Asset Acceptance CA

[Anonymous]

Yep...$41.00.  Bad little surprise to me-we thought we paid our final bill when we moved out. 

I tried a PFD but they replied they do not delete once paid-only report it as paid. 

My question is regarding the "CO" reporting below and the fact it's reported as "installment".  Is this impacting my score?  Also-since it is an old energy bill that went to collection-is it valid that they report it as "installment" and a "CO" ?

Thanks again in advance!

ASSET ACCEPTANCE LLC
	Equifax	TransUnion	Experian
Account Type:			Installment
Account Number:			XXXXXXXX
Payment Responsibility:			Individual
Date Opened:			12/2007
Balance Date:			02/2011
Balance Amount:			$41
Monthly Payment:
High/Limit:			$37
Account Status:			Collection
Past Due Amount:			$41
Comments:			ORIGINAL CREDITOR: XCEL ENERGY DBA NORTHERN STATE LAST PAID: LAST REPORTED DELINQUENCIES: 02/2011=I9,01/2011=I9 COLLECTION ACCOUNT
Hide Details ASSET ACCEPTANCE LLC PO BOX 2036 WARREN, MI-48090 (800) 614-4730 24-Month Payment History Experian CO CO NR NR NR NR CO NR NR NR NR NR NR CO NR NR NR NR NR NR NR NR NR NR Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr Mar 11 11 10 10 10 10 10 10 10 10 10 10 10 10 09 09 09 09 09 09 09 09 09 09

[LIGHTNIN]

I cant see your part of your post.     You may have to cut and paste, your post again.

[Anonymous]

LOL Ooops!  Thanks!

ASSET ACCEPTANCE LLC

Equifax TransUnion Experian

Account Type: Installment

Account Number: XXXXXXXX

Payment Responsibility: Individual

Date Opened: 12/2007

Balance Date: 02/2011

Balance Amount: $41

Monthly Payment: High/Limit: $37

Account Status: Collection

Past Due Amount: $41

Comments: ORIGINAL CREDITOR: XCEL ENERGY DBA NORTHERN STATE LAST PAID: LAST REPORTED DELINQUENCIES: 02/2011=I9,01/2011=I9 COLLECTION ACCOUNT

Hide Details ASSET ACCEPTANCE LLC PO BOX 2036 WARREN, MI-48090 (800) 614-4730

24-Month Payment History Experian

CO   CO   NR     NR    NR    NR      CO      NR NR NR NR  NR         NR CO   NR   NR NR       NR NR NR       NR  NR   NR    NR

Feb  Jan  Dec  Nov   Oct   Sep      Aug      Jul Jun May Apr  Mar       Feb Jan Dec   Nov Oct     Sep Aug Jul      Jun  May  Apr  Mar

11     11    10     10    10    10          10        10 10   10   10    10         10    10   09     09   09       09   09    09      09   09     09     09

[RobertEG]

Your CR is confusing, but I would not automatically attribute it to inaccurate reporting by the debt collector.  On first view, the problem may in fact be a very poorly formatted credit report that is intermixing OC and CA reporting.

Debt collectors dont report an account type of installment, a payment history profile, and they cant charge-off a debt.  All of these are from reportings done by the OC, and not the debt collector.  Additionally, if the date opened of 12/2007 was the date you opened services with the OC, once again, that is OC reporting.  The "Date Opened" for a collection is the date of assignment of collection authority to them.  I dont even see that reported.

It appears that your OC reported ever six months, rather than monthly. 

It appears that most, if not all, of the information listed reads like reporting by an OC, and not a debt collector.

Have you ordered your free CR from annualcreditreport.com?  If you have not, I suggest you do so before you begin disputing.  You need an accurate CR that lists dates under those who reported them.

[LIGHTNIN]

Contact the OC, and see if you do in fact owe the $41.

If the bill is yours, ask the OC if they will accept payment and call back the CA.

If the debt was sold to Asset and they will not agree to a PFD,you can pay it then send GW letters.

On your CR's, does it say the date of removal for Asset?

[ScoreBooster]

Oh yes, Asset Acceptance are a pain. In my case, they STARTED reporting after I already filed my CH7 BK. I disputed some of the reported info after my discharge. Thanks to their "verification", one of their accounts is now reported TWICE on Equifax and they are currently reporting a balance on the accounts IIB - although it was disputed.

Actually, I'm happy about it because they will get a CMRRR very shortly, telling them to delete all accounts or be sued for BK-code and FCRA-violations.