If you settle an account on your report, can you make the account holder delete the item instead of it saying "paid off" on your credit report?

Hi Settled,
First try and reduce the balance of your debt to as low as possible. The debt collector bought your debt from the original company you owed and probably paid pennies on the dollar to buy it. Because of this, debt collectors will often take less than you owe if you negotiate. Call toward the end of the month to take advantage of the quotas many collectors must make before the new month begins. Start low by offering to pay 30 percent or less of what you owe and negotiate your way to an amount that you and the collector can both agree upon.
Make your offer attractive. If you’re going to ask that they settle for 70 percent off of what you owe, you should pay it in a lump sum payment. Asking for a steep reduction of your debt as well as a payment plan, is not likely to work in your favor.
Next, ask that they DO NOT report your agreement as settled on your credit report (as you know, this is VERY BAD and to be avoided if possible). Instead, ask that they report it as, “paid as agreed upon.” Also ask if they can erase the tradelines associated with the debt. Tradelines are just the account and its history on your credit report. Tradelines can take up to seven years to drop off your report, so getting rid of negative ones early is beneficial. Your creditor may or may not agree to do either one. They don't have to, but it’s worth it to ask, especially if you’re planning on paying a lump sum.
Lastly, if your creditors agree to the terms above, MAKE SURE TO GET IT ALL IN WRITING BEFORE MAKING A PAYMENT. This way, if they don’t honor what you both agreed upon, you could use what they sent you in writing as proof. You’ll also need it if you want to make corrections to your credit report, should your creditors report you incorrectly.
Live richer,
The Budgetnista
www.livericherchallenge.com

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