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Regular Contributor
Target1212
Posts: 137
Registered: ‎04-04-2008

AFNI?

So, I got a letter today from a CA, AFNI, theyre not on my report and I'm freaking out, what should I do? I dont want them on my CR do I validate? Should I pay the OC then validate it? 

Moderator
Shogun
Posts: 7,375
Registered: ‎04-15-2011

Re: AFNI?

Send them a DV.


Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
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Mega Contributor
RobertEG
Posts: 14,615
Registered: ‎03-19-2007

Re: AFNI?

Two options.

 

If the debt is legit and you can afford to pay, then making an immediate pay for not reporting might give both satisfaction of the debt and avoid their reporting.

Sending a DV will preclude any such negotiations until they choose to validate, and if they validate, they can immediately report.

 

If you have questions as to the debt or its amount, then best to obtain validation prior to paying.  Your DV, if timely (i.e., sent without having received dunning notice, or sent within 30 days of receipt) will impose a temp cease collection bar, preventing their reporting until such time as they send validation.

Regular Contributor
Target1212
Posts: 137
Registered: ‎04-04-2008

Re: AFNI?

Well I tried to pay hoping they wouldn't report, but they did. Dropped. my score 30 points. I guess ill gw the crap out of them. Plus they sent the letter to the wrong address I don't live at ( my moms)
Frequent Contributor
kroberts67
Posts: 261
Registered: ‎03-04-2013

Re: AFNI?

My unfortunate experience with AFNI is that even though I had an agreement to pay, the day before I made payment they reported to the credit bureaus.  They mentioned nothing on the phone when I called in the payment, and when I found out about this they would not delete.  They did not have on record my due date, which was the reason they reported.  They said it was due a week before it was.  Live and learn, get everything in writing, especially from AFNI.



Current FICO: EQ 641 | TU 692 | EX 609 (lender)
Current PLUS: EQ 655 | TU 660 | EX 660

SFCU Visa $2k, USAA Amex $3k, USAA MC $4k, Cap1Plat MC $500, Macy's $2.5k + too many store cards!
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Community Leader
Mega Contributor
guiness56
Posts: 13,487
Registered: ‎01-17-2008

Re: AFNI?


kroberts67 wrote:

My unfortunate experience with AFNI is that even though I had an agreement to pay, the day before I made payment they reported to the credit bureaus.  They mentioned nothing on the phone when I called in the payment, and when I found out about this they would not delete.  They did not have on record my due date, which was the reason they reported.  They said it was due a week before it was.  Live and learn, get everything in writing, especially from AFNI.


You have no due date with a CA.  Unless you are speaking specifically of your arrangements with them.

Frequent Contributor
kroberts67
Posts: 261
Registered: ‎03-04-2013

Re: AFNI?

Yes, I had payment arrangements.  



Current FICO: EQ 641 | TU 692 | EX 609 (lender)
Current PLUS: EQ 655 | TU 660 | EX 660

SFCU Visa $2k, USAA Amex $3k, USAA MC $4k, Cap1Plat MC $500, Macy's $2.5k + too many store cards!
My Credit Repair Journey
Moderator
Shogun
Posts: 7,375
Registered: ‎04-15-2011

Re: AFNI?

The first thing I would do is send them a GW.  See how that goes.  I actually had AFNI come off my CR with a couple of GWs to the address listed on my CR.


Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+

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Frequent Contributor
kroberts67
Posts: 261
Registered: ‎03-04-2013

Re: AFNI?

That's great to hear!



Current FICO: EQ 641 | TU 692 | EX 609 (lender)
Current PLUS: EQ 655 | TU 660 | EX 660

SFCU Visa $2k, USAA Amex $3k, USAA MC $4k, Cap1Plat MC $500, Macy's $2.5k + too many store cards!
My Credit Repair Journey

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