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Showing results for tags 'MCM'.
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Equifax doesn't update/delete when told by creditor
prosper711 posted a topic in Credit Forum1. I had a Midland (ugh) account that I dispute with Midland, they agreed to tell the CRA's to delete it. TU and EX did so promptly, it has been 5 weeks and it is still on EQ. 2. Verizon Wireless, after 2 years just mysteriously disappeared from TU, then a day later from EX. 1 week later it is still on EQ. Does EQ just not delete if they are told to by the creditors? And a side note wondering why Verizon deleted after only 2 years anyway?
Just a note: I've already opted out, I've requested old addresses to be removed, I've ordered paper reports - I do have a TU from online as a 'summary' for now. Today I received a letter from Midland/MCM that they are the new owner of my Credit One credit card with a balance of $648.17. I'm about 120 days behind and I guess they sold it. I do owe the money. That said....the letter states they are the new owner and considering forwarding this account for possible litigation. If they don't hear from me by 12/15 they'll proceed. To stop from continuing I need to mail $300 or call to see if I qualify for discounts or payment plans. Then at the bottom it says "we will not report your debt to the credit bureaus if you set up a payment plan, make a payment by 1/31/15 and make all payments as agreed." Thoughts??
Midland Credit Management - How to Remove PIF Collection?
snufflypear posted a topic in Credit ForumI have 5 baddies remaining on my credit report. All 5 are PIF, and all are going to fall off within the next 10-15 months. 2 of these are from OC's and from what I can tell are VERY unlikely to be removed early (Amex and BOA). The other 3 accounts are all Midland Credit Management. They are all CO's that were PIF before I discovered that you can negotiate for a pay for delete with the collection agencies (boo...). I have done some research online and it seems that MCM is one of the worst CA's that can hold your account. I have called MCM 4-5 different times and spoken with 3 levels of supervisors attempting to get a goodwill deletion and they have all told me the same story: MCM does not delete any accounts, even PIF. I submitted a dispute to TU this past Monday with a request to verify all information in hopes that MCM will not bother, but am looking for any other ideas or strategies I can use. I have not yet tried sending any letters or emails to MCM. Has anyone had success bombarding executives / managers at MCM with emails? If so, who should I be emailing? Also, strangely, MCM is only reporting on EX and TU, not on EQ. Is there any way I can use this to my advantage? Any help would be appreciated. Need to see these baddies gone!
Help with DV letter to Midland
littlecredit posted a topic in Credit ForumI received a letter from Midland Credit Mgmt stating they are "the new owner" of xxx account and that MCM, "a debt collection company, is now the servicer of this obligation." It lists OC, original acct. #, MCM acct # and current balance. It is mine. I've read quite a bit and not sure if they technically have to send my anything else under the FDCPA, but will this work as a validation letter? Is there anything else I can/should do? To whom it may concern: In regard to the above referenced account, please be advised I dispute your claims and request full and complete validation per the Fair Debt Collection Practice Act and all applicable state laws. I also request that all communications be by U.S. Mail, as it is inconvenient for me to receive phone calls at home or at work. Sincerely, ________________ (no signature)
Midland - is their response legal?
SRQ posted a topic in Credit ForumWe sent a dispute to MCM for a time barred acct on DH's CR. Our dispute letter cited state law about time barred debt, told them to stop contacting us and to delete from CR. They responded with a bunch of old cc statements and a letter requesting payment. They also indicated they would no longer contact us as we requested unless it was to further respond to our dispute. Nowhere in the letter did they indicate the debt was time barred and that they would not sue. Is this a violation of the FDCPA? We live in FL. Thanks.
Let the games begin!
raduque posted a topic in Credit ForumAfter calling a few times a month for nearly a year, Midland finally sent me a dunning letter. As far as I can tell, still not reporting. Time to warm up the printer!
Midland (MCM) Success - Preciate ya WHYCHAT
lukegotswag posted a topic in Credit ForumHappy to say that after DVing Midland for the fiance with the basic DV from WhyChat's Page, Midland has responded to an out of SOL T-Mobile debt saying ... "Based on the information provided to use, we have instructed the three major credit reporting agencies to delete the above referenced MCM account from your credit file. Blah Blah Blah Blah" Thanks CB... Thanks WhyChat.. Pressing Forward!
MIDLAND.... hmm...what are you guys up to....
lukegotswag posted a topic in Credit ForumSo fired off some disputer letters to all three bureaus for the fiancee at the end of May and already received the results of the dispute from Transunion.... Talk about service with a !! Anyhow, so out of 4 disputed accounts, 3 were deleted, and among the included MIDLAND CREDIT MANAGEMENT for an old T-Mobile account!!! ... So right before we got to celebrating the victory as I was very worried if this was going to be daunting.. i also opened a collection letter that didnt look like any of the usual suspects. It read as follows... Dear Fiancee, The purpose of this letter ir to request your assistance so that we may reach a quick resolution to your dispute. As part of our investigation of your dispute, it would be helpful to have a copy of any documentation you may have that supports your dispute. In the interim, we have requested that the three major consumer credit reporting agencies change the status of this account to "Disputed."* Examples of such documentation include the following 1. Paid In Full or Account Settled: (examples were listed) 2. Fraud: (examples listed) 3. Balance Discrepancy: (examples listed) 4. Death of consumer owing the debt: (examples listed) Please mail any documentation you may have to support your claim to: Attention: Consumer Support Services PO Box 939069 San Diego, CA 92193 We can be reached at (800) 825-8131 ext 32980 should you have further questions. SIncerely, COnsumer Support Services *****THIS NEXT LINE IS WHAT IS LEADING ME TO THINK WE HAVE NOTHING TO WORRY ABOUT**** *Your credit report will not be updated if the federal reporting period has expired. MAIL CORRESPONDENCE BUT NO PAYMENTS TO: blah blah blah address.... So what i am being led to believe is that maybe they realized that this account is outside of SOL.. the account went bad back in 2005 at latest... instead of disputing using SOL, i did a verison of Not Mine to bureaus first... Midland account was opened in 2011 on the report but looks like they were smart. Anyone think there is anything to worry about with this showing back up? Is oru letter showing DELETED grounds for dispute if this were to occur. Thanks in advance for all replies.. PS.. Also deleted were a Macys account and old Hooters card with Merrick... JEFFERSON CAPITAL SYSTEM for an old charged off checking account that never even went to ChexSystems is still showing..
Is this my first deletion?!!
memaze posted a topic in Credit ForumI received a letter today from MCM stating that they have instructed the three major CRAs to delete the account from my credit file...yippee!!! But wait...then it said it does not affect any credit reporting of this account by the OC. So I'm guessing the OC will still report this in my credit file?? Has anyone else ever received a letter similar to this?
Letter from Midland Credit Management today
CTSMOM01 posted a topic in Credit ForumI received a letter that is from Midland today. It is in SPANISH! Mind you I speak English and do not speak any Spanish. This account is on my credit report and is listed like this Account Name Account Number Date Opened Balance Date Reported Past Due Status Credit Limit MIDLAND FUNDING LLC 07/13/2012 $495 03/20/2013 $495 COLLECTION ACCOUNT MIDLAND CREDIT MGMT INC 8875 Aero Dr Ste 200 San Diego, CA-921232255 (800) 825-8131 Account Number: Status: COLLECTION ACCOUNT Account Owner: Individual Account. High Credit: $495 Type of Account : Open Credit Limit: Term Duration: Terms Frequency: Date Opened: 07/13/2012 Balance: $495 Date Reported: 03/20/2013 Amount Past Due: $495 Date of Last Payment: Actual Payment Amount: Scheduled Payment Amount: Date of Last Activity: N/A Date Major Delinquency First Reported: 09/2012 Months Reviewed: 6 Creditor Classification: Activity Designator: N/A Charge Off Amount: Deferred Payment Start Date: Balloon Payment Amount: Balloon Payment Date: Date Closed: Type of Loan: Factoring Company Account (debt buyer) Date of First Delinquency: 05/2010 Comments: Collection account 81-Month Payment History No 81-Month Payment Data available for display. I translated the letter and this is what it says "PLAN FOR PAYMENT SPECIAL OFFERS ARE AVAILABLE TO HELP YOU RESOLVE YOUR ACCOUNT WITH T-MOBILE. I WOULD LIKE TO OFFER YOU THE OPPORTUNITY TO SETTLE THEIR ACCOUNT WITH A 40% DISCOUNT. REDUCE THE AMOUNT THAT MUST AND PAY OFF YOUR ACCOUNT TODAY. IF WE RECEIVE $296.77 BEFORE 05-11-2013, YOUR ACCOUNT BALANCE WILL BE CONSIDERED PAID IN FULL, BY SUSPENDING SO ALL COLLECTION ACTIVITY! IF YOU CAN'T MAKE THE SUGGESTED PAYMENT, WE COULD PROVIDE YOU WITH PAYMENTS AS LOW AS $50 A MONTH TO HELP SETTLE THIS ACCOUNT. WE COULD HELP YOU TO UPDATE. CALL US NOW AT (800) 282-2644 SO WE CAN EXPLAIN YOUR OPTIONS. WHEN YOU CALL, OUR STAFF WILL HELP FIND A SOLUTION THAT IS WITHIN YOUR BUDGET OR NEEDS. DON'T MISS THIS OPPORTUNITY TO SAVE $197.85 ON HIS BALANCE OF $494.62. WE LOOK FORWARD TO HELPING YOU. AND FROM THIS COMPANY COULD BE MONITORED OR RECORDED CALLS. So I wanna know what do you think I should do? I would love a PFD, but I know from other's experience that they won't budge. The SOL in NC is 3 years so it's close to it right? The first date of delinquency is 05/2010.