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Found 43 results

  1. I see this question posed quite often so I figured we could have a thread where people could post their obsolete deletes. The info we would want to list should be; Which CRA, how many months till fall off, and how it was disputed. I just had a few deleted from TU. I disputed them through US mail non certified. They were 5 months from deletion.
  2. I just discovered that my Chex Security Freeze was removed after seeing on my TransUnion report, in the supplemental information section, info about Chexsystems and checking account inquiries. I called them up and they informed me that previously they automatically cancelled your security freeze after 5 years, but their policy has now changed and they are now permanent. I explained removal without my permission sounded like a violation of California state law. I had to call their freeze department at 800-887-7652 and request a new security freeze be added to my credit report again.

  3. http://www.ibj.com/articles/58982-brown-mackie-to-shutter-indianapolis-campus-in-nationwide-retreat
  4. Hello everyone. In 2015 I had a horrible financial crisis, my business was suffering as it is and then I discovered I had terrible illness that was life threatening. Coupled with my wife and I have a our firstborn child and her being laid off after a decade of job stability. I had a choice of paying my credit cards or putting food on my families table so opted for my family. We stopped paying on all our credit cards in 2/2016. I'm finally now getting on my feet after all this time. My wife is still not working and looking for a job at the moment. A few months ago, I got hit with my first lawsuit from BofA for $4,400. I didn't have a lot of time to respond, went to court, and opted for a 3 year plan of $132.00 per month. I tried to do a settlement with them but their atty said, "They won't really come down much". When I asked how much, "Basically they will come down only to $4,100." I was frustrated and since I didn't know how much of these things are negotiable or even if they are, I just opted for the monthly plan. Now my fear of the another cc is in play and it's an almost 26k credit card. They served me last month. I filed a motion to give me till the end of the month as I stated that I'm seeking legal console. I'm self employed as an employee of my company (so W2'ed) and have a small job (1099) that is truly part time making $800 per mo. So I only made 10k this year but the issue is, I have business income pending this coming week for 55-80k. BK atty's told me I would not qualify due to the pending income as that has to be disclosed of course but that's "if" these transactions do close. This is the 2nd lawsuit and now my wife got her first suit last week for only 1k. Guys and gals, please help as I'm freaking out! I have been through so much and I'm just exhausted and mentally drained. I had a very legit reason as to why I'm in this mess and though I could have filed BK 3 years ago, I felt it was my duty to avoid BK and pay what I owed. I wasn't borrowing all that cc debt for foolishness. I had a struggling business I was trying to keep alive as I believed in it but then ended up being sick with my wife losing her job. Worst season in my life not knowing if I was going to live with a new born in fear of leaving my wife as a widow and child fatherless. :( My 2 lawsuits are with different creditors but represented by the same attorney. Do I call the creditors and make an offer or do I call the atty? Since I can't file BK now, I would imagine the next best option is to do a settlement with them? PLEASE HELP EVERYONE! The weight of the world is on my shoulders. I could cry.......CB has been hopeful with the great advise of other issues I've posted. Please help. What should I do?
  5. I signed up with a trainer (foolishly from a google search) for some sessions and he used Square, swiping my credit card. I didn't know him and figured it was safer than cash. Paid him for 10 sessions I signed up for another round $1200. I checked my CC statement and saw he charged me $1200 twice. I figured it was just an oversight and when I asked him to fix it, he apologized and said he would fix it. Instead he charged me an additional $1200 AGAIN for a total of $2400 unauthorized charges. When I called unhappy after it was not fixed the second time , but made worse, instead of refunding immediately, he got very defensive, says he never got it, it was a problem w Square and to dispute it. His story changed multiple times, so I don't believe him, but disputed it. ("you'll have the money in 3 days" then, no "it's easier if you dispute it".etc) It was around Christmas, so I think he figured he'd hit my card because he needed $ and would repay it later and apologize. The CC company gave me an immediate provisional credit of $2400 and say they will have a decision in 90 days after investigating. CC company sent me a letter saying the are requesting info from the vendor, (him) if it's a legitimate charge. I assume Square can track exactly where the money went. Like did square deposit the money to his bank or not. Does anyone know what happens it a situation where the vendor actually tells you to dispute it? I have a hard time believing him, but maybe I am wrong. From what I can tell, Square is reliable and not prone to accidental overcharges. I just want the $2400 back and have moved on. Thank you for any guidance.
  6. Hi, there was a wells fargo account credit card account that was charged off years ago in 2011 but the accounts last payment is showing 2013. here are some more details: Account Status Closed Payment Status Charge-off Status Updated Oct 1, 2013 Usage 125% Balance $1,498 Balance Updated Jan 2, 2019 Last Year I received an IRS letter stating that I didn't report the charged off amount as income for my 2016 taxes. Wells Fargo cancelled the debt and sent it to the IRS on the last day of the year in 2016. As soon as i received the letter i paid the debt in full. Here's where I'm stuck on how to proceed. My credit report still shows the full charged off amount even though I paid it to the IRS when requested and i cant get it removed no matter how many times a dispute it. According to experian the account will be removed from my credit report at the end of this year in 12/2019. I need some more information because I don't want to do anything have the clock be reset on when the account will be removed. ( I'm afraid of a situation where if any new information is inputted resulting to a reset of the 7 year rule) Should I give up and wait for the account to be removed? Or should I press further and keep trying to have it corrected. And if I were to do so, what is the best way of going about it? Thank you so much for the help.
  7. Hello! The day after Christmas, I checked my EQ report and found that a particularly scummy CA that's known for this practice dropped a collection on my previously clean report. It's an alleged payday loan from 7/2012. The CA has never contacted me in any way. I see from my research that reporting a collection on a report is considered to be first contact. Since then, it's been added to TU too. As I craft my dispute, I wanted to confirm a few things and how to word and prioritize the items on my dispute letter. 1. The date it was assigned was 12/19/18. 2. The date it was reported was 12/24/18 (obviously, this doesn't allow for the 30-day dispute process, but if reporting on a report is first contact, that may be moot...?) 3. Since that first contact, including allowances for the holidays, I have not received the required dunning letter within 5 days of first contact. 4. In reading the April 22, 2017, post from ICanHasMuny? on this thread (link at the end of the post), this type of account shouldn't even be reported: "EX TU an EQ won't accept the following information from furnishers effective june 2016 - so if you have this type of information still on your reports, DISPUTE IT OFF ... check cashing companies payday loan companies" I'm pretty hacked off about this... the DOFD is 7/2012. I don't have an exact date yet. I appreciate any guidance on disputing this, especially regarding the wording and citations. I haven't had to deal with any negatives in a few years, and this was a shock. Thanks very much!
  8. I live in Illinois. We have a defaulted 2nd mortgage that is over ten years old. The statute of limitations in Illinois for written contracts is 10 years. The 2nd was taken out in 2005 stopped making payments in 2007 and filed for BK in 2009. Besides their lien still being attached to my home, I can't see any situation where they can foreclose this late in the game without me making a payment starting the statute of limitations all over again. Thoughts??
  9. Living in Texas and law firm has Texas address. Was contacted by Rausch Sturm law firm who say they are representing portfolio recovery associates. They list the original owner of debt as Barclays credit card so I know it’s real. I want to pay the debt. It isn’t past the 4 year statute in Texas because original debt is from 2016. However, They do not indicate an offer. They just indicate I can contact them via phone or mail to discuss options. Should I wait till they make an offer? Should I call them or write a letter? I’ve seen websites discussing advantages of both calling and mailing so I’m not sure. I can afford to pay as much as 2000 of the listed 10k. Or can I do some kind of hardship payment plan? The law firm haven’t offered either option. Portfolio Recovery did, but I guess these guys have the debt now, so should I make a first offer or wait?
  10. Hey guys, I have about 6k which I need for living expenses. I've defaulted on 30k so my creditors can wipe me out completely if they levy an account with funds in it. My situation is complicated by the fact that I need to take payments by Paypal (for some freelance work). Is Paypal a dangerous place to keep money? I assume so. I'd guess that physical currency is the safest from judgments, but obviously carries other risks. I have an Amex Bluebird reloadable prepaid debit card that doesn't attach to a related bank account (that I know of). Are those safe to store money on? Are there any safe places I can ask a client to send a check to be cashed, that will be somewhat safe against a bank levy? Feels like I'm in one of those dystopian police state movies now as the guy on the run. Thanks for any help.
  11. Fresh off the Printer! CDIA's Popular FCRA Booklet Updated to Include S.2155 the Economic Growth, Regulatory Relief, and Consumer Protection Act Order your replacement FCRA booklet today! CDIA's popular FCRA booklet has been updated to include the Economic Growth, Regulatory Relief and Consumer Protection Act (S.2155). Now known as Public Law 115-174, the updated provisions related to the Fair Credit Reporting Act (FCRA) are: TITLE III—PROTECTIONS FOR VETERANS, CONSUMERS, AND HOMEOWNERS SEC. 301. PROTECTING CONSUMERS' CREDIT. SEC. 302. PROTECTING VETERANS' CREDIT. TITLE VI—PROTECTIONS FOR STUDENT BORROWERS SEC. 602. REHABILITATION OF PRIVATE EDUCATION LOANS. Formatted in a convenient, portable size, the CDIA's popular FCRA booklet contains the text of the Fair Credit Reporting Act (FCRA) and all subsequent amendments to the Act. It provides an easy way for you to quickly reference specific provisions of the FCRA. This 93-page mini-booklet is an indispensable resource to users with FCRA compliance responsibilities, such as CRAs, lenders, and data furnishers/users. Stay up to date with your regulatory obligations under the FCRA — an important core risk management function. Order your updated FCRA booklet today! $27 for CDIA members $47 for non-members Save with the purchase of 10 or more FCRA Booklets!* 5% off orders of 10-24 booklets 10% off orders of 25 or more booklets *Discounts are applied automatically. For more information, please visit CDIA website or contact CDIA Education Services or at cdia_training@cdiaonline.org or (202) 408-7417. I just cut and pasted my email. I don't know how long the links will be active from the CDIA.
  12. Apparently I'm good at pushing legit business boundaries too far as I keep getting blacklisted for permitted behavior as previously Chase blacklisted me for using their $500 offers too many times a few years ago and Fort Knox CU refuses to let me add an authorized user to my gas credit card. Just got a letter (apparently an ECOA notice since it includes the required small print) from USAA stating that they are going to close my credit card account due to "unacceptable behavior or activity" and stated they will take next steps of: Discontinue my bank access to usaa.com and banking services available through that site. Deny applications for other USAA products and services. This is annoying as I'd like to know what I did wrong so I can avoid repeating it in the future with another institution. I called them up to ask, what exactly was the issue and they had nothing to offer other than "unacceptable behavior or activity" and a supervisor was even less helpful and wanted to get off the phone quickly. I asked how do I know the unacceptable behavior is not the church I attend or due to a bug in your computer systems? They had no useful response. They also had no response to whether this would impact my DW or children. They did say that my home, auto, renters, and umbrella insurance policies are not affected, although I expect my premiums will go up without the banking relationship in the future. It is unclear to me from the letter whether they are closing my banking accounts. It appears to only say online access is to be removed. Letter is dated beginning of October, and I still have online access as of today and my checking/savings (joint with DW) are still open. I also received two letters by overnight FedEx, dated a couple days later, and left on my doorstep with no signature taken that I found recently. These letters, one to me, one to my wife, stated: In keeping with USAA' s core values and our commitment to our membership as a whole we are discontinuing your business relationship with the USAA Investment Management Company (IMCO). Both the brokerage closing letter and the credit card letter are very vague as to what my sins are in their eyes, but I share this here in the hope that others way try be able to avoid a similar fate or may have other advice or suggestions. My USAA membership was opened around 2010 shortly after I joined CreditBoards and my credit card was opened around 2016. I've come up with a list of possible actions I've taken that could possibly be the source of their institutional displeasure, which I've tried to rank using my estimation from highest probability to lowest probability: About 3 months ago I discovered that for my joint checking account I could ACH transfer in $5,000 per login per business day with no hold, so I could do $5K and my DW could do $5K on the same day and I did this about 4 times over the last 3 months to avoid having to do it over two days from just one login. My checking account was my ACH hub, I transferred large amounts of money through USAA between USAA and other banking institutions, using ACH in and ACH out. Other than the transfers, I did not maintain a significant balance in this account. For example, I paid my rent each month by ACH and I used their ACH to create activity at other financial institutions that require ACH for a free account. My daily ACH limit in and out were each $8,000, but for no hold on transfer in, limit was $5,000 with excess amounts having a several day hold, however, it would also allow $5,025 per day with no hold, which I often exercised. About 4 years ago, I used their CCT service they rebranded under the USAA name to bump inquiries from Equifax by pulling my credit report daily using automated web scripting. I know an officer in the military that feels wronged by me for enforcing a contractual relationship in a way they felt was unfair. Could this person have contacted USAA proactively to get them to blacklist me for this auto bump activity? I only used my credit card for balance transfer offers, twice at 0% and never paid them any interest other than the transfer fee. I applied for CLI and got one up to $30K limit about 9 months ago. They even sent a new 0% balance transfer offer on this account about 45 days ago, which I did not utilize. About two years ago, I had an ACH overdraft due to funds held uncleared at the bank it was drawn upon, but it did not pull overdraft from my credit card, so I covered the overdraft within about 5 days. USAA complained that I had a low balance in my brokerage account about a year ago, so I raised the balance to $500 to meet their requirements for non-closure, I never had any trades in the account and maintained it to get additional discounts on my insurance. (This brokerage account is the subject of the overnight FedEx closure letters.) I got an extended fraud alert added to my credit reports about 45 days ago. (Since their adverse action letter made no mention of a credit reporting agency, I imagine this could not be the case. I think I will make sure and get all three reports to see if they soft pulled my credit report and failed to divulge.) My savings account was never really used and was maintained with a small balance. Perhaps it is some combination of the above? Or if none of those seems likely, then could there be some kind of computer glitch I am the unfortunate victim of? Should I be concerned that USAA will be looking to non-renew my insurance policies now despite the CSR saying no impact to insurance? Does it make sense to file complaints with: CFPB OCC For example, I could complain that the 1002.9 regulations require: (2) Statement of specific reasons. The statement of reasons for adverse action required by paragraph (a)(2)(i) of this section must be specific and indicate the principal reason(s) for the adverse action. Statements that the adverse action was based on the creditor's internal standards or policies or that the applicant, joint applicant, or similar party failed to achieve a qualifying score on the creditor's credit scoring system are insufficient. And the "Official interpretation of Paragraph 9(b)(2)" from the same link says: 2. Source of specific reasons. The specific reasons disclosed under §§ 1002.9(a)(2) and (b)(2) must relate to and accurately describe the factors actually considered or scored by a creditor. 3. Description of reasons. A creditor need not describe how or why a factor adversely affected an applicant. For example, the notice may say “length of residence” rather than “too short a period of residence.” 6. Judgmental system. If a creditor uses a judgmental system, the reasons for the denial or other adverse action must relate to those factors in the applicant's record actually reviewed by the person making the decision. I'm not sure USAA has complied as 2) I do not feel like I got an accurate description of the factors actually considered by USAA when they say "unacceptable behavior or activity", but is that covered by 3) their not needing to describe how or why the factor affected me? Would their reasons be considered 6) a judgmental system, in which case, how do I know the adverse action related to factors in my record actually reviewed by the person making the decision? What would be the basis for any complaints to CFPB or OCC? Any other thoughts or ideas?
  13. https://socialchangenyu.com/review/consumer-protection-and-tax-law-how-the-tax-treatment-of-attorneys-fees-undermines-the-fair-debt-collection-practices-act/#TOC.III.B
  14. [Offered With limited Commentary] Education Secretary Loses Lawsuit on Student Loan Forgiveness https://www.forbes.com/sites/zackfriedman/2018/09/17/student-loans-lawsuit-devos/#705b3a463230 Loan Forgiveness is a Poor Use of Taxpayer Money https://www.forbes.com/sites/prestoncooper2/2018/09/07/loan-forgiveness-is-a-poor-use-of-taxpayer-money/#159b390f7b89 Despite Powerful Allies, Problems Persist in For-Profit Education https://www.forbes.com/sites/joshmoody/2018/09/17/despite-powerful-allies-problems-persist-in-for-profit-education/#4fce87b364cd The last article also mentions Education Corporation of America, mentioning they are closing 26 locations by 2020. Rather than the ITT or Corinthian route of just leaving students hanging with worthless credits and a stack of student loans, ECA is allowing their students to finish out their programs but are no longer accepting new enrollments. Maybe it's because prospective students are finally figuring out the truth about these diploma mills and avoiding them like the plague?
  15. https://kfiam640.iheart.com/content/2018-09-14-arizona-man-fakes-down-syndrome-hires-caregivers-to-bathe-and-change-him/#
  16. Hi all -- I'm new and happy to be here. Having already arbitrated with a P-to-P lender via JAMS and received a deletion and cash settlement, I am now ready to take on USAA. The issues are procedural (failure to report account as disputed to CRAs during lengthy direct dispute process) as well as substantive (duplicate account reporting for several months, inexplicably verified by EX and OC). My questions are these: When preparing the Demand for Arbitration for JAMS, is it best to include Experian as an additional defendant, or to arbitrate with them separately if necessary? I believe their TOS requires use of AAA. Does anyone have experience arbitrating with USAA? My inclination is that they will not settle as quickly as the P-to-P lender, who required some fight from me, but not all-out war. USAA seems like a different story. Note: I know that USAA uses AAA as the arbitration forum for credit card accounts, but I have a USAA FSB agreement that references JAMS, and the result letters USAA sent me all specifically come from USAA FSB, not the credit card operation.
  17. I purchased a car on Saturday from a used car dealer. I was already pre-approved with Langley Federal and the dealer convinced me that since Langley wouldn't send them payment on Saturday that I could apply with them for "back up financing" so I could drive the car off the lot and they will send over the sales documents to Langley. I receive a call from Langley this morning advising that the only thing they need to close my loan is a front and back copy of the car title. I emailed the finance guy at the dealership and he responds back that they don't have the car title so now I have to accept their financing. I'm in Georgia and I did a quick Google search that seems to indicate that selling a car that you don't have a title to is illegal. What steps should I take at this point?
  18. I will try and make this as short as possible. I live in Illinois, bought my home in Jan 2005, and took out a HELOC in April of 2005 with E-Trade. Defaulted on HELOC in late 2008 with E-Trade Filed BK 7 in December 2009 and Discharge in March 2010 the E-Trade loan was never reaffirmed during BK. The loan was sold to Specialized Loan Servicing (SLS) in January 2014 without me knowing or getting notification from either party. Neither showed up on my credit report. I new the BK protected me from being sued for any balance left if I sold my home at a loss were the junior lien holder (E-Trade / SLS) was not paid in full but the lien was still attached to the property and they could foreclose. Recently applied for a HARP loan and that is when SLS showed up on the title search, they refused to subordinate and sent a payoff letter for the 41k principal and had an additional 12k in interest that they charged not E-Trade which we hadn't made a payment to since late 2008 the interest was from January 2014 when they purchased the account from my math. Is this 12k interest legal without at least letting me know somehow they even owned it? I got my first letter from them a few weeks after the harp loan was dead in the water. I hired an attorney but since they have only sent one letter giving me like 4 options to cure the situation it isn't a pressing matter for my attorney who I have only been dealing with for about a week. They are still in the process of collecting my documents and trying to get a modification hopefully on just the principle. I just want to know if I am on the hook for the extra 12k which is growing by $7.89 daily.
  19. https://www.americanbanker.com/news/loans-not-subject-to-usury-cap-can-still-be-illegal-calif-high-court An interest rate on a consumer loan in California could be deemed illegally high even if it is not subject to usury laws, the state's Supreme Court ruled Monday.
  20. I have been car shopping and trying to open a new checking account. I received a denial letter from one auto finance company citing only Trans Union and Factor Trust. When I tried to open a checking account, I was denied and the denial letter cited only Chexsystems. When I ordered my Chexsystems report, only one of the six reasons for their denial were included on my Chexsystems report (too many inquiries). Otherwise, this report was blank. But, under inquiries, there were 8 inquiries from some of the auto finance companies that my application had been sent to. While the auto finance company cited Trans Union and Factor Trust in their denial letter, they also pulled a Chexsystems report and did not disclose it on their letter. The bank where I tried to open a checking account cited only Chexsystems in their denial, but the reasons they listed included things like delinquent/derogatory credit behavior, etc. that are not on my Chexsystems report, which makes me think they either pulled another credit report and did not disclose it, or they just are pulling their reasons for denial out of the air. My TU/EX/EQ are all monitored and I get nearly immediate alerts if there's a new hard pull and this bank never made one. I suppose it's possible they soft pulled somewhere or pulled one of the alternate credit bureaus but don't they need to disclose that? This is the first time I have ever seen inquiries from auto loans on my Chexsystems report. There are now 8 of them and it is preventing me from opening a bank account. The auto finance companies have been pulling my Lexis/Nexis (5x), Sage Stream (4x), and Factor Trust (1x) but so far these have been disclosed to me. I'll see when I get my paper reports from them if there are any more. Now, I don't necessarily have an issue with a creditor pulling any/all bureaus to make a decision, but shouldn't they have to disclose all of them? Not one of the 8 auto inquiries on my Chexsystems report was disclosed to me by a lender. I found out when I was denied a checking account. Perhaps, if I knew auto finance inquiries counted on Chexsystems now, I would have opened a checking account before shopping for a car.
  21. Lender's attorney sent an FDCPA validation notice and filed for foreclosure suit (judicial foreclosure state) before the end of the validation period. Since the attorney held themselves out as subject to the FDCPA , is this a violation?
  22. not a huge deal but i'm curious what is the norm here. when i signed for my heloc yesterday it took mere minutes then when i was done she handed me a folder with copies of all the documents she made before i arrived. obviously unsigned. does a customer normally get copies that theyve signed or not a big deal? basically is there any instance years down the road where i'm gonna wish i had all the signed/notarized documents?
  23. Hi, I am going to apply for a corporate credit card, either AMEX or Capital One most likely, and I want to provide some of my employees with authorized user accounts (I think that's the correct term for them?) However, I want to keep their names anonymous. Is it breaking any obscure laws to register the user accounts under pseudonyms, like 'John Doe', 'John Smith', etc? My card account will obviously be registered under my real name and business- this is just for the employees' individual cards, which all will charge to the main business account (which again, won't be pseudonymous) Thank You!
  24. I had a debt that changed hands five times. CA #3 is reporting it as a collection to all three bureaus. I paid the debt in full to CA #5. I know that the debt can only be reported once by the OC and once by a CA, but does it matter which CA reports? For example, if CA #5 is not reporting, can CA #3 continue to report the debt even though it was transferred to another CA?? I disputed the entry with each of the bureaus, and all they did was update it. However, the CA is reporting the wrong account number (let's say the real account number ended in 4263; they are reporting it as 5260--same middle digits, but different first and last digits), and the amount they are reporting is not even the original amount of the debt. I know I can dispute it based on the incorrect account/balance info, but I am betting the CBs will just update it with the correct info instead of deleting. I'd love to be able to send proof that it's paid in full and have them delete it for good.

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