Credit Help

Did you ever get a response back from them?

If you have been "earning great income" you should have some savings
now. You should just pay cash for the new car. If not, you should
should think about getting a less expensive car.

Brent...I did pay my debt and still had to bite the bullet and wait
for the credit to be cleared. Sorry, but you shouldn't have this
removed.

I highly doubt they are going to remove this information without even
an offer from you to make good on this debt.

I don't believe banks care about income once a debtor has failed to
meet their obligations.

We see letters like "I make $170,000 a year, so you can see I am able
to pay my bills".

When a debt isn't paid, it isn't about what you should be able to do
or what you plan to do. It is about what you didn't do. A debt must
be paid on time. You see this concept from banks to the mob. When a
debt to the mob isn't paid timely, sometimes the record is cleared by
expunging the debtor.

I have a income consistent with welfare, and I pay all my bills on
time.

LOL - you just told them that you have a "great income" and then in
the same paragraph ask them to completely remove the $4200 you never
re-paid them from your credit report? I swear when I read the part
about your income that you were going to ask about a payoff.

That aside. Sadly, they are most likely not going to remove the charge
off...however, working out a payment plan and making payments and
paying the debt would help your credit a little.

Along the way, another lesson is dealing with the consequences of what
we do. It was only a year ago, and that is a large charge-off.

Your credit report is correct, so I see no reason it should be
changed.

I can sort of understand when someone asks to have a mark removed as a
goodwill gesture once the account has been paid, but they charged off
$4200 and you want them to remove it from your report? I think that
the only chance you could possibly have of them removing this from
your report is if you actually paid it. I have heard of people making
arrangements with banks that if they pay the account in full it will
be removed, but stiffing them for $4200- what incentive do they have
to remove this?

Brent...Many years ago I too had some issues with my credit but I bit
the bullet because I knew I was wrong and waited the necessary number
of years for my record to be cleared. Yes, it took time - but I
learned a valuable lesson (I have to say I was rather young when I had
problems) - I now have excellent credit and I know the value of it.

By the way - I have worked steadily since college and that didn't help
at all to speed up the fixing of my credit - nor should it have. And
I did pay all my debts - nothing was charged off. Why should you get
special treatment?

WOW!

They had to pay for your chargeoff, then you ask them to remove the
mark. That is pretty bold!



Good Day

Why should they delete your charged off account? What the heck? You
didn't pay a debt, it got reported accordingly!

I can't agree with your request at all. what is the point of credit
reports if people such as yourself can get BAD things removed.

I don't give a rip what lessons you've learned. Suck it up, deal with
your bad credit, and move forward. GEez, I'm sick of these requests.

Not that I think you'll get anywhere, but don't you think you'll do
have a better chance by calling HSBC directly or walking into HSBC?

A chargeoff is one of the most serious negative indications one can
have on their credit report.
Did it occur to you prior to today that you had messed up your credit?


When you had the chargeoff, if you had investigated the consequences
you would have found out it takes 7 years to go off your record. That
would be May 2016. Also, if a portion of the chargeoff has not been
paid, the creditor can come after you for 3-7 years and possibly
indefinitely to be made whole.

Getting a job offer isn't the same as having had a job for 3 years or
more. Assuming you TAKE this job, you may find out within a very
short period of time you no longer have it, by your choice or theirs.
If I were a creditor, the fact your income is uncertain would be
another negative for me.

I don't think any accurate indication on a credit report should be
removed. Doing so makes it look like the debtor is as responsible as
any other, when that isn't the case.