dahliMOMMA

I'm curious if anyone can give me direction on possible way to bring down the number of recent inquires showing on credit report. DH & I purchases a new used vehicle in Feb and the 2 dealerships that ran our credit, on 2 consecutive days, & pulled inq. with several different lenders in the process& even the same lender on 2 seperate days. This is now showing average of 6-8 new inquires on the CRAS for this 2 day period of car shopping. We had an approval at first dealership but walked away without purchasing anything, for several reasons. We found a much nicer car & better loan with another dealer the following day. I've heard that there is a way to bring the number of inquirys down in situations like this? Any advice??? Who do I speak with/write to and what do I ask for// info to send them?? Thanks.

I just wanted to pitch in a little regarding Midland (specifically Midland Credit Management) I have received various letters from both MN and CA...they send out all their letter with internal postage..so there is never a post mark/date on the envelope. I have begun writing the 'received on date' as a note on the envelope and keep all parts of their correspondence, including the envelope. There has been at least one occasion that a letter from them has been dated to be just prior to date they received CMRRR communications from me, but IF the letter was mailed at that time they dated it--- would've taken over 2 weeks to reach me. Fishy but nearly impossible to prove...notes might help you keep timeline clearer in your head/for your attny. if this does ever go to court.

Hello All! I have an update...Excited to report that we opted to send the DV letter I shared earlier in post and included SSDI statement of benefit (one identifying him and stating he received benefits but not listing his actual monthly amount----as that's not any of their business), Glad we did BECAUSE>>> We got the follow response for both accounts from MIDLAND " Based on the information provided to us, we have instructed the three major credit reporting agencies to delete the above mentioned MCM account from your credit file. Please be advised that our credit reporting does not affect any reporting of this account by the original creditor. If you have any questions regarding your credit report being updated, you may contact the credit reporting agencies by writing or calling..." and then gave contact info for EQ, EX &TU So..YAY!! 2 JDB/CA baddies gone!! I'll just make sure if anyone else pops up and tries to collect these down the road we DV immediately and are prepared with a FOAD letter once we are past the SOL in a few months!! If only everything took only one letter and less than 2 weeks to achieve deletion. ;-)

I am thinking, that we will in fact DV Midland today, as this in an renewed opportunity to request validation from them with some expectation of a response, AT THE SAME TIME limiting their contact to written communicartions and also including request for some kind of response to the PFD idea and informing them in a round about way that our income may be (and is) limited and also exempt. MAYBE I could add in in the PFD area " as my only income currently is exempt SSDI and disability pension, it may be in both parties best interest to consider a reasonable pay for delete settlement, assuming that you are willing and able to validate this debt as being accurate and your legal standing to collect it.", what do you think??? I appreciate the feedback while I've been working this out what our response should be.

So, ICANHASMUNY?, I am deciding how much or how little of the following to include: ...Should I actually spell out each an everything that DH is suffering from "several orthopedic work-realted injuries, unilateral vestibularal deficit, vertigo, tinnitus, daily migrane headaches,& anxiety, which have resulted in my early retirement in 2012 and for which I receive SSDI, make it difficult for me to take or focus on phone conversations". I could add on " my spouse is sole caregiver for our 5 children and myself, when needed, so phone calls are equally inconvenient for her" however I think DH's medical conditons alone might suffice. This list of medical conditions and circumstances, BTW, is 100% accurate and poor hubby is only 43. This situation makes the need to finally clear up our credit over the next few months that much more important as we currently have a bit more limited income with him no longer in his IT job, and I have been unable to work between my obligations in the home and the need for me to pursue further training to allow me to hold more than an entry level positon after being fortunate enough to be a SAHM for the last several years. We would like to be able to relocate to another state with a better climate for him and be able to purchase a home, etc. in the near future. (Thanks for your help MUNY)

Here is the version I am considering sending out on DH's behalf tomorrow...assuming we decide to DV and not sit and wait on it. It the almost verbatum from the CFPB form letters, for "for more information" and "how to contact" with the PFD language included. I did not note that it was within 30 days of receipt of their letter, all though I could. What do you think....Editted out particulars: ______________________________________________________________________________________________________________________ Joe Consumer 1234 56th Ave N Anywhere, XX 00000 January 2, 2014 JBD Collections INC 666 Flying F Blvd. Hades, XX 66666 To: JDB Re: Letter dated 01-04-2014 Account #XXXXXXXXXXXXX I am responding to your contact about a debt you are trying to collect. You contacted me by postal mail in a letter dated 01-04-2014 (& received the following week) which referenced JDB account #XXXXXXXXX. Please supply the information below with so that I can be fully informed: Why you think I owe the debt, and to whom I owe it, including: The name and address of the creditor to whom the debt is currently owed, the account number used by that creditor, and the amount owed. If this debt started with a different creditor, provide the name and address of the original creditor, the account number used by that creditor, and the amount owed to that creditor at the time it was transferred. When you identify the original creditor, please provide any other name by which I might know them, if that is different from the official name. In addition, tell me when the current creditor obtained the debt and who the current creditor obtained it from. Provide verification and documentation that there is a valid basis for claiming that I am required to pay the debt to the current creditor. For example, can you provide a copy of the written agreement that created my original requirement to pay? If you are asking that I pay a debt that somebody else is or was required to pay, identify that person. Provide verification and documentation about why this is a debt that I am required to pay. The amount and age of the debt, specifically: A copy of the last billing statement sent to me by the original creditor. State the amount of the debt when you obtained it, and when that was. If there have been any additional interest, fees, or charges added since the last billing statement from the original creditor, provide an itemization showing the dates and amount of each added amount. In addition, explain how the added interest, fees or other charges are expressly authorized by the agreement creating the debt or are permitted by law. If there have been any other changes or adjustments since the last billing statement from the original creditor, please provide full verification and documentation of the amount you are trying to collect. Explain how that amount was calculated. In addition, explain how the other changes or adjustments are expressly authorized by the agreement creating the debt or permitted by law. Tell me when the creditor claims this debt became due and when it became delinquent. Identify the date of the last payment made on this account and amount paid. Have you made a determination that this debt is within the statute of limitations applicable to it? Tell me when you think the statute of limitations expires for this debt, and how you determined that. I have asked for this information because I have some questions about this debt. Because of my questions, please consider the debt to be disputed at this time. If you stop your collection of this debt, and forward or return it to another company, please indicate to them that it is disputed. If you report it to a credit bureau (or have already done so), also report that the debt is disputed. In addition, you should state in any report that you have failed to fully verify the debt in response to my request (unless you have already provided all the necessary information). If you fail to provide any of the information or documentation I have asked for, please say why. If you do not provide it, and do not adequately explain why, I will understand that you are unable to confirm or document your claims. Details about your authority to collect this debt. I would like more information about your firm before I discuss the debt with you. Does your firm have a debt collection license from my state? If not, say why not. If so, provide the date of the license, the name on the license, the license number, and the name, address and telephone number of the state agency issuing the license. If you are contacting me from a place outside my state, does your firm have a debt collection license from that place? If so, provide the date of the license, the name on the license, the license number, and the name, address and telephone number of the state agency issuing the license. Please let me know whether you are prepared to accept less than the balance you are claiming is owed on this account in exchange for full and permanent deletion of this trade line? If so, please tell me in writing your offer to accept less than the full balance. This letter will also serve as written notice to you that telephone communications of any kind are inconvenient for me to take due to (my recent disability, your reason here). I therefore respectfully request no further phone calls be made to my home phone 123 456 6789 (or any other number) and that any and all communications regarding this alleged debt are made ONLY in writing and sent by postal mail to address listed below: Joe Consumer 1234 56th Ave N Anywhere, XX 00000 Thank you for your cooperation. Sincerely, Mr. Joe Consumer ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- How does that sound? When printed out this is one page front & back...

I am considering sending a letter based on the above link the w/"requesting more information" and the "how to contact" letters...I did like how it specifed what information I am seeking without creating a form for them to fill out as many of the DV form letters I have seen do.

Okay. We seem to have worked out that SOL dates would be 06/2014 for Verizon account and 09/2014 for Target, with that in mind... Would YOU DV in response to this recent dunning letter, or wait and see?? I feel like I am finally educated enough (after a couple years of mistakes) to handle a little written back and forth with them, and I think I can afford to pony up enough cash to handle a settlement (with a PFD clause of course) if , worse case senario, they could manage a real validation... All though it goes with out saying I really would prefer they FOAD w/o me paying them one red cent!!

I guess the specific question might be whether the last activity payment in 9/2008 does reset the SOL if it was just a partial payment and did not bring the account current, but up to 60 days past due. I was understanding the SOL date to be set by ANY payment to OC, not just last one bringing account to current. This would make a difference with the Target account. SOL would be from 5/2008 if from last payment bringing account current, from 9/2008 if SOL is based on a payment of any type to OC. We also have made no acknowledgement written or verbal or made any kind of arrangements w/ CA/JDB to toll SOL so SOL is based on original account.

I was referencing dates for 2 different things: the 6 year SOL to collect the debt (based on me living in MN) and the 7 year reporting (not sure if that's also considered a SOL or if there's another term for that.) If I understand correctly, the SOL to collect debt is based on DOLA (unless I would 'toll' it with the CA/JDB) and limit for reporting w/ CRA??) is the standard 7 years from first date of final deliquncy (DOFD the right accronim for that, right??). Experts sure can pitch in and let me know if I am intepreting this correctly.

Re: Target OC Hmm. Looks like a partial payment made 9/12/08, not enough to bring current but it looks like this was the last payment made by DH on the account. So... would SOL go from date last payment received (9/12/2008+ 6years), and reporting timeline from first date of major deliquency (5/2008 + 7 years)??

Sorry, ICANHASMUNY? I meant to thank you specifically BUT had a WHY CHAT post I'd just been reading on my mind! Thanks to all CB for your help and feedback over the years BTW

. Going to pull out the file boxes to confirm but it seems last Target payment was May '08, OC reported late in June 'o8 and no payments after that, but double checking to see if any partial payment were made after that. Last Verizon payment activity May 08.... It does seem that Midland has laid significantly off of the lawsuits in MN after the MN ATTY GENERAL went after them for robo-filing afidavets. I think they are less likely to pursue lawsuit unless they have records from OC to support their claims... I still am on the fence about what would be gained on my end by validating at this point in time, whereas MCM would then, if I DV...have incentive to pay the extra to try to receive extra records from OC, and then use those records to attempt a lawsuit before SOL runs out. As much as I am tempted to jump at this renewed chance to 'validate' I am thinking the smarter thing would be to do a 623 dispute in a couple mounths when it's out of SOL and I can tell them to FOAD... Thanks for the feedback, WHY CHAT...I'm trying to be smart about this, while acknowleding my tendency to overthink things.

I live in MN, which has a 6 yr SOL if I am correct....The OCs are Target National Bank (for retail store card) and Verizon Wireless (wireless service contract & fees)... The JDB for both is Midland Funding/MCM. If the assumption of a 6 yr SOL stands, I think that SOLs on both would expire somewhere around May/June '14..... I also am curuious about if SOL is linked solely to borrower 's state or OC state. My other throught would be submit a "weaker" DV letter, meaning not being heavy-handed NOT specifiying what documents they should provide ( copy of original signed contract) right off the bat, but still enforcing our rights under this "fresh" dunning letter, and then be prepared to push back for better validation, and reveal being more informed debtor if & when they do what I would expect with just a minimum amount that wouldn't end up standing up to FTC standards.We have somewhere around 90 to 120 days before we'd be out of SOL, so I suppose that could go either way.

DH & I received recent dunning letters at our new address for a couple JDB accounts in his name. We did receving these letters at our previous address, but with no response from us. As these are legitimate OC debts, are still within last couple months of 6 yr SOL my concern would be that DVing them at this point might have more of the effect of waving and saving "here we are!!" and urge them to pursue getting more records from OC. (If i understand correctly most JDBs only get partial account info with purchase, they would need to pay extra to request from OC who may or may not still have full account info. at this point in time). I quess my question to the board is this: Is my logic for NOT DV'ing at this point sound? IE. they have already being reporting on CRAs for some time, never DV'd or disputed with CRAs. Since we have just months left before they are SOL, is it pehaps better to remain under the radar in that sense? Our collection score has gone up (i think) as we have been made a couple large payments to pay off car loan, and collectors are popping up again. I wonder if it might be more effective, from the perspective of just being lower on JDB's collections radar during last couple months of SOL to write requesting a limited C&D (written communications only) and advise them that DH is recently disabled (since '12) and only income is exempt (SSDI & disabilty pension) rather than poking the bear and asking them to go out and validate this account. Your thoughts appreciated as I am still figuring this out.