It is possible to remove unpaid collection from a credit report. There are three ways you can achieve this.
Write a dispute letter to challenge the collection
If you find any error which you can prove is wrong then you can raise a dispute with all the required documents supporting your claim and challenge the collection. The best way to dispute a collection on your credit report is with help from an experienced credit repair company like CreditMantri.
Write a goodwill letter requesting resolution
A goodwill letter, starting from explaining the problem and your relationship with the bank can help you get the collection account removed from your credit report. Most lenders agree for a resolution if you're willing to pay a one-time settlement.
Seek help from best professionals like CreditMantri
However, if you require a professional touch to your problems then you can approach CreditMantri. With a professionally experienced team, CreditMantri can help you with any issues you’re facing on your credit reports.
Collection accounts have a negative impact on your credit score, hindering you in getting a loan, credit card or even some jobs. It's best to consider resolving the issue pragmatically and remove them with possible actions.
Additional Reading: How To Get A Collection Removed From Your Credit Reports