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Regular Contributor
Target1212
Posts: 165
Registered: ‎04-04-2008
0

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: 12,952
Registered: ‎04-15-2011
0

Re: AFNI?

Send them a DV.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Mega Contributor
RobertEG
Posts: 18,465
Registered: ‎03-19-2007
0

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: 165
Registered: ‎04-04-2008
0

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)
Established Contributor
kroberts67
Posts: 833
Registered: ‎03-04-2013
0

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.



FICO: EQ 722 | TU 723 | EX 718
SFFCU Visa $11.3k + LOC $5k, USAA Amex $6k, USAA MC $7k, Amex BCE $13.5k, Cap1 $4k, Freedom $5k, Slate $3.2k, Barclays SM $5k.

My Credit Repair Journey
Moderator
guiness56
Posts: 22,406
Registered: ‎01-17-2008
0

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.

Established Contributor
kroberts67
Posts: 833
Registered: ‎03-04-2013
0

Re: AFNI?

Yes, I had payment arrangements.  



FICO: EQ 722 | TU 723 | EX 718
SFFCU Visa $11.3k + LOC $5k, USAA Amex $6k, USAA MC $7k, Amex BCE $13.5k, Cap1 $4k, Freedom $5k, Slate $3.2k, Barclays SM $5k.

My Credit Repair Journey
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

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

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Established Contributor
kroberts67
Posts: 833
Registered: ‎03-04-2013
0

Re: AFNI?

That's great to hear!



FICO: EQ 722 | TU 723 | EX 718
SFFCU Visa $11.3k + LOC $5k, USAA Amex $6k, USAA MC $7k, Amex BCE $13.5k, Cap1 $4k, Freedom $5k, Slate $3.2k, Barclays SM $5k.

My Credit Repair Journey

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