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Found 230 results

  1. Does accepting a settlement offer on a closed credit card account help or hurt you in the long run. Account closed with Best Buy in December and now receiving settlement offers from CRA. Should you go for it? What about requesting a pay for delete along with it?
  2. Hello, everyone. For the past week or so, I've been reading up on ways to deal with a CA that recently showed up on my credit report. I stumbled upon Why Chat's HIPAA program, read through it, and while it's quite clear, I just want to make sure it is the right thing for me. I'd also like to use it to ask potential follow up questions along the process. It showed up on my credit report June 28th, with a Date of First Delinquency of February 20th, 2017. At the moment, it only shows up on Equifax and Experian. It's from a hospital visit in California, and I am from and currently live in Arizona, and while I did have medicaid at the time, I was told that it would probably not cover it, but they'd let me go through with it anyway. I started to get bills from the Riverside County Medical department, but I initially ignored them, as I was an unemployed college student, and my mom advised me it wouldn't matter anyway; The bill was for $991. I'm now 23, and have been working hard on my credit score, this is the only blemish on my record, and I would love to get rid of it completely. I have a few old addresses on my credit report, but they're all from years before this account, and I've lived at my current address for around 11 years now. Do I still have to go through the deletion process for those other addresses? Other than that, I'm thinking my first step would be to fill out and send the "Initial HIPAA Dispute Letter" to the two CRAs that show the collection, is this correct? Thanks in advance for any help!
  3. Hello Credit Board I am newbie to this forum, but have been lurking for a while. I had recently pulled my credit report and I am having major issues with my student loans. Apparently I have loans that have been transferred \ sold and now are with a new company. The original loan was open back in the 2000's but they are still showing on my credit report. I am not sure how I can have these removed. Any assistance would be greatly appreciated. Thank you in advance
  4. I have a Sprint collection with a hefty amount that is reporting with Source RM, the only collection on my file. Dofd is 12/2018. It was originally passed to Convergance, and most recently Source RM. I DV'd Source RM and received bills and a contract for a financed phone. Is this sufficient validation? Also, should I just leave this alone until the sol passes and then work to get it removed? Also how will the merger with T-Mobile affect my ability to get this removed?
  5. I am working on cleaning up a few items on my credit reports and not sure which way to start. There are two Paid Collection medical bills showing on my reports, which is hurting my ability to rebuild my credit after divorce. They both are being reported by the same medical collection agency that is a local company where I live. They are both old, but still have a couple years to fall off my reports. One for $73 has a delinquency date of 3/2015, assigned to collections 1/2016, paid in full 7/2016. Last reported to credit bureaus on 6/2017, The other one for $164 has a delinquency date of 5/27/15, assigned to collections 10/2016, paid in full 12/2016 and was last reported on May 18, 2020. Should I call them and request a goodwill adjustment to have them remove the reporting, write a goodwill letter, or move to the HIPAA letter? I also have one account in collection status that I disagree with. I had disputed it via the credit bureaus, but only got a notation in the credit reports that the debt was conforming, which I am sure means they contacted the collector and they said I owed the debt. This is a credit card debt that appears to be sold to a collection agency. The debt amount is $370, delinquency date 12/2018, turned to collection 6/2019. I am not even sure what this is, but may just be continual late fee charges on account I though was closed. Where should I start with this one? Pay for delete or validation letter? I made the mistake of ignoring my credit report after divorce in 2016 and have a thin file, but these three things are seriously hurting my ability to get a credit card acceptance. I don't want to keep having hard credit pulls for applications when I know these items are a big reason why I am being turned down. Thanks for letting me tell my story. Lola2020
  6. so I went to the emergency room out of state. my insurance was due to cover this as it was an emergency visit. I got a letter in the mail that I owed an outrageous bill. Well, I got on the phone and "got it straightened out" Since then, it has been about 4 years give or take since this large bill was owed, and it is still showing in collections now as $600 owed. Issue is. I have spoken with both the hospital crediting people and my insurance people for the first 2/3 years straight when all calls ending with "we will get this taken care of" each time, I get a bill in the mail 4-6 months later for this same service. Looking these past months at my history on Credit Karma of course this bill is showing as derogatory, and I can seem to get it removed. I tried to go through the process on the CK website and it came back as being a verified bill which it shouldn't be. It shows this bill as being in collections for 7 months; opened October 2019 when I haven't even been to the hospital in a few years! Is there anything that I can do about this? The issue is, they constantly tell me on 3-way calls that it will be taken care of and never is. It seems the system for my insurance the hospital has to signup for something in order to get the payment. Well, they never do, and every time I call in, the notes with this information is never in the hospital's information notes. This should not have been on my credit report at all as I was 100% not responsible for this bill. What course of action can I take to get this removed? Mind you, the original date of service was at least a few years ago and the collections account was just opened in October of 2019. It seems like fraud to me as this refreshes the 7-year date to which it falls off. Even if I were to wait for it to fall off, it should be halfway or more than halfway there. the remarks left on credit karma was "account information disputed by consumer, meets FCRA requirements" This is the only derogatory remark on my credit reports and I would like to get this removed asap. To add, if it makes any difference, this is a third party collections agency 'Americollect'
  7. Situation: Capital Management Services collecting for Citibank. Opened 2013 or earlier in Louisiana. DOFD : August 2016. Balance showing: just under $6,000. Showing as CO and reporting monthly. Original credit limit $5,000, was never maxed out. Moved to Florida June 2017. CMS offering to settle for under $1200. Questions: Does the Louisiana SOL of 3 years still apply? Does CMS pay for delete? Should I settle? Looking to purchase. home in about a year. Thanks for any and all advice.
  8. 1. EX & EQ deleted a collection acct from my report in 2016 after one initial dispute 2. In 2019, a JDB reports on EX & EQ for the same acct. I requested a DV and the JDB sent the initial application. 3. OC sent the wrong item in 2014 and after 6 months of disputing they stopping collection attempts. (technically this should be #1). 4. I disputed the JDB (2nd ÇA) with the CRA’s and it came back verified. What letter can I send to the JDB after they responded with the initial application from 2014 and what is another dispute tactic to the CRA that only responds with previously verified. i searched but searching here is not the same anymore. thanks in a d’avance for input
  9. I have 6 trade lines reporting from Ascendium collections with notation of student loan and various amounts. After reviewing my credit report it shows US Bank as the original creditor. I called the student loan servicing phone number and asked where these tradelines are coming from & the rep states my student loans were consolidated. So of course I asked how because I don’t recall and never signed any docs. I requested her to send me the consolidation signature docs and any reference documentation. She only sent the original loan dating back 24yrs. Can someone offer advice how to handle this and get this Ascendium off my credit reports. I have disputed with the CRA and they came back verified multiple times. I requested validation from Ascendium but no response. the listing shows On my credit report as removal date: 11/2021. if it does fall off next year I don’t want some new servicer picking it up and starting the game over. im equally concerned that a consolidation happened without my knowledge.
  10. Several years ago I ran into financial difficulties due to medical issues. I got behind on several credit card which caused some of them to be charged off. Once I was back to work and receiving full pay I began to make payments on the past accounts because I did want to pay off what was owed. I was able to get balances paid off, some fully, some charged off. This was in 2015 and the last balance was paid in full in early 2018. ALthough the accounts report no balance due they still show " charged off" or a serious delinquencies. I am wondering if there is a way to have those tradelines removed all together without having to wait another 2-3 years for them to fall off? I have since reestablished a very good payment and credit history but my past credit history keeps my score from rising as high as it should. it also shows that at one time my payment history was trashed. I need help. soon.
  11. After lurking in the shadows for a little while now, I decided I wanted to try why chat's guidebook on medical collections but felt really noobish once I didnt understand how to appropriately send priority mail. It says send a letter to the CRA with the proof of delivery number. Whats the delivery number? Is it on the forms Im getting from the post office? Also, on the priority mail instructions, It says to affix the copy to the top of the hard copy of the letter. Does that mean staple it on the top so I dont lose it? I promise you I am not as noobish as I seem. I guess I am kind of nervous? Thanks
  12. Need advice on what I should do. Account opened 2/16 delinquent 5/16 I ordered my hard copies of all reports and I just noticed they have been recently doing soft pulls 😒 Those pulls were probably triggered by my disputes. I live in GA so I'm still within the SOL. What my concern is that they will sell it off to a collection agency and then I'll have that ding on my credit as well. I only have one collection and its on TU from a company that's trying to collect on a 2018 ATT bill that I'm in the process of doing the 1-2 punch on. So I definitely don't want a new collection added. The limit was small, only $300 but of course it's showing like $604. So, should I just contact them and try to settle for pennies with a PFD at best or settle for a little more with one less stress about new collection at worst? Or is there something else that I may want to consider? I have already disputed this account once and EQ is redisputing (I won't make a move until they finish their dispute) while TU updated it to show "charged off as bad debt purchased by another lender" Thanks for any guidance you can give with this, its greatly appreciated!
  13. In 2016 and parts of 2017, I've had a few credit cards go into collections. 1. Credit Card from a bank is about $20,000.00 2. Credit Card from a store is about $5000.00 3. Credit Card from a bank is about $5000.00 4. Credit Card from a bank is about $3000.00 At the time I was not working and did not know about negotiating/settling . I am now working, making about a small $33K a year. Should I pay off this debt? Do I call the collection agency's and pay it off? What's the best route to take? Best
  14. I rented a car in Aug, my CC company paid the charges. In November I receive a credit I assumed it was a miss calculated payment I go on with my life thinking that surely they will correct the mistake of an overpayment, fast forward mid December I receive a notice from the car rental asking me to pay for services, I assumed it was late incoming toll charges, the amount was small not the cost of the rental. There are a lot of useless excuses why I didn't act before now, one being I was disgusted with yet another bill (I should have paid). The letter came last week cutting me off as a rental car user with debt sent to a JDB. I'm sinking bad. I called both OC(car rental company) and Bank( credit card company) both on the line at the same time, I asked them what happened bank said OC just sent a refund they don't know why and the OC said only the customer or the bank can request a refund. Bank said I called on Nov 22nd and requested a refund that happened on Nov 18th. OC said the bank said I requested a refund on Nov 7th. The bank has no record of me calling until Nov 29th about an unrelated issue. I asked for supervisors from both OC and Bank and requested an audit of what took place, recorded phone calls and all. My card was not over the limit so I don't know what happened but now I'm in a jam I can't take a hit from a new collection on my credit especially from something I never requested. Additionally, consumers have 60 days to dispute a transaction I believe my 60 days would have passed. I will PIF the OC but I can't pay the JDB, the bank can pay them I won't. So, I am sure there is a loophole to have this situation reversed and resolved. Need some advice of how to move.
  15. Hello, I am helping my daughter who has received collections notices from two (2) separate agencies for the same alleged debt. One was from TRS Recovery Services in early 2019, and the most recent was Transworld Systems. When she received the initial 2019 letter from TRS, she contacted her bank (this was supposedly for a returned check at Walmart, and their notice listed Telecheck Services as the 'current creditor'). The bank had no record of any such transaction. In January 2020, she received a collection letter from Transworld Systems for the same alleged debt. In this letter, they also claim that Telecheck Services is the creditor. The amount of the alleged debt is the same in letters from TRS and Transworld. A certified letter was sent to Transworld listing the Transworld Systems account number, and the alleged creditor account number. This letter requested a Verification of Debt as prescribed in 15 U.S. Code § 1692g and demanded that all information related to this matter, their ability to collect, and the original creditor information, be sent. We received the Return Receipt (letter was received by Transworld 10-days ago). Today, we received a second letter from Transworld with a NEW account number (for Transworld). There is also a new account number tied to Telecheck Services, but the alleged debt amount is exactly the same. This letter was dated 4-days after they signed for our certified letter, so they are ignoring our demand for a Verification of Debt. My question is, what is the best way to address this issue. They are clearly attempting to extort money since the debt is nonexistent, and are not complying with the FDCPA requirements. I look forward to feedback. Thank you.
  16. In 2017 at my annual exam there was some question as to whether or not my insurance would pay Planned Parenthood, but they just took my copay. The next year I asked to make sure they were getting paid and they said don't worry about it unless you get a bill from us. I never did. I moved in July of 2019 and they must have finally sent a bill to my old address, but it was never forwarded to me. It showed up as a collection on my credit reports this month and I went to the clinic and paid them directly and got a statement with a zero balance. But it has been a long. long time since I've had to deal with collections on my report. I thought as long as you paid the original creditor you could get a collection removed, but now that I'm looking up procedures I'm super confused as to where to start. A few questions: Medical debt is supposedly handled differently, but this looks like any other financial transaction and the debt is listed as "loan amount" on my Experian report. Does this matter in how I dispute it? The collection agency has a different account number listed from my medical statement and was clearly sending correspondence to my old address, does that matter? The collection agency has added $5 to the balance owed, so can they claim I am not paid in full? I know under certain circumstances it's not a good idea to dispute online, is this one of them? I looked at the WhyChat info and I'm not sure how to proceed because this is my debt, but a lot of the information is wrong. Can someone please tell me where to start? I really want this removed and not just listed as paid. Thanks! H
  17. Hello WhyChat, My question is NOT Medical debt related but its for a Commercial debt and I hope you can put me on the right track. I received a letter from CA for a $680 Commercial Debt (Gas Card) and I mailed them right away a letter of Validation/Dispute/Cease and Desist (WITH PROOF OF DELIVERY ONLY, not certified mail and WITHOUT a return receipt) as instructed on your method. Received a response that since its Commercial Debt they (the CA) are not bound by Fair Debt Collections Practices Act (FDCPA). and they are sending me the Account monthly statement they received from the creditor as a debt validation that I owe this debt!! Any idea how to respond or proceed? Thank you
  18. Long story short, have an old judgement, that while it isn't showing on my credit reports, shows up as public record when the mortgage company pulled my credit. I have to get it paid/settled/removed in order for them to approve my mortgage loan. How can I best protect my assets while I try and settle with them? So far I have been able to fly under their radar as I am self employed, have a different bank account and don't have any auto loans. I know since the judgement they have tried to get information in court from companies I have done contract work for, so I know they are diligently trying to garnish wages from me. How can I protect my bank account while I am in contact with them to settle the judgement and get it taken care of?
  19. Hi, I'm new here and got a notice from a credit agency on my private student loan. It's been 3 years since I last paid as I was contesting the amount and got sick. I signed for the loan in D.C. and the loan originated in OH. I now live in OH. I also stopped paying while I lived in NY (before I moved to OH). I just got a letter from a CA based in NY state (don't know if the CA state location makes any difference). My question is which SOL will apply? OH, NY or the shorter DC SOL of 3 years? OH has a number of SOLs, 6 years, 8 years so I'm not sure which SOL would even apply to the promissory note for the bank based in OH. How could I look this up at a law library. I'm not very familiar with the process if anyone could help with legal research ideas? I'm also contesting the validity of the loan because the promissory note states that the repayment period is 240 months and I think I have passed this point. Any help I can find would help a long way; very stressed out by this situation---there are so many ways this could go---if the CA goes through with a judgment and wage garnishment (I'm disabled and earn a very small part time income) can they revive the judgment every five years for 15 years (OH) even after the SOL expires on the private loan itself (3 yrs DC SOL, 6 yrs NY SOL, 6 or 8 yrs SOL OH)? I don't know if I should just ignore the CA or write them to dispute this loan (and risk waking the sleeping giant) or wake the sleeping giant with a dispute letter and prepare myself to go to court (have no idea how I would defend myself but would like to dispute amount of the loan, SOL etc). This all seems very risky. Can this debt sold to a credit agency be invalid?
  20. Hey Folks. I received a notice from ACI notifying me that they are collecting on a debt that I owe PayPal of $513.12 which they are willing to settle at $384.85. I sent in a validation letter and they responded with a form letter and a list of charges against the account with a PayPal letterhead at the top. PayPal sent me the same letter prior to it going to collections. I have no issue with settling at $384.85 so long as the debt is considered fulfilled and they can't come back to collect on the remainder in the future. My wife and I made that mistake previously. Any help advising my next move is appreciated. Thank you! Validation Letter: Re: Account Number: 123456789xxxx Creditor: PayPal, Inc Reference Number: 133824 This letter is sent in response to letter received by you on 12/23/2019. I am requesting that you provide verification of this debt. Send the following information: The name and address of the original creditor, the account number, and the amount owed. Verification that there is a valid basis for claiming I am required to pay the current amount owed. Details about the age and amount of the debt including a copy of the last billing statement from the original creditor; a detailed explanation any interest added or payments made since the last billing statement and the legal authorization for this interest; the date the original creditor claims this debt became delinquent. Whether this debt is within the statute of limitations and how that was determined. Details about your authority to collect this debt: whether you are licensed in my state and if so provide the date of the license, name on the license, license number, and the license number, and the name, address and telephone number of the state agency issuing the license. If you are contacting me from outside my state, provide the licensing information from your state as well. I need more details about what you claim I owe so that I can make an informed decision.
  21. Hello all, we're in the midst of Dave Ramsey'ing our way out of debt. Baby steps... My husband entered our marriage 20 years ago with two loans at our local credit union: a visa and a personal loan. Over the years, they more than got their money back. This is interest. We had been making minimums on both, when suddenly the Visa disappeared from our online account. A few weeks later, the credit union called and asked us to pay in full ($5200). I told them I couldn't do that, and questioned why they would do this, after all we were at least making minimums before. I told them we'd have to pay off the other loan first (we have about $1000 left), then we can start stockpiling for the visa. Now it's gone to collections. I haven't talked to them yet. Shall I stockpile a fraction of the $5200 and then go back to them and make an offer?
  22. Hello. First time posting and I'm hoping I've come to the right place for advice. I have a situation with a collections company named Velocity Investments. A few months back they used a third party collections company and contacted me about a personal loan debt they alleged I owed. I found a response letter online that asked them for all sorts of information to prove the debt was mine, their right to collect, what they paid for the debt...etc. Sent the reply off certified mail, it was received, I got the stub back with the receipt signature and never heard from this company again. A month or so later I get a letter from Velocity Investments themselves, it's essentially the same thing as I got from their third party minions. They are collecting on a debt I allegedly owe and so on. I send the same letter to them via certified mail and receive a confirmed receipt. A couple weeks later I receive a letter from them stating they are "putting the matter on hold". Cool. I've now received a follow-up from them, out of the blue for something being "on hold", and well past the 30 day mark from my 'Prove it' letter. They've sent me a copy of the loan paperwork from the original lender. However nowhere on this documentation is my signature. It literally looks like something someone wrote up in Word and just entered my information in the appropriate fields. So here's where I could use some pointers. I see myself presented with the following options, but I'm not sure which would be the best. 1. Ignore it completely. The information they sent came well after the 30-day request for validation. Therefore they failed to comply with the Debt Collections Laws. 2. Send a reply and state they failed to provide adequate proof that this debt is mine, it's past 30-days, and I'm considering the matter closed. I'll include a bit that states if they contact me again or post this to my credit report that I'll take legal action against them. Any advice would be really helpful. Thank you very much in advance.
  23. I recieved a parking ticket from the city that unbeknownst to me went to collections. I paid the ticket this January directly to the city. The collection is still showing up on my report as unpaid to the collection agency. How do I get them to update this, or at this point does it even matter (it's been on my report about a year)? My score is 691 so not amazing not terrible. I have a higher utilization ATM.
  24. In early 2016, I lost my job in the oil field. It was a very good job, and I made good money. I received a decent package when I was laid off, and starting looking for a job. Sadly, the entire oil patch was going through the same thing, and it took my 18 months to find a job that paid 1/5th of what I had been making. It took another six months after that to find a job that allowed us to keep our heads above water, and now I'm back in the saddle and we're doing much better. Around the 18 month mark, we had to let some of our credit cards go. They had pretty high balances, but we were doing fine until that point. It was always our intention to try to pay them when I found a job, because we did incur the debts and I felt pretty bad about having to let them go. Also, we'd worked so damn hard to get our credit straightened out and it was very nearly physical pain to let it go to hell again. But when I got to the point where we could actually start looking at making payments again (around that two year mark), well ... OCs were sort of like, too bad, we've already charged them off and sold them. I decided to try to ride it out and see what happens. We haven't applied for new credit, but we've maintained three or four cards, our car payments, student loans and a personal loan in the time that's elapsed. Fast forward to last month, and I was sued by Midland for a small-ish debt. I responded, but haven't heard anything back yet. The thing is, we're trying to move in to a new rental, and the RE agent is telling us it may be impossible for us to do so with our credit scores (my FICO scores are low 600s and I make the bulk of the income; DH's are mid 500s). Soooo I was wondering (and I'm no newb but I am sick of dealing with this crap) if I should try to settle some of these with a couple of caveats - primarily that they are PFDs and the remaining debts are never sold. I still have two years to ride out the SOL, and I cannot wait that long to move or buy a car (that needs to be done next year). Should I try to settle these debts? I'm morally opposed to paying bottom feeders like Midland and Portfolio, but I need to get my scores back to a reasonable point, and the damn collections from JDBs are what's really screwing it up. Also, I'm concerned that since half or more of my debts are now owned by Midland, if they are in any way successful with this lawsuit, they will charge full steam ahead and go after me for all of them. I can see it really opening the flood gates, so to speak. What would you do in this situation? TIA, TQG
  25. Over the past 24 months, I have experienced many life changes. In my efforts to return to the land of credit worthiness, I need to address several adverse issues on my credit file with the 3 major reporting agencies. I would like to seek advice on how to handle the following derogatory comment on my file. I had taken out a pay day loan. Given many financial challenges, I was not able to pay back the $5,000. I did make a couple of payments, but on August 2018 they wrote off my account and sent it to collections. I reached out to the originally creditor to settle my credit obligation, but they informed me it was sent to a collection agency. I contacted the collection agency about this debt, but they informed that they no longer handled this debt collection. However, they provided me the contact information of the collection agency who does. Which brings me to my question, should I try to settled with the new collection agency or file a request with the credit agencies to get this item removed? It seems that the trail to track down this debt is not simple. In the case, I work with the new collection agency, do they have the ability / power to remove the adverse credit? I look forward to your comments.

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