A Goodwill Letter to Remove Paid Collections is a document by individuals when they want to remove collection accounts on their credit report. The purpose of the document is to ask the debt collection agency to remove collections that have already been paid off.
Having collection accounts on a credit report can negatively influence the individual's credit history and credit score. That is why when an individual has found out that they have those items on their credit report, they should immediately submit this document to the collection agency. A Sample Goodwill Letter to Remove Paid Collections is available for download below.
Even though the individual has paid off their collections, they can still be shown on their credit report for up to seven years. The Goodwill Letter to Remove Paid Collections is supposed to provide the debt collection agency with different types of information, including:
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