obewon
May 29 2007, 03:53 PM
If anybody could help me, I would appreciate it greatly. I have searched your website for hours for answers to my credit report problems but am unable to find a definite answer.
I have 2 collection accounts from 1 student load debt back in 2001. The first one is from the Dept of Ed. The 2nd is a collection company they sold the debt to. The first collection is listed COLLECTION/PAID, but the collection co they sold it to keeps listing me as 120 days late on equifax, making my EQ score 20-30 points lower than the other 2. I've never communicated with and never made a payment to the collection account or agreed to pay them in any way (due to their dirtbag collection tactics), but they are listing my account as 120 days late every month for years it seems. I'm thinking this is lowering my EQ score since it is in the 575 range despite never missing a payment on anything in 4 years.
I am trying to find an easy answer (because I've already dozen of pages on this site) as to what form to send or what to do when collection accounts out right lie about status to try and damage your credit.
Also, if my student loan was opened in 2001 and became derog in 2002, isn't it due to come off my report in 2009? The collection they sold it to has 2003 date of last activity in attempt to stay on my report another year. What if anything can I do about that?
Thank you in advance.
LynnInMN
May 29 2007, 03:58 PM
QUOTE(obewon @ May 29 2007, 03:53 PM)
If anybody could help me, I would appreciate it greatly. I have searched your website for hours for answers to my credit report problems but am unable to find a definite answer.
I have 2 collection accounts from 1 student load debt back in 2001. The first one is from the Dept of Ed. The 2nd is a collection company they sold the debt to.
They filed a claim with your guarantor....they did not sell it to a collection company. The first collection is listed COLLECTION/PAID, but the collection co they sold it to keeps listing me as 120 days late on equifax, making my EQ score 20-30 points lower than the other 2. I've never communicated with and never made a payment to the collection account or agreed to pay them in any way (due to their dirtbag collection tactics), but they are listing my account as 120 days late every month for years it seems. I'm thinking this is lowering my EQ score since it is in the 575 range despite never missing a payment on anything in 4 years.
I am trying to find an easy answer (because I've already dozen of pages on this site) as to what form to send or what to do when collection accounts out right lie about status to try and damage your credit.
Also, if my student loan was opened in 2001 and became derog in 2002, isn't it due to come off my report in 2009? The collection they sold it to has 2003 date of last activity in attempt to stay on my report another year. What if anything can I do about that?
Thank you in advance.
Open dates and DOFD mean nothing for student loans. The 7 year reporting SOL goes from the date that the claim was paid.
You defaulted. The department of ed requires valid lates and defaults be reported until they naturally age off.
obewon
May 29 2007, 10:46 PM
It will fall off 7 years after it was paid?
It never got paid and never will. They took $400 out of my taxes one year, but never deducted that amount on my CRs or the bill they kept sending me. As a matter of fact, they added on $300 for their "collection fees". I only owe $1400 on it but they called and harrassed my family and called everybody on my street and asked them if they knew me, so on moral basis alone I'd rather die than give them my money since this seems to be a legal corruption allowed here in the US.
So when would you say it will fall off my credit report if I never paid on it and never will? Where would I look to see my state's SOL laws? I live in GA. Thanks.
Cynic
May 29 2007, 11:11 PM
In that case, I *think* it would fall off 7 years from the time it was assigned to the Secretary of Education for collection, however, there will never be any SOL on collecting it as the laws are written now.
If you can prove a collection agency violated FDCPA in attempting to collect you have a claim against them, and possibly against the entity that hired them.
If you can prove the holder of the loan did not apply a payment to the account you are entitled to an adjustment to the account, and an adjustment to interest and fees retroactive to the day the payment should have been applied. An involuntary payment would not entitle you to any credit reporting other then an adjustment of the default balance they are collecting.
None of the above abrogate your responsibility to repay your public debt; again, there is no SOL on collecting it. They can continue to charge interest and collection costs until the day it's paid in full.
LynnInMN
May 29 2007, 11:12 PM
QUOTE(obewon @ May 29 2007, 10:46 PM)
It will fall off 7 years after it was paid?
It never got paid and never will. They took $400 out of my taxes one year, but never deducted that amount on my CRs or the bill they kept sending me. As a matter of fact, they added on $300 for their "collection fees". I only owe $1400 on it but they called and harrassed my family and called everybody on my street and asked them if they knew me, so on moral basis alone I'd rather die than give them my money since this seems to be a legal corruption allowed here in the US.
Have you read this forum??? There is no SOL on student loans. They will seize your tax returns, garnish your wages without a court order and then if a balance is remaining, they will garnish your social security. Your taxes where applied to your balance..however you have daily accruing interest not the mention the collection fees which you agreed to pay if you defaulted on your loan.
In your prom note, you agreed to keep your lender informed of your contact information. Obviously you didnt so they are calling the references you listed on your original prom note. Nothing corrupt or illegal about this.
You will pay this debt whether you like it or not. In the meantime you are ineligible for FHA/VA mortgages, FEMA benefits and certain jobs. So when would you say it will fall off my credit report if I never paid on it and never will? Where would I look to see my state's SOL laws? I live in GA. Thanks.
Cynic
May 29 2007, 11:40 PM
Lynn broke it down nicely.
obewon
May 30 2007, 06:18 PM
QUOTE(LynnInMN @ May 30 2007, 12:12 AM)
QUOTE(obewon @ May 29 2007, 10:46 PM)
It will fall off 7 years after it was paid?
It never got paid and never will. They took $400 out of my taxes one year, but never deducted that amount on my CRs or the bill they kept sending me. As a matter of fact, they added on $300 for their "collection fees". I only owe $1400 on it but they called and harrassed my family and called everybody on my street and asked them if they knew me, so on moral basis alone I'd rather die than give them my money since this seems to be a legal corruption allowed here in the US.
Have you read this forum??? Not the complete forum, I DO have a life. Sorry. There is no SOL on student loans. They will seize your tax returns, garnish your wages without a court order and then if a balance is remaining, they will garnish your social security. Your taxes where applied to your balance..however you have daily accruing interest not the mention the collection fees which you agreed to pay if you defaulted on your loan.
"In your prom note, you agreed to keep your lender informed of your contact information. Obviously you didnt so they are calling the references you listed on your original prom note. Nothing corrupt or illegal about this. "
You asked if I read the forum, so I must ask YOU if you have READ MY POST? Please do not make assumptions about my situation as you do not know me. I had to move inbetween states after college and was all but homeless for a couple of years so I COULD NOT BE CONTACTED. Thanks for not assuming that I was just dodging my student loan for the sake of it and trying to preach to me the promises I made on my "prom" note! Not that it's any of your business, but they didn't just call the references once every now and then to find out if they had heard from me but they called them 3-4 times a day. Let's not be ignorant and say that's perfectly acceptable. I don't give a rat's @$$ if the laws of this country say that it legal to harrass people in this manor. IT IS NOT ACCEPTABLE TO ME. Nor is calling complete strangers on the same street who have nothing to do with the debt, who don't even know me. I'm pretty sure if this isn't in violation of some kind of privacy act in the U.S., with all the pointless laws we have, IT SHOULD BE. Also, it's not like the collection added the $300 over a long period of time (again, your assumption). I saw a letter than had been send right after they received my account and it already had the $300 added for "collection" costs. Collection costs = future harrassing phone calls we are going to make and paper we send you? Again, if excessive collection fees aren't already against the law it should be. Thanks for your non-help. You will pay this debt whether you like it or not. In the meantime you are ineligible for FHA/VA mortgages, FEMA benefits and certain jobs. [/color]
So when would you say it will fall off my credit report if I never paid on it and never will? Where would I look to see my state's SOL laws? I live in GA. Thanks.
LynnInMN
May 30 2007, 09:21 PM
Well if you kept in contact with your lender, you could have gotten 3 years and probably then some in hardship deferments. Then they would not have had to coming looking for you.
The point is, you WILL pay it, whether you like it or not.
Long Road
May 30 2007, 09:37 PM
IMO I bet after years of dodging it the balance is higher than he suspects.
To the OP... Lynn knows. Perhaps the assumptions are harsh, but I think you'd do well to listen. You asked and are being given correct answers, even if you don't like the answers.
The right thing to do would be to work out whatever you can with them to get the balance you owe down before you end up with a really big problem. It's up to you to do the right thing, and remember... two wrongs will never make a right, and they will always end up right on a public debt.
Please for your own sake get you head out of... the sand.
obewon
May 31 2007, 06:25 PM
[quote name='Long Road' date='May 30 2007, 10:37 PM' post='2318720']
IMO I bet after years of dodging it the balance is higher than he suspects.
Are you her lacky or what? AOL keyword:brownnose
Anyway, so basically you are telling me if I don't pay them, I will be ineligible for FHA/VA mortgages (already have a house), FEMA benefits and certain jobs (own my own business)? Meanwhile, I'm supposed to be shaking about all the interest and fees they're racking up against me in their own world?
Look, somebody shoot me if I ever get like you guys and start losing my hair over things like interest rates and credit scores and such nonsense that doesn't really matter in the world of people who can pay cash for everything. They will take a portion of my taxes every year? So what? Let them.
I was trying to get my credit score up for the novelty of it, but I'm glad I posted in here because it showed me that I am not like you or the people on here who stress themselves out over a 3-digit number. There are more things in life, folks, and hopefully you will realize that. The question you should be asking yourselves is "in a hundred years when I'm dead and gone and nobody remembers me, did I occupy the time in my one and only life with credit status?"
You can't take credit status with you when you die, nor money. My suggestion to all these stressed out people on here....find more joy in your lives and love what you have instead of trying to live beyond your means. God will take care of the rest.
LynnInMN
May 31 2007, 09:41 PM
Well you can look forward to your bank account being emptied on day....or a lien on your property. Good luck.
FYI....several of us are here only to advise people since we know how the system works.
fla-tan
May 31 2007, 10:21 PM
[quote name='obewon' date='May 31 2007, 07:25 PM' post='2321140']
[quote name='Long Road' date='May 30 2007, 10:37 PM' post='2318720']
IMO I bet after years of dodging it the balance is higher than he suspects.
Are you her lacky or what? AOL keyword:brownnose Obewon, take your attitude and place it somewhere else. You came here asking for advice but didn't like the accurate advice given you. If you don't like the truth, then get the hell out of here. And yes, I can say that since this forum was originally set up for me and I am also a member of management. While Lynn can, and has, been short with members her information is generally deadon.
Anyway, so basically you are telling me if I don't pay them, I will be ineligible for FHA/VA mortgages (already have a house), Unless you either did not take out a mortgage for the house or answered in the affirmative that you did have a defaulted federally guaranteed loan, you have committed mortgage fraud to get that house. Will that cause you to go to prison, most likely not but it could. FEMA benefits and certain jobs (own my own business)? Meanwhile, I'm supposed to be shaking about all the interest and fees they're racking up against me in their own world? And some day it could well be your world as well. If you want to run the risk of losing everything that you have worked to build up, that is your right and choice just don't come here and whine about it.
Look, somebody shoot me if I ever get like you guys and start losing my hair over things like interest rates and credit scores and such nonsense that doesn't really matter in the world of people who can pay cash for everything. They will take a portion of my taxes every year? So what? Let them.
I was trying to get my credit score up for the novelty of it, but I'm glad I posted in here because it showed me that I am not like you or the people on here who stress themselves out over a 3-digit number. No, I don't stress about credit scores. I do stress over being responsible and taking care of my commitments. You made a commitment and promise to pay when you signed the master promissory note to get your student loans. Now you are spewing all sorts of justifications to avoid following through with what you promised to do. If this is the way you run your business and personal life, that is your choice but don't bring that attitude here. There are more things in life, folks, and hopefully you will realize that. The question you should be asking yourselves is "in a hundred years when I'm dead and gone and nobody remembers me, did I occupy the time in my one and only life with credit status?"
You can't take credit status with you when you die, nor money. My suggestion to all these stressed out people on here....find more joy in your lives and love what you have instead of trying to live beyond your means. God will take care of the rest.
[/quote]
fla-tan
fla-tan
May 31 2007, 10:35 PM
QUOTE(obewon @ May 30 2007, 07:18 PM)
QUOTE(LynnInMN @ May 30 2007, 12:12 AM)
QUOTE(obewon @ May 29 2007, 10:46 PM)
It will fall off 7 years after it was paid?
It never got paid and never will. They took $400 out of my taxes one year, but never deducted that amount on my CRs or the bill they kept sending me. As a matter of fact, they added on $300 for their "collection fees". I only owe $1400 on it but they called and harrassed my family and called everybody on my street and asked them if they knew me, so on moral basis alone I'd rather die than give them my money since this seems to be a legal corruption allowed here in the US.
Have you read this forum??? Not the complete forum, I DO have a life. Sorry. There is no SOL on student loans. They will seize your tax returns, garnish your wages without a court order and then if a balance is remaining, they will garnish your social security. Your taxes where applied to your balance..however you have daily accruing interest not the mention the collection fees which you agreed to pay if you defaulted on your loan.
"In your prom note, you agreed to keep your lender informed of your contact information. Obviously you didnt so they are calling the references you listed on your original prom note. Nothing corrupt or illegal about this. "
You asked if I read the forum, so I must ask YOU if you have READ MY POST? Please do not make assumptions about my situation as you do not know me. I had to move inbetween states after college and was all but homeless for a couple of years so I COULD NOT BE CONTACTED. No, you chose not to be contacted. You were the person who didn't keep your student loan servicer knowing how to contact you and not the other way around. Did you ever even try to contact the servicer and make them aware that you were having problems? I strongly doubt it. That just wouldn't fit with your whine. It is always easier to blame everybody else, that way you don't have to take responsibility for your own actions, on inactions. It always amazes me when a person can find all sorts of excuses and is so able to blame everybody but the person who's fault it really is, themselves. Thanks for not assuming that I was just dodging my student loan for the sake of it and trying to preach to me the promises I made on my "prom" note! Not that it's any of your business, but they didn't just call the references once every now and then to find out if they had heard from me but they called them 3-4 times a day. And when were you made aware of this terrible treatment of your family, neighbors and others living there? When you did learn about what did you do to stop it, anything other than whine about it? Let's not be ignorant and say that's perfectly acceptable. Of course it isn't but let's not be ignorant and say that you are innocent either. You just don't seem to be willing to accept the fact that you screwed up and did it bigtime. I don't give a rat's @$$ if the laws of this country say that it legal to harrass people in this manor. IT IS NOT ACCEPTABLE TO ME. When you can make the rules fine, until then quit whining. Nor is calling complete strangers on the same street who have nothing to do with the debt, who don't even know me. I'm pretty sure if this isn't in violation of some kind of privacy act in the U.S., with all the pointless laws we have, IT SHOULD BE. Also, it's not like the collection added the $300 over a long period of time (again, your assumption). I saw a letter than had been send right after they received my account and it already had the $300 added for "collection" costs. And you agreed to it when you signed the promissory note. Both the collection costs and the default interest rates are set by the Federal government. Collection costs = future harrassing phone calls we are going to make and paper we send you? Again, if excessive collection fees aren't already against the law it should be. Thanks for your non-help. You will pay this debt whether you like it or not. In the meantime you are ineligible for FHA/VA mortgages, FEMA benefits and certain jobs. [/color]
So when would you say it will fall off my credit report if I never paid on it and never will? Where would I look to see my state's SOL laws? I live in GA. Thanks.
fla-tan
justblessed
May 31 2007, 11:13 PM
Wow, I won't tell you what to do with your money, but I must say that I hope you don't end up on the other side of the stick. Considering you own your own business, I would assume you hope to be paid as well. That's how the government and others feel. Sorry you don't consider credit scores all that important (considering what your scores are, I can believe that you don't) but for some of us, moral and honor mean a lot.
obewon
Jun 1 2007, 02:50 AM
Wow somebody just wrote a book. Must've hit a nerve. Power-twins, ATTACK!!! lol "take your attitude and place it somewhere else" are we in 2nd grade or just afraid to get ejected from the site? Say it like you got a pair, son. If your snow-white-and-the-seven-dwarfs lovin ass wants to step to me, step up like a man!! This isn't sesame street.LOL That picture of Angry dwarf is perfect for you. And who cares that the forum was set up just for you? Makes me feel kinda sorry for you since they had to create a whole forum for your problems.
fla-tan=long road?.. Lynn in Minnesota is your wife or what? Being under the thumb of the man probably builds up a lot of stress that needs to be released so the sex is probably good. I'm imagining your wedding cake having the american flag paintbrushed on it. You guys are such self-righteous pricks on this website. Are you kidding me? I have one loan in my entire life that I haven't paid yet for $1700 and you are preaching to me about morals and honor? Thats right, grease that wheel for the machine. They've brainwashed you guys perfectly. You are the perfect robot!
This is credit we are talking about here, right? Not going to war or anything for our country? Just wanted to make sure before you get on your soap box again.
This proves my point exactly. GET OUT OF YOUR HOUSES MORE OFTEN. I have no desire to post a response to all the idiotic statements you just made or are going to make, flanny. I can just see you sitting at home at your computer on the creditboards website like a little spider ready to jump. Well, then there is that break every now and then to visit the porn sites, eh buddy? BTW, why don't you say "whine" a few more times. Proves you don't have to have an extensive vocabulary to have good credit score.
$20 says he looks in the dictionary real quck and posts a response with "million-dollar words" as they call around his parts. I feel kinda sorry for you people. Have fun posting with yourselves. I have bigger fish to fry.
obewon
Jun 1 2007, 04:18 AM
Final Note to the Donald Trump wanna be: a 57 year old who has posted 7,271 on this website? I hope that your good credit will get you into a great old folks home, Flanny. Viagra is gooooooooood.
FOAD old fart
Cynic
Jun 1 2007, 05:25 AM
Nub, your tax refunds, wages, etc will pay for the claim that covered the amount you borrowed plus 98% of the interest and fees while we had your loan. Thanks to ED, the guarantors, and their collection agencies it's pretty hard for us to lose money. Since the CAs and guarantors turn a pretty good profit on morons like you, I'm all about them doing their thing. Helps my stock options:P
Fla-tan helps people that deserve it. Its an altruistic thing. You wouldn't understand. Also gets paid to help people finance the American Dream.
Some of us get paid to help people finance another dream: higher education.
Sounds like you don't feel so good about yourself and what you've done with your life.
QQ
fla-tan
Jun 1 2007, 08:10 AM
QUOTE(obewon @ Jun 1 2007, 03:50 AM)
Wow somebody just wrote a book. Must've hit a nerve. Power-twins, ATTACK!!! lol "take your attitude and place it somewhere else" are we in 2nd grade or just afraid to get ejected from the site? No, but I do have respect for others. There are people that visit here that have young children. Sometimes those children may also read some of the postings. This is one reason why vulgarity is a violation of the Terms of Service for this site. Personal attacks are as well. Say it like you got a pair, son. If your snow-white-and-the-seven-dwarfs lovin ass wants to step to me, step up like a man!! This isn't sesame street.LOL That picture of Angry dwarf is perfect for you. My grandkids like it too. I am glad you like it. And who cares that the forum was set up just for you? Makes me feel kinda sorry for you since they had to create a whole forum for your problems. No, not for my problems but to give back and help others, not that I need to justify or explain anything to you.
fla-tan=long road?.. Lynn in Minnesota is your wife or what? I see, you are wrong so instead of trying to find the best way to fix it, you personally attack the messenger. If you don't want the truth then don't come here. I am sure there are message boards that will more than welcome your whining attitude. Why not go there and then you can have someone stroke you ego and tell you how you have been wronged. Being under the thumb of the man probably builds up a lot of stress that needs to be released so the sex is probably good. I'm imagining your wedding cake having the american flag paintbrushed on it. You guys are such self-righteous pricks on this website. Are you kidding me? I have one loan in my entire life that I haven't paid yet for $1700 and you are preaching to me about morals and honor? Thats right, grease that wheel for the machine. They've brainwashed you guys perfectly. You are the perfect robot!
This is credit we are talking about here, right? No, this is fulfilling an obligation that you voluntarily agreed to. This is about keeping your word. Credit, in your case, is simply a visual representation of whether or not you are honest in your personal business dealings. Not going to war or anything for our country? Just wanted to make sure before you get on your soap box again.
This proves my point exactly. GET OUT OF YOUR HOUSES MORE OFTEN. You are the one that needs to get out of your parent's basement more often. Trust me, if you get out in the fresh air outside it may make you feel a little better. If the sunshine scares you, wait until after dark so it doesn't hurt your eyes too much, but do get out of the small dark room in your parent's basement. I have no desire to post a response to all the idiotic statements you just made or are going to make, flanny. I really don't care whether you respond or not. It is your life that you have srewed up not mine. It is obvoius that you are having a problem and just don't want to face reality. The nastiness of your responses shows very well that you are unwilling to accept anybody's ideas and knowledge that does not correspond to yours. I can just see you sitting at home at your computer on the creditboards website like a little spider ready to jump. Well, then there is that break every now and then to visit the porn sites, eh buddy? BTW, why don't you say "whine" a few more times. Proves you don't have to have an extensive vocabulary to have good credit score.
$20 says he looks in the dictionary real quck and posts a response with "million-dollar words" as they call around his parts. Nah, I don't need a dictionary to use big words. I used words I thought were closer to your level and that you might understand. I guess I was wrong about that. I will try to use smaller one syllable words from now on so that you can understand. BTW, send the $20 to a charity in Creditboards' name. I feel kinda sorry for you people. Have fun posting with yourselves. I have bigger fish to fry.
obewon
You are on the verge of being officially warned for violating the TOS.
fla-tan
breeze
Jul 9 2007, 07:50 PM
I think maybe Fla-tan did not read far enough back to see what all was said to him. He's a busy man.
Needless to say, people who talk to our moderators like that are no longer welcome at CB. If obewon comes back as someone else, or you suspect that he has, please use the report button or PM an admin or mod and let us know.
There are no hard feelings. we all wish him well, we just don't want him here.
I truly hope he succeeds in bending the entire universe to his will.
stefer1215
Jul 9 2007, 08:13 PM
QUOTE(breeze @ Jul 9 2007, 07:50 PM)
I truly hope he succeeds in bending the entire universe to his will.
(Breeze thanks for the similes by the way...I just love all the beach ones but they didn't seem fitting here
)
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