02-03-2013 11:07 AM
02-03-2013 11:14 AM
02-03-2013 11:18 AM
02-03-2013 11:52 AM
I am freaking out right now. Why is it that collection companies know how to mess up your credit with hard inquiries and they are allowed to? They did it on a Saturday and I have nlover received a dunning from general collection services. I will be sending a letter demanding they prove they have PP and using my prepaid legal to send them anything else they can suggest.
02-03-2013 12:06 PM
02-03-2013 01:01 PM - edited 02-03-2013 01:27 PM
They haven't reported yet so if I send a dv it should be timely to stop all collection efforts until they can verify. It's hard to thread carefully when you are trying to prevent them reporting anything. I already got a point grin from the hard inq. I've worked really hard to get all collections off my reports.
I think by placing a hard inq they are sending a message as collection companies can sp instead. Usually they sp to be sneaky. Also if they pulled my report they know I'm seeking a mortgagae because they can see the inquiry.
I do need to calm and think rationally but I also need to act fast. I'm in between a rock and a hard place.
02-03-2013 02:37 PM
02-06-2013 04:16 PM
Their response to my BBB dispute on the inquiry in below. I responded to this requesting proof in writing. Plus I mentioned letter I showed they recieved and signed for that ceases all activity (letter ceased calling too) until they can verify. Letter also advises I req 30 days to review verification. They still haven't said what it is they are collectiong so I am in the dark.
We are in receipt of your correspondence regarding the consumer’s concerns.
On February 1, 2013, our client placed an accounts receivable account with our office for collection. This gave our office permissible purpose pursuant to section 604(a) (3) (A) of the Fair Credit Reporting Act to obtain the consumer’s credit report. Pursuant to that section of the FCRA, a “consumer reporting agency may furnish a consumer report (3) to a person which it has reason to believe (A) intends to use the information in connection with a credit transaction involving the consumer on whom the information is to be furnished and involving the extension of credit to, or review or collection of an account of, the consumer”.... (Emphasis added).
While we acknowledge the fact that the consumer is concerned with this issue, our office has not violated any provisions of the FCRA and did not report any information to the credit bureau. Our company name only appears on the report because we requested a copy of the consumer’s report pursuant to 604(a) (3) (A). The consumer’s account remains in our office and we are conducting collection activities for our client.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO