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Everything posted by bigbearfla

  1. A good friend had a car reposessed last year after he lost his job what kind of letters do I send into the credit bureaus to make this go away? all help will be appreciated!!
  2. Looking at your nubmer you can not afford a NEW CAR go look for a 2010 or 2009 car that would cost you less every month. And did you know that all new cars depreciate 40% the second you drive it off the lot!! go USED!!
  3. Made the mistake of co-signing a car lease my "FRIEND" has faulted on the payments I can not make them I am turning the car in can I get this repo off my credit reports?
  4. Let us know how this works out for you -- so we can do it too!!
  5. I have several loan defaults from mortgages I could not pay a few years ago during the real estate boom. Can these be disputed off my credit reports? Thanks, BBFL58
  6. (in rereading this, my wording is choppy, but it's a direct c/p for example purposes) As you can tell, my DVs include an explanation of why/how they were reporting wrong since after verifying the first time (after my general dispute to the CRAs) they obviously didn't know that they were reporting wrong When I've disputed this way, they usually fall off quickly. There have been a few exceptions, but considering how many baddies I started with, I consider this method a success. Then when I dispute with the CRAs (part 2 of the punch), I make sure that I am disputing the same bulleted items from above (in the dispute to the CA). The reason? Not only did I notify them of their specific errors in a dispute to them (the CA), but then the CRAs are supposed to inform them I am disputing the same items. If they verify and continue report (in this example as a factoring company), then I believe it makes it more credible as "willful negligence" and there can not be a bona fide error. Sometimes they fall off 2 of the 3 reports (darn you Experian!!).... if they do, then I use a variation of this letter by Sassy: I know it's sometimes a pain to send off letters, but here is a good reason to, especially when dealing with DFs (whether it's an OC or a CA): http://www.ftc.gov/os/2003/07/030710fcratestsenate.htm Overall...... my DVs have changed dramatically. I used to be a 3-liner, invoking only a FDCPA dispute. My argument? That they knew their obligations, and I don't have to lay it out for them. Today, I still am not laying out what is considered validation (which is legally a gray area) for them, but what I am doing though is making it clear to the CA/DF that I know my rights and will proactively protect them. So now, I make sure I fully utilize the protection laid out under the FCRA AND the FDCPA (but please, please, please check your state laws first as they may hold your greatest protection!). I also feel that this method provides a clear and concise paper trail. If I do decide to sue later, whether it be the CA or the CRA, I feel that my disputes were specific in their nature (xx and xx and xx are wrong) and specific in my requests (please delete within 10 days, etc). Before you get sue-happy, read the part in the FCRA where it explains that a consumer cannot sue to enforce section 623(a). Enforcement of this section is specific to the named governmental bodies. However, a consumer can sue to enforce section 623( b ) which has a relationship with the (a) provisions. COnfused? It's ok, I still am not 100% clear. So, when a CA pops up on my credit report (and have no received prior communication from the CA), I: 1) Dispute with the CRAs first 2) if verified, send out a 1-2 punch as outlined above, disputing both under FDCPA and FCRA 3) if a deletion comes back on 1 or 2 of the 3 CRAs, follow up with the DF with letter from above (thx sassy) 4) In the meantime, get to know your state laws.... if you have to escalate this to letters to the state AG, then this will be helpful to know.... do they need to be bonded? If you find out the CA is licensed properly(if required), then find out if there is a CA regulating board in that state or your state. 5) send out a second 1-2 punch if necessary..... usually this is an almost-ITS letter to both the CRA and the CA/DF what their violations are. My DV#2 includes dates, cmrr#s, specific violations, etc. Another reason I keep my letters specific and serious..... PsychDoc once said: I take those rights seriously and I will not have them trampled on by a bottom-feeding organization. These companies have cause me enough tears and sleepless nights I no longer am namby pamby about how I attack them, especially on hot-topics with me, such as SOL debts (sometimes 10 years or more). per the FTC, what are the responsibilities of the data furnisher? http://www.ftc.gov/os/2004/11/041119factaappg.pdf FCRA links in full : http://www.law.cornell.edu/uscode/html/usc..._41_20_III.html complete post by psych doc on attacking credit repair with a litigious mindset: http://consumers.creditnet.com/Discussions...dset-34965.html and if you haven't read it yet (or in awhile).... psych doc's seminars are a good periodic read and should be your bible on how to attack your credit report problems. /musings. attack away ETA for clarification: the original 1-2punch for for attacking CAs within 30 days of their first communication/letter to you. I do not mean for this to replace or even expand on that original post.... what I meant by 1-2punch was attacking the CA and the CRA at the same time causing the CA to violate more.
  7. I live in FL and I'm helping a friend in KY clean up his credit and need to find out if they credit bureaus call charged off CC accounts "Negative Items" or "derogatory credit" Thanks!
  8. Since 35% of your FICO Score is made up of your credit history -- the three credit cards - do not close them down just pay them off and leave them in a drawer if you need them for an emergency.
  9. I'd like to know how this turned out can you give us an update?
  10. Try getting on americanloansearch.com look for free credit repair link and send in another dispute address to Credit Bureau Updates not mine letter to Wells Fargo this may just work . Also for Household Bank find out who purchased the account and send another dispute letter CMRRR to that company.
  11. Everyone's different I started out in 2001 searching did not know CB existed at that time to get rid of 10 baddies on my credit reports I found americnaloansearch.com had free credit repair tips and letters to mail to the CRA's. It has taken me 4 years and now all the baddies are gone.
  12. The best place I found for letters for the CA is Free Credit Repair they have everything you want to know for FREE to clean up your credit reports with the Credit Reporting Agencies -- also depending on where you live you can also get a free copy of your credit report from Annualcreditreport.com I used the letters on American Loan Search and these letters really work I was able to make 10 charge off accounts go away!

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