lw1 Tracker

Re: Please respond!!

lw1 — Mon, 29 Oct 2012 04:04:16 GMT

Thanks!

Re: Great News!!!

lw1 — Sun, 28 Oct 2012 14:04:03 GMT

Congrats!

Settled.

lw1 — Sun, 28 Oct 2012 13:58:52 GMT

OC Dofd Feb 2007. CO first report date Aug 2011. Settled with CO 2days ago. Will credit score do down? If so, how much? Trying to rebuild credit to buy a house in Feb 2013.

Re: Please respond!!

lw1 — Sun, 28 Oct 2012 13:45:08 GMT

The financial advisor that I was working with stated that the CO was reporting as a factoring company and they did not send the validation that we asked for, just a verification. They were adding interest to the debt and could not produce the original contract that states they could do that. They popped on my CR in Jan of this year. But have a reporting date of August 2011. The OC DOFD is Feb 2007. The CO will not do a PFD, but I settled with them anyway. Will my credit score go down after settling with the CO? If so, how much?

Please respond!!

lw1 — Sat, 27 Oct 2012 16:03:11 GMT

I had a charge off back in 2007 for a credit card I had with mbna. It has gone through collection with nco financial. Nco financial was on my credit report for 3-4 years and came off in June 2011. The mbna charge off is still on my credit report. But in Jan 2012, CVF/Resurgent popped up on my credit report for the mbna debt. CVF would not delete after asking for validation, disputing with the credit bureaus, going through the attorney state office in Alabama and South Carolina, and having a lawyer speak on my behalf. I want to get a home loan in Feb 2013. I was advised to settle because suing could take up to a year. They refuse to do pay for deletion. Got the settlement in writing but the collection will say settled for less... When paid. I just sent it knowing I can not have any collection with a FHA loan. Will my credit score take a punch even though CVF just popped up on credit report less than a year ago? If so, how much? MBNA charge off is still on credit report from 2007.

Settlement

lw1 — Sat, 27 Oct 2012 15:11:46 GMT

I had a charge off back in 2007 for a credit card I had with mbna. It has gone through collection with nco financial. Nco financial was on my credit report for 3-4 years and came off in June 2011. The mbna charge off is still on my credit report. But in Jan 2012, CVF/Resurgent popped up on my credit report for the mbna debt. CVF would not delete after asking for validation, disputing with the credit bureaus, going through the attorney state office in Alabama and South Carolina, and having a lawyer speak on my behalf. I want to get a home loan in Feb 2013. I was advised to settle because suing could take up to a year. They refuse to do pay for deletion. Got the settlement in writing but the collection will say settled for less... When paid. I just sent it knowing I can not have any collection with a FHA loan. Will my credit score take a punch even though CVF just popped up on credit report less than a year ago? MBNA charge off is still on credit report from 2007.