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devonc

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  1. you need to send thema a FOAD letter. in addition, you should check your provinces' collection laws to see if they are required to send you a letter befoer a phone call ( ontario ) and if they are required to tell you that the debt is past the SOL for legal action and reporting. if it above is true, then cite that violation in your letter to them and file a complaint with the appropriate agency for your Province. We are located at: Credit Bureau Services Canada 26 Queen St, P.O. Box 186 St. Catharines, Ontario L2R 6S7 905.688.9855 - telephone 800.263.4764 - toll free 905.688.9606 - facsimile 800.313.7813 - toll free fax here's a link I found. Collection Agency Licensing Statutes by Province and Territory Province or Territory Name of Licensing Statute Alberta Alberta Fair Trading Act British Columbia British Columbia Business Practices and Consumer Protection Act Manitoba Manitoba Consumer Protection Act New Brunswick New Brunswick Collection Agencies Act Newfoundland Newfoundland Collections Act Northwest Territories Northwest Territories Consumer Protection Act Nova Scotia Nova Scotia Collection Agencies Act Nunavut Nunavut Consumer Protection Act Ontario Ontario Collection Agencies Act Prince Edward Island Prince Edward Island Collection Agencies Act Quebec An Act respecting the Collection of Certain Debts Saskatchewan Saskatchewan Collection Agents Act Yukon Yukon Consumers Protection Act In the event a collection agency has violated the licensing statute in your province you may want to make a complaint against the collection agency to the provincial licensing administrator in your province Thanks, I will consult someone to find out about the law to be sure.
  2. I just ordered my report and score from Equifax and there are NO collection accounts on my file, just my regular revolving VISA and line of credit. The agency that called me is going to call me tomorrow, I will tell them to stop calling me. Thanks for your help guys!
  3. I am from Ontario. Thanks for this! I am going to purchase a report now and see
  4. That's what I thought for Canada too but I could be mistaken. Does anyone else know if this is the case?
  5. Gladly However, should this still be affecting my credit? Should I see this on my report?
  6. Ok thanks! I posted it there, hopefully I can ignore this thing.
  7. Hey, I had a FutureShop card in 1998, I was 18 and never ended up paying it and avoided it at all costs. I never knew or cared much about credit, I wasn't very good with money. Obviously I've grown up since then and I am now 32. in 2008 when I was 28 I cleaned up my credit and bought a house, got a line of credit with my bank and a VISA with my bank. The FutureShop debt was no longer on my report and I've did some research and found out that companies will close files and claim losses on delinquency so I thought that is what FutureShop did. I NEVER miss a payment and I NEVER am late on paying my revolving accounts. I often purchase a credit report just to monitor my score and my accounts because I am quite proud of what I've accomplished without claiming bankruptcy and because I want to make sure my identity hasn't be compromised. This morning I got an interesting call from an 1-800 number, it was someone from a collection agency about my FutureShop card. I don't mind paying off the debt but my question is shouldn't I have been able to see the debt on my report? Interest has been building up over the years... Could I use the "this was non-existent for years and interest has been adding and now suddenly it appears?" approach and ask for the debt lowered due to the debt never existing on my report in the past 6 years? What do I do? Should I see this debt on my credit report? Thanks
  8. I don't think the advice you were given applies then. Oh? so this type of thing has no limits? As in, they can just come back and slap something on your report from way back? I understand I didn't pay and it is my debt but to add that many years of interest and suddenly come back seems very strange to me.
  9. Interesting responses! I was a little shocked to hear from them as well. I wondered if this was normal, it sounds almost like a scam to me because when I talked to her I said "I closed this account when I bought my house because it was my first requirement in order to qualify for my mortgage" she said "we'll revisit this in a few days then and figure it out"... she was abnormally nice. It was a legit Collection Agency called Credit Bureau Services Canada 1-800-263-4764. Should I be seeing this debt on my credit report?
  10. MannyLNJ, this is a Canadian account.
  11. Hey, I had a FutureShop card in 1998, I was 18 and never ended up paying it and avoided it at all costs. I never knew or cared much about credit, I wasn't very good with money. Obviously I've grown up since then and I am now 32. in 2008 when I was 28 I cleaned up my credit and bought a house, got a line of credit with my bank and a VISA with my bank. The FutureShop debt was no longer on my report and I've did some research and found out that companies will close files and claim losses on delinquency so I thought that is what FutureShop did. I NEVER miss a payment and I NEVER am late on paying my revolving accounts. I often purchase a credit report just to monitor my score and my accounts because I am quite proud of what I've accomplished without claiming bankruptcy and because I want to make sure my identity hasn't be compromised. This morning I got an interesting call from an 1-800 number, it was someone from a collection agency about my FutureShop card. I don't mind paying off the debt but my question is shouldn't I have been able to see the debt on my report? Interest has been building up over the years... Could I use the "this was non-existent for years and interest has been adding and now suddenly it appears?" approach and ask for the debt lowered due to the debt never existing on my report in the past 6 years? What do I do? Thanks
  12. Hi, I am a home owner, I bought my first home in 2009. I purchased my Equifax score and report to see where I stand, I am in the "fair" zone with a 650 score, this has dropped from my 725 that I had 2 years ago, this makes me very sad. This year I plan on getting a new vehicle as my family is getting bigger and we're running out of room in the car. I am glad I checked my report before I got out of control! I had not realized how quickly I was digging a debt hole for myself, here is what I currently owe: $11,000 - line of credit. I knew this was a bad one and I have a plan to put down $200 weekly on this which I can easily afford $2000 - capital one. I forgot all about this card, payments come out monthly from my account, I need to keep better track of my money! $1500 - Apple financing, I pay down more the minimum required, balance is at about 1100 right now $1000 - VISA, this VISA is used A LOT, most of my bills come off of this card and I pay it off nearly every week at least 60% of it... I paid off my 06 car, I don't have a student loan anymore or anything else... It really doesn't seem like much to me but it is affecting my score and it's bugging me to have this many revolving accounts open. So... this tax season I am to get about $4300 back in taxes, logically my brain tells me to pay off the CapitalOne and Apple financing and close those 2 accounts but then my eyes say "MAKE THAT 11,000 AMT SMALLER!!!!" My question to you guys is what would be best for my score and my pocket? paying off CapitalOne and Apple and close the accounts or minimizing the amount on the line of credit?

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