How to Write a Pay-for-Delete Letter to Cavalry SPV
A pay-for-delete letter is a written settlement offer to Cavalry SPV 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 SPV
Cavalry SPV I, LLC is the special-purpose entity that legally owns debt purchased in the Cavalry group. It appears as the tradeline owner on credit reports while day-to-day collection and correspondence are handled by Cavalry Portfolio Services.
What Cavalry SPV accounts look like on your credit report
- Collection tradelines naming Cavalry SPV I, LLC as current creditor
- Purchased charged-off credit-card accounts
What actually matters when you dispute with Cavalry SPV
- Send correspondence to Cavalry Portfolio Services but name Cavalry SPV I, LLC and the account number exactly as they appear on your credit report.
- Ask which entity will sign any settlement — the owner must be bound by the deletion term, not just the servicer.
What a response from Cavalry SPV usually looks like
Responses come from Cavalry Portfolio Services, typically within 30 to 45 days, and read as if they came from the owner directly.
Where to send this letter
Cavalry SPV I, LLC500 Summit Lake Drive, Suite 400
Valhalla, NY 10595
Cavalry SPV I accounts are serviced by Cavalry Portfolio Services.
Step-by-step: sending a Pay-for-Delete Letter to Cavalry SPV
- 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.