02-01-2013 11:29 AM
Yesterday I recieved a robo call fom Dynamic Recovery Solutions. The number showed as a local number so I answered. Of course the message played stated no information but a number to Dial. I called thy were rude. They demanded money for an account opened 10 yrs ago. But low and behold they did a hard pull on my equifax. I was at a 535 now I'm at a 517. I desperately need a new car and this isn't helping. I'm so ready to give up.
02-01-2013 11:33 AM
I wish I could remember the search engine I used. When I got my new car a month ago my fiko was the same as yours. I did a bunch of research online and was going to try to go through roadloans which I read are horrible and came across a search engine that sends your info to a few dealerships. They then call you with your approval amounts. I had two dealerships that were able to get me approvals. Now my interest rate isnt great but I plan on trading up in 2 yrs once my scores are better.
02-01-2013 11:37 AM
I have money to put own and am wanting to refinance after I rebuild a little more. I too was gonna go with roadloans.
02-01-2013 11:56 AM
My last car was financed by Roadloans and I was very happy with them. Sure, if you're a couple of days late, they call you, but that's to be expected, especially given their financiang criteria. I made my payments every month, and got a little behind one month - they bent over backwards to help me. The APR was a killer though, so I was glad to trade that car in and finance with a co-signer for a much better APR.
02-01-2013 08:20 PM
Sounds like you have a Zombie debt. A debt that is pas the SOL and past the CRTP. They have pulled your CR, which many will say is a permissable pull, I can't disagree with them on that, however I do think it's a bunch of bull that they're allowed to do that type of tactic.
As far as them being rude, didn't that just make you want to pay them all the more? I mean, seriously, I've dealt with these type of collectors too and that tactic just doesn't work. You would think they would get the hint and train their staff to be more positive. I am much more inclined to work with someone that treats me with respect and care as opposed to someone who treats me poorly.
Anyway, yes, this is a gray area. The can pull your CR, but I don't like that idea. How much is the debt? I would consider paying/settling some portion of it just to get rid of the bottom feeders. I don't care if it's just 5%, it would get rid of it for good. Anyway, just my idea. Good Luck.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.