topic As usual, I'm confused! in Rebuilding Your Credit

As usual, I'm confused!

S7 — Wed, 12 Sep 2012 17:48:31 GMT

I logged on to Experian.com, and I know to ignore the score, thats fine and dandy. BUT, I had alerts on there dating back all the way to 2007! (yes i just loggedon) and it shows a company called ANFI, and one Anderons Financial....NO clue what these things, are.

Re: As usual, I'm confused!

Shogun — Wed, 12 Sep 2012 17:58:41 GMT

Afni is a CA. Anderson Financial seems to be the old name of Afni, if I'm reading it right.

Re: As usual, I'm confused!

S7 — Wed, 12 Sep 2012 18:00:21 GMT

Ive never seen them before!! wasnt showing up on my equifax, and its weird, they have like the same date that they began reporting, and stopped reporting, as Equitable Acceptance. Both began in 2/2007 and stopped in 6/207. What the heck do i do now????

Re: As usual, I'm confused!

Shogun — Wed, 12 Sep 2012 18:01:58 GMT

They are CAs. Send them a DV and see what they are.

Re: As usual, I'm confused!

S7 — Wed, 12 Sep 2012 18:04:22 GMT

They were listed as being added, in the alerts section. Though when I click on Report summary, it shows only one collection, which is the $40.00 I.C Systems, that Equifax deleted...This credit cleanup watching stuff is hard and stressful!

Re: As usual, I'm confused!

Shogun — Wed, 12 Sep 2012 18:06:39 GMT

S7 wrote:
They were listed as being added, in the alerts section. Though when I click on Report summary, it shows only one collection, which is the $40.00 I.C Systems, that Equifax deleted...This credit cleanup watching stuff is hard and stressful!

Yes but worth it. The more you learn, the better off you are. Good Luck!

Re: As usual, I'm confused!

novabama — Wed, 12 Sep 2012 19:34:11 GMT

Something similar happened to me today. I had 6 alerts of new things being added or updated on my Equifax website today. It was very odd.... I freaked because I read it on my iphone and couldn't look while driving. When I got to work I checked them out and it was stuff already on my CR. Also Asset Acceptance agreed to delete after BBB last week and they increased the balance apparently...? I'm giving till Oct to fret though.

Hopefully no big for either of us

Re: As usual, I'm confused!

S7 — Wed, 12 Sep 2012 20:11:57 GMT

Another thing that is odd, is that they're listed as being added back IN 2007. So they're werent even newly added..and they're not showing up as collections either. This whole thing has gone sideways on me!

Re: As usual, I'm confused!

RobertEG — Wed, 12 Sep 2012 21:39:40 GMT

Having reported their collection activity to a CRA, that triggered their requirement to have provided dunning notice within 5 days therafter.

The statutory intent is protect consumers from damage due to "submarine" collections being included in their credit report without their timely post-notification and thus ability to deal with it in their own timely fashion.

How you can proceed is dependent upon whether they provided that required notice. If they did provide prior dunning notice, it set a period of 30-days in which a request for debt verification be sent in order to invoke any cease further collection bar on them. If that period has exipired, any DV would be untimely, and thus invoke no cease collection bar. The debt collector would have no requirement to respond or to cease any collection activities.

Thus, prior to attempting to invoke an provisions of the FDCPA for these "submarine collections," the issue of prior dunning notice must be resolved.

Re: As usual, I'm confused!

novabama — Wed, 12 Sep 2012 21:53:00 GMT

Can you put that in laymans terms LOL

Re: As usual, I'm confused!

djrez4 — Wed, 12 Sep 2012 22:05:14 GMT

novabama wrote:
Can you put that in laymans terms LOL

They have to tell you when the report.

It sounds like they're no longer reporting, though, so I'd just leave well enough alone. Alerts from 2007 don't matter. The current contents of your credit report are the important thing.

Re: As usual, I'm confused!

RobertEG — Wed, 12 Sep 2012 22:06:01 GMT

Did they previously provide you notice of their collection, or did you only become aware of it by pulling your CR?

Re: As usual, I'm confused!

S7 — Thu, 13 Sep 2012 02:04:36 GMT

I had no idea who or what ANFI was until today when I pulled the report. I saw it listed here in the forums, but until I checked Experian.com, and saw it in the alerts, I hadn't seen or heard of it regarding myself.

I understand that from 2007 is quite a long time, and they're not showing in active collections, but I find it unsettling that I didn't know prior to 2012!

Re: As usual, I'm confused!

rubberman365 — Thu, 18 Oct 2012 04:50:14 GMT

hi thought I could ask some honest advice please, so I been attacking my credit hard, already got 5 or 6 negative items removed. some were easy others were a little bit harder. well anyways I have a charge from at&t with anfi anderson financial for $194 date of 1st delinquency is 11/07 so almost 5 years old (guess im wondering if i should try & wake a sleeping giant or not lol). do I try to get them to now validate this debt or try for a pfd & should I try to do now or wait till next month when it is officialy a 5 year old debt. ps. I live in IL.

Re: As usual, I'm confused!

Shogun — Thu, 18 Oct 2012 05:31:27 GMT

I put my suggestion in the other thread.