creditdiva

Hi Centex, Forgive me, as i haven't been on the boards in many moons, so somethings i have forgotten. I also saw your non-attorney/client tag line. A tailored letter regarding the factoring and 1 month term on the CR? Would a letter to CFPB be worth while as well? I'm trying to re-read and refresh my memory, but it seems that PRA doesn't fold as easily, and then throw in the fact that i didn't dispute anything. Thank you for any assistance.

Is the interest in dealing with this CO/collection directly related to your desire to be approved for a mortgage? Yes and No. The collections were discussed before i put in the app, and was told that since the collections are close to seven years and under $2,000 that the chance of my getting the loan is very high. Once i put in the app, i get a call back that they found disputes on the collection tradelines and i have to have the disputes removed, which i never disputed, in order to proceed with the app. So if the chance of getting the mortgage approved is very likely, why am i here? The answer is (my thought process and not trying to be snarky) i should just request the verbiage to be removed and be thankful that i am most likely going to be approved, but i wonder if having the verbiage removed will be a constant thing until i get approved, since PRA dings/updates every month. Also, with the rapid rescore i was provided, having PRA removed will give me around a 20 point boost, not including my one credit card that is about to be paid down to make it under the 30% utilization rate. If so, are you concerned with the impact these TLs are having on your score, or how they would otherwise weigh on a decision to approve you for a home loan (if the latter, is this based on an assumption or have you been told that you can't get a mortgage with these TLs the way they are)? I am concerned about the points i can gain if the TLs were removed (impact the TLs are having on my score), and that will definitely help with the difference in what my mortgage payment would be, over the life of the loan. Regardless, PRA will PFD, if that's worth anything to you between now and November. Never say never, but i do not plan on paying them since i am so close to the homestretch, but i am aware of their payment plan that is being offered. From their FAQ (https://www.portfoliorecovery.com/prapay/help/contact-us). Will PRA, LLC remove the account from my credit reports after it has been resolved? Your account will be considered paid-in-full or paid-in-full for less than the full balance after your final payment is successfully posted. Within approximately 30 days of your final payment successfully posting, we will request that the credit reporting agencies delete our tradeline related to your account from your credit bureau report. PRA, LLC is required to delete the reporting of its tradeline seven years after the original date of delinquency, regardless of paid status.

Hello everyone, and it has been a while since i have posted. Here's the situation: I have two collections that have finally made it out of SOL as of December 2020. The collections are from Capital One and Portfolio Recovery as the collection agency. I do not have any charge offs on my credit, only the two collections that are sitting as negative, the rest of the CR is positive (payment history, etc) Every month when PRA dings/updates my CR the verbiage "dispute resolved - customer disagrees" and also "factoring company 1-month term" AND "collection/attorney/internal debt" (something to that effect) appears on the report. I have been laying low and waiting until the two remaining collections drop off later on this year, but I have to move from my roommate rental (renting for some years before collections) because the house i'm sharing will be going up for sale. I had the choice of applying for an apartment or house, and i went for the house since the rent and expected mortgage would be almost the same. I currently live in GA (6 yrs SOL). The two collections total about $1,600. I would like to have the two collections removed now, but from the Master Obsolete thread, the CR agencies will not budge until within a month or maybe two of them being obsolete. I also cannot find the thread on CA or JDB reporting as "factoring companies/1-month term/dispute reporting constantly" to refresh my memory on what to do. So i come for help regarding my situation. The collections are scheduled for deletion November of this year. Also, to my knowledge, i have never disputed the collections because it was in SOL and the length of Georgia's SOL, and also my credit binder does not contain any dispute letters for these two, only their collection effort letters. Thank you for any help, and i hope that i placed everything in this post without being too long winded.

I do apologize about just now posting a response...internet issues, oh internet issues. Anyway, ic systems never sent me a collection notice, i don't recall receiving one. I had mail forwarding and i do not remember receiving anything. I would have responded with asking for proof if i did receive the collection letter as i keep any green cards from my mailings. Any help is appreciated.

IC Systems is on my credit report for Transunion and Experian, as they dropped off of Equifax a few months ago. This is scheduled to stay on my credit report until 2020. On my credit reports it is listed as collection for a utility company from 03/2014 and reported 05/2014. The original balance is showing $128 and the other section shows amount due as of this month $154. I remember moving out of my apartment in that year (october of 2014, not 03/2014), but had mail forwarding, which even then I shouldn't have had a balance due, nor do i recall receiving anything from the utility company in my mail forwarding. I never received anything from IC Systems, just noticed it when it hit credit karma. It has been reporting for some time now, i say about a little over a year. I've read the boards about IC system, but i'm still at a loss of what to do. I really do not recall any letters from the utility company nor the ca regarding this. Also keep in mind that the whole 03/14 date is mind boggling because i was still in my apartment at that time and of course before (year lease). I would think that my utilities would have been disconnected if i waited a long time to pay or never paid but still continued to live there. Any help on how to handle this would be greatly appreciated. BTW - GA is the state i reside. thank you.

I did some housekeeping/investigation and found a few dunn letters from them and letters from three CA that dunn me before being passed to midland in a folder in an old backpack. From what i can gather the dunn letters seem sporatic from midland. Im thinking they may not (hopefully) have had anything once it was passed to them and thats why there was no validation from them. In any event they may have sent something that i overlooked because,hey, im now finding past letters from them...but i still seem to remember not seeing anything from them. Ill do more digging and will take to my storage to see what i can find. Thanks to all who helped me and holefully nothing comes of this.

Yes, i remember sending the validation letter within the 30 days of the initial dunn letter because i moved to another apt but i can't find it and we are talking a little over two years ago. Im wondering if i send a second validation letter how it would be worded in terms of needing an actual date of the first validation letter. I know the burden of proof is on them, but trying to find the initial letter is bothering me a little.

I meant to add Midland never validated, ive never received anything from them as proof, but continued to dunn me.

The letter states a little over $1,000 for a cc. I dont know about a ITS because it is in SOL (GA) and they have it from 2014. Im just at a loss of what to do. I cant find my green card and letter from when i sent validation request and they kept on sending the dunning letters but marked my CR as being in dispute.

I received a letter from Midland with the heading that this was a prelegal notification. They stated that they have attempted numerous times to contact me and were considering seeking legal litigation and that they may refer the account to an attorney in my state if they don't hear from me by the end of this week. Has anyone had a letter like this mailed to them. I remember asking for proof and they even notated it on my cr but i cant seem to find my letter that was sent. I don't want the drama of the attorney if pursued. I would like any help if possible.

I am in need of some guidance dealing with Portfolio Recovery Associates (PRA): PRA sent me the initial dunning letter regarding a CC account for around $700 with a date on the letter as 11/07/2016, and i sent my letter disputing and asking for validation Cert mail with green card...the green card shows signed on 12/06/2016. I never received any type of response from PRA, no validation or proof, and low and behold it was inserted on my credit report recently and shows the account was opened on 10/21/2016 (per Credit Karma....i will be ordering my real CR today). The account open date on the CK credit report is two days after the CC company sent a letter stating PRA had bought the account outright. Of course i am in SOL, and i know disputing it could poke the bear, but i'm wondering what steps can be taken? Also, i will have to double check the amount their asking for as i don't recall that amount being correct. My question also is even though the initial PRA letter states they have to receive the dispute within 30 day of my receiving the letter....would it be correct to go by the date on the actual letter as your thirty day clock or by the envelope? I know it may sound silly, but on my report PRA placed that it was disputed, but met FCRA requirements...any advice would be appreciated.

I have a paid state tax lien showing on TU and EQ. The release date was 03/10, and according to TU, is scheduled to delete in Feb 2017. The tax lien was suppose to have been deleted in Aug of this year as some of my tax refund paid off the remainder of the payment plan I had with them in 2009. Do you think that a the jack attack method would do, or online dispute as obsolete (hoping for early deletion), or let it simmer until Feb? TU has a three errors on how it reports, EQ has two errors. Please give me your take on how you would go about it. Thank you.

Bump

Thanks for your reply. I'm not expecting a deletion, because of who cap1 is, nor do they have to. Cap1 stop sending statements to me period after it charged off, I haven't received statements since the CO date. Also, the amount doesn't change every month, it stays the same but it charges off every month. The reason behind asking do I speak or write to a certain person is because I'm sure the regular csr phone line is not going to produce any results as far as it getting paid, I'm thinking they will not be able to help. I read on another credit board that cap1 referred a CO person to the CA, but the CA told them that the account was sent back to cap1, so they paid cap1, but they didn't say if they went through the exec office or what. So here are the bullet points: 1. I'm not expecting a deletion, I understand that. 2. I'm looking to pay without going through a CA and I would rather go to cap1, but I'm thinking the regular csr phone line will not help. 3. I'm wanting to know if anyone has dealt with cap1 after a co by phone or mail with no CA reporting? 4. I would rather deal with them by mail and would like to know how to word a letter. 5. Can cap1 continue to CO every month with everything remaining the same in my cr (no amount change, no date change except the report date not the dofd) if I haven't received a statement in a year? I'm at a place now where I can pay it, but just need a little direction. I understand they will not delete for payment and that is not a concern of mine at this moment. Thank you guys for any help.

Thanks for the reply. I pretty much know cap1 is not the deletion type of company, so I never even put any hope in that, but my question was has anyone had any luck/favor with going back to cap1 and making the payment? Since they still have the account and the CA that have dunned are not reporting on my CR, I was interested in if someone had spoken or written a letter to a specific person at Cap1.