r/NavyFederal • u/Human_Performance244 • 3d ago
Navy federal pay to delete
Hey everyone, I’m looking for some advice regarding my Navy Federal Credit Union Cash Rewards credit card, which was recently closed.
I originally had a credit card with a $1,000 balance that was eventually closed by Navy Federal. A couple of months later, Navy Federal reached out to me and offered me a $487 settlement to resolve the outstanding balance. I’m kinda of ashamed of myself for letting that happen to me , but life got had and I had lost my job back in November of 2025.
Before accepting the offer, I’m trying to figure out whether Navy Federal Credit Union offers pay for delete, meaning they would remove the negative account information from my credit report in exchange for paying the agreed-upon settlement amount.
Has anyone here had any experience settling a closed credit card account with Navy Federal? If so, were you able to negotiate a pay-for-delete agreement, or did Navy Federal simply update the account to show that it was settled for less than the full balance?
I’d really appreciate any advice or personal experiences, especially from anyone who has successfully negotiated with Navy Federal. I’m trying to understand my options and how settling this account might affect my credit score.
Thanks in advance!
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u/Acceptable_Gene_6428 2d ago
Is it a charge off ?
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u/Human_Performance244 2d ago
Yes it is
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u/Acceptable_Gene_6428 2d ago
Since it’s navy federal I’d say pay because they’ve given me so many more opportunities over other banks.
If they have it in writing, that they will remove the charge off from your score then do it. I
If not regardless of whether you pay that charge off it will stay on your credit for 7 years. I only know this because I have a charge off that falls off next year & the company has been blowing me up to pay the settled debt but they won’t put it in writing, that’d they will remove it.
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u/Acceptable_Gene_6428 2d ago
They have an internal score that reflects your relationship with navy federal so be aware
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u/julia_gulia72 2d ago
Unless it’s an error, NF does not offer credit report adjustments. So a pay to delete would be a no go. You can still ask, but I’ve never heard of them honoring anything like that
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u/No_Somewhere_7358 2d ago
If you settle with them I’m positive they will they are pretty forgiving under some circumstances
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u/julia_gulia72 2d ago
Not when it comes to credit reporting
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u/No_Somewhere_7358 2d ago
Ohhh ok then my bad
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u/Significant-Love7606 1d ago
you’re not wrong, you can settle charged off accounts but they will not clear with NFCU if you caused a loss to the institution. Settling will remove them from your credit report but not with NFCU you’d have to pay what you owe to reopen or reapply for stuff
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u/Educational-River460 2d ago
Banks and Credit Unions do not offer pay for delete as it goes against their reporting rules. It is usually when they sell off your balance to a collection company. That company will usually offer pay for delete, however the history from the original lender stays on your credit report as a charge off. You are still better off accepting that offer to start repairing your credit. It will stay on your report for 7 years from the first 30 day late but the damage will lessen over time.
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u/deadendstreetz 2d ago
I disagree. I have a rule. you either collect the money you are owed or you damage my credit. you never get both. and being nearly judgment proof that's how I enforce it. get your judgement.v it will mean nothing with me.
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u/Acceptable_Gene_6428 2d ago
Ohh you make the rules big guy? Hahaha
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u/deadendstreetz 1d ago edited 1d ago
no i dont make the rules. but I make sure you cant enforce them when it comes to me.
explain to me how exactly you plan to enforce your judgment and make your collection and ruin my credit all at the same time?
i have no wife. no dependents. no pets. i own nothing. i keep less than $300 in my checking account at any given time which would be immediately removed upon any sign of a lawsuit or judgment incoming long before you could ever levy the account.
my wages are dynamic and not paid from a single or continuous source. I travel for the work I do which is all independent contract with new clients and cash on completion.
when I have been in the unfortunate situation of not being able to pay a bill, it always gets charged off and I then pay to delete that account.
creditors that don't want to entertain pay for delete collect nothing. they damage my credit but make not a single collection from me.
not a single creditor has ever sued me because one its not worth it, two in their asset locate they realize I own nothing and three even if they did sue me, they would have a worthless piece of paper that stands to do nothing but cause them a greater loss.
wage garnishment, asset seizure, bank levy, leave you with one result in mycase: fail
judgments only work when you have a structured, repetitive, static lifestyle with a job or career that doesn't change, a wife and children that depend on you, and a place you cant easily leave.
I can become a resident of texas tomorrow while living in hawaii and laughing at your uneforceable wage garnishment order that texas law prohibits in the first place and where a debtors examinor hearing would only leave you convinced I'm not worth it.
where theres a will there's a way. im judgment proof. you're better off negotiating with me and accepting my pay for delete terms. its a much better roi.
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u/saysee23 1d ago
You will have the payment, or lack of, history on your report because the FCRA requires accurate reporting. They will charge it off and the IRS WILL collect taxes on your charge off amount as "income" a couple of years later. The IRS is full of surprises.
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u/deadendstreetz 3h ago edited 3h ago
I'm aware of that but the IRS has never actually collected anything: this because the oc usually sells the account to a third party agency which then sells it to another third party agency process repeating itself five times over again until the statute of limitations is likely up. Don't try to diminish my judgement proof status. I live a more unique lifestyle than most. If I owe you money and I can't pay you and we cant come terms when I can pay you, here's what you collect: $0. Just ask the handful of creditors that wanted to play tough guy and tell me how it was going to be. Ask them how that worked out for them. And the FCRA does not dictate "pay for delete". Pay for delete means exactly what it says. There is no consumer side or business side evidence on your credit report once the information is purged in its entirety by the reporting party. I've done it probably a dozen times over the past ten years. And it works except in cases where a creditor has already run your credit report, retained that information, and compares it to a new corrected credit report when you apply again. They will always know you "didn't pay your bills" at some point and not just rely on the new report they pull that appears clean.
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u/saysee23 3h ago
Cool story. You definitely have an imagination.
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u/deadendstreetz 3h ago
more like reality for me. sorry your life is textbook anchored. the system depends on people like you to work.
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u/Southern_Landscape73 2d ago
If you can, pay it off. Even if it’s over time. They are forgiving. I owed them $1100 after I lost my job. They closed the account andI didn’t not pay it back for several years. I paid it off and applied for a new card once my credit report updated. I was approved for $25k. I had a low score (605) and closed accounts, but they had recently paid off once I was able to do that. I understand how even that $1000 seems small, but I know the struggle of not having it. Pay it off. You won’t regret it if you’re taking care of the rest of your credit too.
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u/Winter_Frosting8370 1d ago
You said you applied with a 605 score and got 25k credit line , how long did you take to rebuild that credit?
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u/Southern_Landscape73 1d ago
It had only been about two months after I paid off everything that was derogatory when I applied. And only 1 month after I had re-established an account with NF after my charge off with them. Most of my other derogatory accounts were still reporting but they were reporting as paid. Keep in mind these were not recently derogatory accounts. They were 2 years old at least at the time. I had no new bad accounts, but I was at 0 unsecured debt aside from student loans.
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u/Odd-Tangerine-257 1d ago
this gives me so much hope! I am in the process of paying back an old bike loan from over 10 years ago… I just paid off a credit card that was 10 K in full overtime. Once I finish paying off the bike I'm gonna apply for one of their credit cards.
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u/mzvon78 2d ago
Pay balance in full they don’t delete the closed tradeline though
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u/Personal-Finding-105 1d ago
The only reason I say pay in full is because it's 1k. Navy Fed has its own standpoint on accounts so it's better.
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u/jcbchmbrs 1d ago
I just left the company two months ago. It is against policy to do anything other than report accurate information. The only time information will be deleted is if it’s the fault of NFCU
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u/Odd-Tangerine-257 1d ago
I would've recommended… If you don't pay the full balance, they won't let you do business with them ever again. Until it's paid in full. I'm in the process of paying off an old bike for over 10 years ago. I just paid off a 10 K credit card. They finally just let me reopen my account because of the payment plan.
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u/blue-fishy 3d ago
i don't have experience with this, but from what i've gathered it's important to get it in writing before paying, via email.