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BoxCar44

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About BoxCar44

  • Birthday January 29

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  1. I fully support that idea. How many years would that really take?!
  2. My guess, is that unless you were checking it habitually, then you aren't likely to experience an issue. I, on the other hand, can't get through via ANY method: review my report again; recently denied credit; free annual report links. I am blocked from any UNPAID method. I would suggest you call and check, dodgerduck. The first few times I called, they told me it was a system error and sent me new reports. Finally I was escalated and that's when I got captain bia who informed me of my demise.
  3. I'm with Momo, it sounds like a scam. You should definitely check it out to be sure. Though it might have been a small amount then, interest and fees continue to accrue until it's paid in full, so it's quite likely that should your sitch be valid, you've been racking up interest over a few decades. Check the nslds to see who holds your loans, though I would be curious to see why no action has been taken prior to now. Most gov loans go after garnishment once you hit about 9-12 mos default. Anyhow, if that shows your gov loans owing and their status, you should be able to proceed fairly easily from there. If the loans they are bothering you about aren't listed in the nslds, then they're private and WAY passed SOL. As an FYI, Federally backed student loans can still be discharged in a BK. It's just very difficult to do so successfully, as the government makes you prove extreme financial hardship. Most often, attorneys suggest the BK 13 instead, to manage the SLs.
  4. Yeah, they have blocked you. I got blocked. For about 10 years, I've used the BD to refresh my reports. I called and finally got transferred to a manager. She said my access has been blocked due to excessive use. I have to call from now on. I asked her what's the difference in my calling for a free report v online access, and she said that the number of valid times I'd call wouldnt net the same as the number of times I'm getting a refreshed report online. I basically told her that I can essentially call every time one of my creditors does a review of my account and it shows a record in my file, which is equivalent to how often I'm accessing my file. She tried to argue this and put me on hold. She comes back and says while this might be correct, she has a hard time understanding why I need my report so often. I told her that's not her business nor her place to ask and unless she could legally block my requests via the phone, then I suppose they will now send me paper copies as often as I was receiving the ecopies. There is now a request to unblock me, given the situation. She said I would likely have access again within 10-15 days...
  5. Happy Happy Birthday Breeze!!
  6. Might be scamming folks to make back what they lost from their last scam: http://www.sec.gov/news/press/2003-176.htm
  7. No apologies at all, I just thought something changed again for them, lol!!
  8. Wait...did I miss something? I thought they were Synchrony. Is Synchrony sucky or Comenity, or both?
  9. Not sure if this has what you're looking for: http://www.mwl-law.com/wp-content/uploads/2013/03/statute-of-limitations-for-all-50-states.pdf
  10. ^^THIS^^ VERY important lesson here, folks. I'm afraid to ask. Nightcrawling descriptives can get...scary.
  11. How old is the account that's on Chex? Chex reports negative info for 5 years. If you pay the bank, and they send an update to Chex, it resets the clock for another 5 years but it will show as paid. Just be prepared to explain it to a bank even if paid for the next 5 years. If it's close to falling off you could consider waiting, if you can do what you need to do now. Once it falls off then pay it. Has that changed? They (chexsystems) told me it's from the initial reporting date and they can only report for a total of 5 years, whether paid or unpaid. My entry was updated as paid in full recently and will expire in 2018. Read post #4 http://creditboards.com/forums/index.php?showtopic=488341 Ahhh, ok. That info is wrong. SOL for judicial privilege and reporting time are being used interchangeably and incorrectly in that post. To my knowledge, chexsystems is governed by FCRA. Restarting a debt reporting merely because it was paid isn't legal and would subject them to a lawsuit. Post 4, point #4 has nothing to with SOL. That point is talking about Chex reporting. I don't see anything in that post that is mixing up SOL and reporting periods, and it all looks correct to me. This is the consensus of the leads in the Chex forum. From what I understand, the old TL is removed and a new TL is reported as paid. That would be the only reason I can thank of as to how they get away with doing this. First, let me start off with an apology if I offended you with my post. The tone of your reply and subsequent commentary is indicative of this feeling and it was not my intent. If I misunderstood what you were referencing or the point of your reference, I sincerely apologize for this. The post you linked to included the following text: "4. Many times paying off the reporting bank can cause you to be reported for a longer period of time than you would have been if you had not paid the debt owed. For example: a report that is from 2006 will be removed in 2011. If it is paid the bank can choose to report it 5 years from the date last paid. So for example a debt on a report from 2006 is paid in 2010, the report would not be removed until 2015. This is why I sometimes suggest NOT to pay the debt owed to the reporting bank(s) especially on accounts that are older ones. Certain actions can restart the debt statute of limitations on a dormant account. This includes: acknowledging that you owe the debt making a payment entering a payment plan making an agreement to pay making a charge on the account If the clock on the statute of limitations restarts, it starts back at zero. This gives the creditor or collector more time to use the court to force you to paythe debt. With that said, I have never heard of a person being reported longer just because they agree to pay and then didn't I have heard of some banks that have reported people for an additional 5 yrs from the last date of payment made" (end quote) It does speak of SOL and restarting the clock for reporting time. I merely made mention of FCRA because it is not legal to restart the reporting time for any debt governed by FCRA, which would make any additional time, beyond the 5 years they are allowed to report, illegal. I was not attempting to educate you nor imply you had no knowledge of FCRA. My intent was to merely state that the information posted there might not be correct and if anyone was subjected to such action, it would have legal implications. I understand we all have our own interpretations of these things and I don't at all purport my opinion and interpretation to be fact. I was just sharing it and my experience in dealing with chexsystems, which apparently differs from the consensus of which you make mention. In any case, as I originally stated, I meant no offense or disrespect and apologize for any misunderstanding derived from my post(s). Boxcar No offense taken at all. Don't worry about that. I don't mind being wrong about something when I am wrong. That's how we all learn. Don't pay any attention to Houston. She does special things at home at night. The part where they talk about the SOL is a different subject from #4, at least the way I was reading it. The order of what's talked about there is confusing. The SOL part I consider point #5. The other thing about it being under the FCRA is that it can at least be reported for 7.5 years and not 5. Maybe people are getting them updated and it remains until the 7.5 point. The FCRA wouldn't limit Chex to 5 years. Let me read the Chex threads more and if I can't find anything that argues either point, maybe I'll start a thread and see why people think it can remain longer than the normal 5 years. Thanks Funkiehouse, I appreciate that. LOL @ HL. Understood, though I had been following quite a bit of HLs advice... If you do find other info, please do post. Their (chexsytems) website says they only report for 5 years, though it doesn't elaborate on details. The 5 year term seems definitive, though it can be subjective I suppose. If I happen to find anything as well, I'll definitely share.
  12. How old is the account that's on Chex? Chex reports negative info for 5 years. If you pay the bank, and they send an update to Chex, it resets the clock for another 5 years but it will show as paid. Just be prepared to explain it to a bank even if paid for the next 5 years. If it's close to falling off you could consider waiting, if you can do what you need to do now. Once it falls off then pay it. Has that changed? They (chexsystems) told me it's from the initial reporting date and they can only report for a total of 5 years, whether paid or unpaid. My entry was updated as paid in full recently and will expire in 2018. Read post #4 http://creditboards.com/forums/index.php?showtopic=488341 Ahhh, ok. That info is wrong. SOL for judicial privilege and reporting time are being used interchangeably and incorrectly in that post. To my knowledge, chexsystems is governed by FCRA. Restarting a debt reporting merely because it was paid isn't legal and would subject them to a lawsuit. Post 4, point #4 has nothing to with SOL. That point is talking about Chex reporting. I don't see anything in that post that is mixing up SOL and reporting periods, and it all looks correct to me. This is the consensus of the leads in the Chex forum. From what I understand, the old TL is removed and a new TL is reported as paid. That would be the only reason I can thank of as to how they get away with doing this. First, let me start off with an apology if I offended you with my post. The tone of your reply and subsequent commentary is indicative of this feeling and it was not my intent. If I misunderstood what you were referencing or the point of your reference, I sincerely apologize for this. The post you linked to included the following text: "4. Many times paying off the reporting bank can cause you to be reported for a longer period of time than you would have been if you had not paid the debt owed. For example: a report that is from 2006 will be removed in 2011. If it is paid the bank can choose to report it 5 years from the date last paid. So for example a debt on a report from 2006 is paid in 2010, the report would not be removed until 2015. This is why I sometimes suggest NOT to pay the debt owed to the reporting bank(s) especially on accounts that are older ones. Certain actions can restart the debt statute of limitations on a dormant account. This includes: acknowledging that you owe the debt making a payment entering a payment plan making an agreement to pay making a charge on the account If the clock on the statute of limitations restarts, it starts back at zero. This gives the creditor or collector more time to use the court to force you to paythe debt. With that said, I have never heard of a person being reported longer just because they agree to pay and then didn't I have heard of some banks that have reported people for an additional 5 yrs from the last date of payment made" (end quote) It does speak of SOL and restarting the clock for reporting time. I merely made mention of FCRA because it is not legal to restart the reporting time for any debt governed by FCRA, which would make any additional time, beyond the 5 years they are allowed to report, illegal. I was not attempting to educate you nor imply you had no knowledge of FCRA. My intent was to merely state that the information posted there might not be correct and if anyone was subjected to such action, it would have legal implications. I understand we all have our own interpretations of these things and I don't at all purport my opinion and interpretation to be fact. I was just sharing it and my experience in dealing with chexsystems, which apparently differs from the consensus of which you make mention. In any case, as I originally stated, I meant no offense or disrespect and apologize for any misunderstanding derived from my post(s).
  13. Means all laws pertaining to credit card accts in GA are governed by theirs and federal law only, unless it's stated otherwise in a written agreement. Similar to what I mentioned earlier about choice of law, if included in CC agreement.
  14. How old is the account that's on Chex? Chex reports negative info for 5 years. If you pay the bank, and they send an update to Chex, it resets the clock for another 5 years but it will show as paid. Just be prepared to explain it to a bank even if paid for the next 5 years. If it's close to falling off you could consider waiting, if you can do what you need to do now. Once it falls off then pay it. Has that changed? They (chexsystems) told me it's from the initial reporting date and they can only report for a total of 5 years, whether paid or unpaid. My entry was updated as paid in full recently and will expire in 2018. Read post #4 http://creditboards.com/forums/index.php?showtopic=488341 Ahhh, ok. That info is wrong. SOL for judicial privilege and reporting time are being used interchangeably and incorrectly in that post. To my knowledge, chexsystems is governed by FCRA. Restarting a debt reporting merely because it was paid isn't legal and would subject them to a lawsuit.
  15. How old is the account that's on Chex? Chex reports negative info for 5 years. If you pay the bank, and they send an update to Chex, it resets the clock for another 5 years but it will show as paid. Just be prepared to explain it to a bank even if paid for the next 5 years. If it's close to falling off you could consider waiting, if you can do what you need to do now. Once it falls off then pay it. Has that changed? They (chexsystems) told me it's from the initial reporting date and they can only report for a total of 5 years, whether paid or unpaid. My entry was updated as paid in full recently and will expire in 2018.

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