LVNV Funding keeps raising amount by $2.00
Posted 25 February 2012 - 08:19 AM
Posted 25 February 2012 - 08:21 AM
Keep in mind that the SOL for credit reporting is 7 years, even if they can't seek a legal remedy. Also keep in mind that Ohio's SOL is the subject of quite a bit of debate. Tread lightly.
Posted 25 February 2012 - 08:22 AM
Posted 25 February 2012 - 08:26 AM
A lot of people including myself have had luck disputing LVNV through the BBB...
Also the South Carolina (their state) Attorney General. But you have to have a legitimate beef, and a paper trail.
Posted 25 February 2012 - 09:02 AM
Edited by shanes76, 25 February 2012 - 09:06 AM.
Posted 26 February 2012 - 09:39 PM
the amounts are 618.00 and 635.00 and one of the accounts is from a discover card from when I was 18, thats 18 years ago
that may be reaging an SOL debt. - a violation of the FDCPA and the FCRA. when did you default on the card?
it's certainly past the FCRA reporting period - which is 7 years.
you dispsuted this thru the CRA's and was it verified?
if you didn't , you need to do that
and/ or redispute it as obsolete.
send an ITS letter. to LVNV at the address listed on your reports.
15 year SOL in Ohio on written contracts.
6 years if nothing in writing.
(why chat was supposed to fix that error.)
Posted 26 February 2012 - 11:06 PM
Posted 27 February 2012 - 06:51 AM
Is a personal loan a written contract?
Depends on you state laws -
but in general,
personal loan from whom?
if it's and unsecured signature loan from a bank for your personal use, then;
yes - Loans for a set sum of money are usually in writing, and since the whole agreement is within the 4 corners of the document ( the loan agreement ) and you sign these
they are usually considered written contracts. - contracts in writing
a personal loan from family - did you sign a note ( an IOU) stating that you would pay them back by such anad such a date? - then it's a promissory note, also considered a written contract in most states.
if you didn't sign a note, then it's usually considered an Oral contract / implied contract.
PS - I've answered an offtopic question. - don't hijack this thread with questions that don't pertain to this thread - if you have further questions, start your own thread. )
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