@ DaBears so we meet again. Why do I get the feeling that you work for a collection agency and are trolling this forum to discourage people. They are listing themselves as a factoring company and not a CA and are reporting KD's on my report each month. I received no prior dunning notice as they are claiming before reporting to the CRA's. I have the right to fight these TL's on my CR's and I will. I have read many success stories in these forums who had the identical LVNV reporting as I and managed to get LVNV to delete the TL's. Nothing is impossible. But thanks for putting in your 2 cents. 
@Anonymous wrote:@ DaBears so we meet again. Why do I get the feeling that you work for a collection agency and are trolling this forum to discourage people. They are listing themselves as a factoring company and not a CA and are reporting KD's on my report each month. I received no prior dunning notice as they are claiming before reporting to the CRA's. I have the right to fight these TL's on my CR's and I will. I have read many success stories in these forums who had the identical LVNV reporting as I and managed to get LVNV to delete the TL's. Nothing is impossible. But thanks for putting in your 2 cents.
Ditto to guiness56. It's the CRA reporting the KDs (I bet EQ, right?). Per FICO scoring, it doesn't matter. Per lenders, they still see it as a CA anyway. IMO, I'd focus on the removal of the baddie over the reporting of smaller items like KDs.
Factoring company doesn't mean anything. It's another term for a CA.
Lack of a dunning can be an issue but you'd have to prove they never sent a dunning. That'll involve court if wanting to go that route. They are allowed to report prior to receiving a dunning. Remember, the dunning is a FDCPA issue. Reporting is a FCRA issue. Two different things.
@Anonymous wrote:@ DaBears so we meet again. Why do I get the feeling that you work for a collection agency and are trolling this forum to discourage people. They are listing themselves as a factoring company and not a CA and are reporting KD's on my report each month. I received no prior dunning notice as they are claiming before reporting to the CRA's. I have the right to fight these TL's on my CR's and I will. I have read many success stories in these forums who had the identical LVNV reporting as I and managed to get LVNV to delete the TL's. Nothing is impossible. But thanks for putting in your 2 cents.
First, I do not work for a collection agency!!!! If you read my other 368 postings I actually am here to help people who want to do right and better themselves and not be a snake about it and can't man up to there responsibilities!!!!! there is nothing wrong with a CA listing themselves as a Factoring Company, any consumer attorney will tell you the same. Fico still sees them as a CA. The CA is NOT i repeat NOT listing the KD's. The CRA is listing it. Key Derogatory by itself is not going to lower the score, that is just a notation so people reviewing the report can see it. The CA does not need to inform you of their listing on your CR. If in fact you claim you saw LVNV on your CR's that was the point to send a DV to the CA to validate. You are not stating why you choosed to use the BBB right off the bat. Just so you know just cause you want them off your CR doesn't mean your bad debt goes away. It stays in your file....Good luck trying to seek the easy way out!!!!!!
Just a note from your friendly neighborhood mod reminding everybody to please play nicely.
Maybe I can shed a little light on this one for you. You have a debt that is past the SOL of your state. That means that they cannot take you to court and get a judgement for you. That's a good thing. However this debt is still within the CRTP and can still be posted to your CR. That's a bad thing.
(FYI, a "Zombie debt" is referred to a debt that has passed both the SOL and the CRTP, so that's not the case here.)
You are saying they never sent you a dunning notice. Are they saying they did? Unfortunately if they have good records and do show that they have sent one, it's kind of a moot point. Have you moved? Is there another address associated with this account or with your CR?
The fact that they are reporting as a "factoring company" doesn't really matter. I totally disagree with that type of reporting, but there is nothing that prevents them from reporting that way. The problem arises when they used this reporting in an inappropriate manner. Because it does give them the ability to report as an OC rather than a CA, it can be abused. The KD reporting I would assume is from EX. That's where I usually see it. Now that is not listing a monthly derogatory, It could be CA in that and it would be perfectly fine. It's when it lists 30,60,90 etc. monthly lates that this becomes an issue.
I have used the BBB complaint myself in the past, and with good success. However my balances were $0 and they weren't willing to put up as much of a fight with a paid account. I also had 2 LVNV collections on my CR in the past, I paid both of them and they were removed via GWs.
If there is anyway that we can be of help, please don't hesitate to ask.
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!
June 2017 update: All scores over 820, just pure gardening now.