How to Write a Pay-for-Delete Letter to Cavalry Portfolio Services
A pay-for-delete letter is a written settlement offer to Cavalry Portfolio Services in exchange for complete removal of the account from your Equifax, Experian, and TransUnion credit reports. Collectors are not legally required to agree, but many will — particularly on older debts they bought for pennies on the dollar. The key is to get the deletion agreement in writing before sending any payment.
About negotiating pay-for-delete with Cavalry Portfolio Services
Cavalry Portfolio Services is the servicing arm for Cavalry SPV I and related debt-buying entities. It purchases charged-off consumer debt — largely bank and retail credit cards — and collects it under the Cavalry name, so consumers often see one Cavalry entity on the credit report and another on correspondence.
What Cavalry Portfolio Services accounts look like on your credit report
- Collection tradelines listing Cavalry SPV I, LLC as the owner
- Charged-off bank and store credit-card balances
- Consumer installment accounts acquired in portfolio purchases
What actually matters when you dispute with Cavalry Portfolio Services
- Reference both the Cavalry SPV entity shown on your report and Cavalry Portfolio Services on the envelope so the correct file is pulled.
- Cavalry usually can produce original-creditor statements. Focus your dispute on accuracy — balance, date of first delinquency, ownership — rather than on a blanket demand.
- Get any pay-for-delete or settlement term in writing on Cavalry letterhead identifying the SPV entity that owns the account.
What a response from Cavalry Portfolio Services usually looks like
Documentation generally arrives in 30 to 45 days. Cavalry actively negotiates settlements on older accounts, and negotiations usually conclude within two to four weeks once you engage in writing.
Where to send this letter
Cavalry Portfolio Services, LLC500 Summit Lake Drive, Suite 400
Valhalla, NY 10595
Cavalry SPV debt-buyer dispute correspondence.
Step-by-step: sending a Pay-for-Delete Letter to Cavalry Portfolio Services
- Verify the debt is still within your state's statute of limitations.
- Generate your pay-for-delete offer (typically 40% of the balance).
- Mail the letter Certified — never call or pay over the phone.
- Only send payment after you receive a written deletion agreement.
What to expect
14–30 days when the collector engages; some go silent and require a follow-up.
Third-party collectors are free to negotiate deletion as part of a settlement, and many will respond within a few weeks. Never pay until you have the deletion agreement in writing on company letterhead.
Frequently asked questions
Is pay-for-delete legal?
Yes. Collectors are free to negotiate the terms of payment, including deletion. The original creditor's contract with the bureaus discourages it, but third-party collectors routinely agree.
What percentage should I offer?
Most negotiations settle between 30% and 50% of the original balance. Our generator suggests 40% as a starting point.
Will paying restart the statute of limitations?
In many states, a payment or written acknowledgment can restart the clock on the debt. Confirm your state's rules before sending payment, especially on older accounts.
Can I fax a pay-for-delete letter?
You can if the collector publishes a fax number, but always get the deletion agreement in writing first and send your offer by certified mail so you have a dated record. Never negotiate deletion over the phone.