province.
Email: [email protected]