A pay for delete letter is a way to negotiate with a collection agency, asking them to remove a negative item from your credit reports in exchange for you paying off the debt. Many people use this strategy when they still owe money on a debt.

What is a deletion letter?

A letter of deletion is a request to remove inaccurate marks from your credit report. ... If you have an unpaid debt and want to remove its history from your credit report, you first have to bring the debt down to a $0 balance, by paying it off or by reaching a settlement with your creditor.

How does a letter of deletion work?

A pay for delete letter lets a collector know you are open to paying off a debt that the collection agency says you owe. In exchange, you're asking for a signed contract indicating they will remove offending negative items such as a credit card collection or debt judgment from your credit report.