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Frequent Contributor
Posts: 463
Registered: ‎06-13-2012
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Re: Another LVNV success


ERL55 wrote:

Thank you so much for the info.  One more question:  The account that I had which was turned over to LVNV still has a balance due of 400.00.  Should I pay them first and THEN send the letter to the BBB?  Or contact the OC and try to pay?  Send the letter to the BBB first?  I do owe the money to somebody.  What do you recommend as to the order of doing things?  Thank you again for your help.


My situation was different.  I had no prior contact with LVNV before they placed information on my CR's.  I didn't know who the OC was or if it was even my debt and kept adding a new neg TL each month adding interest.  I filed the complaint with the BBB as to them listing themselves as a factoring company not a CA.  They putting KD's on my report each month.  Have they sent you a Dunning notice?  If yes have you filed a DV in a timely manner?  If you know the OC you could try contacting them and seeing if they can pull the account back from LVNV offer a PFD.  Make sure if you are able to do that OC sends notice to LVNV to remove the TL from all CRB's.  I would not pay LVNV directly unless the OC can not pull the account back.  Then I would only offer PFD.  The BBB complaint should only be used if they are attempting to collect improperly or are failing to DV.  I am no expert in these matters but that is my thought on it.  If you have any other questions feel free to PM me, I check the pages often.

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Registered: ‎08-02-2012
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Re: Another LVNV success

Hello if you could send me what you sent also!  I submitted a complaint to the BBB with them reporting as a factoring company and not receiving a dunning notice before they reported it but I just got the response that the way they are reporting is correct.  If you could send me what you sent, I'm going to reject it back! 

 

Thanks!! 


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Established Member
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Registered: ‎07-16-2012
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Re: Another LVNV success

Could you please pm the info to me also?

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Registered: ‎06-13-2012
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Re: Another LVNV success

[ Edited ]

jkwheaton78 wrote:

Hello if you could send me what you sent also!  I submitted a complaint to the BBB with them reporting as a factoring company and not receiving a dunning notice before they reported it but I just got the response that the way they are reporting is correct.  If you could send me what you sent, I'm going to reject it back! 

 

Thanks!! 



PM sent

01/06/2015 Walmart TU 726
01/06/2015MyFico EQ 705
01/10/2014 USAA FAKO EX 728, EQ 728, TU 728
Discover It $1700, USAA Cash Rewards AMEX $11K, USAA Rewards Platinum MC $12K, CareCredit $13.2K, Chase Freedom $5000, Walmart $4500, Lowes $9800, QVC $1200, HSN $2350, Macys Red Star Store $2900, Paypal smart connect $4022, VS Angelcard $1200, Amazon Store $2500, BCE $4K, Sam's Club Discover $8500, Home Depot $7200, FNBO AMEX $7800
Frequent Contributor
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Registered: ‎06-13-2012
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Re: Another LVNV success


fmouto wrote:
Could you please pm the info to me also?

PM sent

01/06/2015 Walmart TU 726
01/06/2015MyFico EQ 705
01/10/2014 USAA FAKO EX 728, EQ 728, TU 728
Discover It $1700, USAA Cash Rewards AMEX $11K, USAA Rewards Platinum MC $12K, CareCredit $13.2K, Chase Freedom $5000, Walmart $4500, Lowes $9800, QVC $1200, HSN $2350, Macys Red Star Store $2900, Paypal smart connect $4022, VS Angelcard $1200, Amazon Store $2500, BCE $4K, Sam's Club Discover $8500, Home Depot $7200, FNBO AMEX $7800
New Contributor
Posts: 94
Registered: ‎06-29-2012
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Re: Another LVNV success

I filed the same complaint with the BBB also and lvnv responded stating that my GW letter that I sent them 2 months ago said I validated the account. If the letter validated then wouldn't paying them validate it as well? I don't understand. The originally date is sept 12 2005 so doesn't tht mean it should fall off this month? I feel like they r just toying with me because they can. One of my credit reports says it'll fall off in feb 2013. But wouldn't fall off this month? This month will make it 7 years old...
Starting Scores: EQ – 492, TU – 508, EX – 507 (Lender pull March ’12)
Current Scores: EQ – 591 (FICO), TU – 623 (FICO), EX –623 (CS), CK - 621
Goal: 700+ AND no baddies!

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Frequent Contributor
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Re: Another LVNV success

Tradelines can stay on your credit report for up to 7 years 180 days (7.5 yrs) from DoFD.. Therefore the feb 2013 is legit unfortunately...

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Registered: ‎06-29-2012
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Re: Another LVNV success

 

novabama wrote:
Tradelines can stay on your credit report for up to 7 years 180 days (7.5 yrs) from DoFD.. Therefore the feb 2013 is legit unfortunately...

Obviously that's not what I wanted to hear, but thank you for the clarification on that. I appreciate it. 

Starting Scores: EQ – 492, TU – 508, EX – 507 (Lender pull March ’12)
Current Scores: EQ – 591 (FICO), TU – 623 (FICO), EX –623 (CS), CK - 621
Goal: 700+ AND no baddies!

Current Cards: NFCU $4000 CL, Cap One $300 CL (secured), Cap One $300 CL. & an NFCU car loan for $18,500
Frequent Contributor
Posts: 305
Registered: ‎08-24-2012
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Re: Another LVNV success

Well it could be worse Smiley Happy most of my stuff won't fall off till 2014 and some 15 some I'm trying to PFD a lot! You've already waited 7 years... 6 months won't kill ya Smiley Tongue If it were me though I'd send like 2 GWs a week and email and fax of you want it off that badly! Maybe it will fall into the right hands.

Goal Score: 640 Good things come to those who wait.
Good things come to those who work their butt off and never give up.

Removals - Asset Acceptance, Receivable Solutions, LVNV Funding, Enhanced Recovery, Credit Systems Int, Discover Financial, Amchek/Amsher, Financial Adj Services, Chase, Target, AFNI, RJM, Portfolio Rec!
New Contributor
Posts: 94
Registered: ‎06-29-2012
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Re: Another LVNV success


novabama wrote:
Well it could be worse Smiley Happy most of my stuff won't fall off till 2014 and some 15 some I'm trying to PFD a lot! You've already waited 7 years... 6 months won't kill ya Smiley Tongue If it were me though I'd send like 2 GWs a week and email and fax of you want it off that badly! Maybe it will fall into the right hands.

Very true, it really could be worse.

 

I think the main reason I wanted this one off so badly is for the boost of confidence that there may actually be hope my credit.  I have 4 other paid collections not counting this one. One is scheduled to fall off in Dec 2013 and the rest in 2014 & 2015. I haven't had much success with GW letters. Only one resulted in a removal, but it was a medical account which I've noticed is the easiest to be removed. 

 

I'm kicking myself for not knowing about PFD's before I paid everything off. Now my only hope is GW letters. I just hate getting the "request is denied" in the mail time and time again. It's discouraging. 

Starting Scores: EQ – 492, TU – 508, EX – 507 (Lender pull March ’12)
Current Scores: EQ – 591 (FICO), TU – 623 (FICO), EX –623 (CS), CK - 621
Goal: 700+ AND no baddies!

Current Cards: NFCU $4000 CL, Cap One $300 CL (secured), Cap One $300 CL. & an NFCU car loan for $18,500
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