In the prior post, I began responding to the questions asked by one of our readers at FinanceTheDream.com. The questions Candace asked were:
1. What happens to the credit score when debt validation letters and the pay for delete process is used?
2. When derogatory items are removed, does your credit score go up or down?
3. When derogatory items are removed, does it show that I have a shorter time length of credit history?
4. Can I get paid collection accounts removed?
5. How Do I get the account numbers from the collection agency without admitting the debt?
6. How long will it take for my score to improve?
Questions 1 & 2 were answered in How Do I Clean Up My Credit Report?
Questions 3 & 4 were answered in How Do I Clean Up My Credit Report Part 2?
Now, we are going to address questions 5 & 6.
Q: How Do I get the account numbers from the collection agency without admitting the debt?
A: First, getting an account number on a collection account does not have anything to do with “admitting the debt”. Second, there are a number of ways to get the account number. The easiest is to pull the information directly from your Equifax Credit Watch Gold with 3-in-1 Monitoring account. This way, you don’t have to deal with a nasty collector on the phone. By law, collection agencies are required to send you notification up front about their intent to collect a debt. This letter will contain information on the original creditor, the account number, the balance owed, ways to make payment and your ability to dispute the collection within 30 days before collection efforts start or the collection is reported to the collection agency.
Let’s assume you threw that letter away and don’t have it. Traditionally, collection agencies will engage in massive deforestation efforts and bombard you with letters and envelopes referencing the collection. All documentation from a collection agency will have the account number on it.
What I personally do is use the information provided through myEquifax Credit Watch Gold with 3-in-1 Monitoring account. In this way, I don’t deal with collectors and I get accurate information. The collection agencies are required to provide this to Equifax when they report an account. Additionally, you can use the debt validation method. Collection agencies are required to provide you this information. You can learn more about the debt validation method by watching our #1 Secret To Credit Repair.
Q: How long will it take for my score to improve?
A: There are many answers to this question because there are so many variables. The short answer is today, tomorrow, a week from now, a month from now, several months from now, never. Another great answer, huh?
Ok, here’s the deal, it depends on what you are doing. If you are getting derogatory accounts removed, the answer is as soon as the derogatory account is removed. If you are talking about paying off a loan or credit card, the answer is that it will improve when the creditor posts it to your credit report. If you are talking about a Rapid Re-Score, the answer is from a few hours to 96 hours generally speaking. The best way to know when you score will improve is to use Equifax Score Watch. This service enables you to run multiple scenarios and different simulations based on YOUR actual credit report. There is no better gauge as to the impact of your credit restoration efforts than Equifax Score Watch
. You simply cannot affect the fastest possible score increase without it or know how to prioritize your efforts otherwise. As a result, you can waste a lot of time, spin your wheels and get extremely frustrated. If you want to handle credit restoration like a pro, you’ve got to use what the pros use. If you are serious about credit restoration and having clean credit, you have to have:
Equifax Credit Watch Gold with 3-in-1 Monitoring
and
and, obviously, a subscription membership to Credit Repair College so you can see our step by step videos on how to handle every aspect of credit repair.
otherwise, you are wasting time and money. 
Let us help you fix credit score issues today!
As always, if you have any questions or comments, please post them in the comment box below.
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