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Established Contributor
sphinx313
Posts: 567
Registered: ‎02-12-2011
0

Book Club Collection?

So I finally pulled my TU FICO which is in the 530's as opposed to my EQ being in the 570's because more things are reporting on TU. I remember disputing this via the website and them replying a month or so later saying that the debt was valid.

 

Collection on debt to: 01 Literary Guild Select Book Clu

The collection agency "Rjm Acq Llc" was hired to collect a debt of $81 originally owed to "01 Literary Guild Select Book Clu" on account number "XXXXXX4200".

Collection agency [?]Original balance [?]Current balance [?]Date assigned [?]Original lender [?]Account number [?]Account holder [?]Account descriptions [?]

Rjm Acq Llc
$81
$81
Dec 07, 2010
01 Literary Guild Select Book Clu
XXXXXX4200
Individual
Placed for collection

 

I legitmately do not know what this debt is about or where it came from. Moreso, there's no way even if we did sign up for this that I used my social...so are they just reporting by name? I assume PFD would be the route to go on this?



Starting Score: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


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Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Book Club Collection?

Yes, a PFD would probably be the way to go.  My wife belongs that Literary Guild, I have no idea why.  It reminds me of the old Columbia House records.  They send you crap and if you don't turn it down, you pay for it.

 


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
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Current scores after adding $81K in CLs and 2 new cars since July 2013
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Established Contributor
sphinx313
Posts: 567
Registered: ‎02-12-2011
0

Re: Book Club Collection?

Question, when sending a PFD, since I have never done it, I will be starting in a few months, is it a good practice to send the amount you are attempting to PFD for via check and stating in the letter that cashing the check is acceptance of the terms and deletion? or can they just cash the check and screw me?

 

I liken it to showing someone $1500 cash when they want $2000 for something...money talks but it may not apply here. Thanks!



Starting Score: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


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Frequent Contributor
fuzzybean
Posts: 305
Registered: ‎04-04-2012
0

Re: Book Club Collection?

[ Edited ]

I disagree.  If you truly have no knowledge of it, send a DV letter first.

 

I had an almost identical thing on my CR a long time ago.  It was the first thing I fought because I didn't have a clue what it was.  I sent them a DV letter and they immediately removed it and sent me a letter "for my records".

Established Contributor
sphinx313
Posts: 567
Registered: ‎02-12-2011
0

Re: Book Club Collection?

So your advice is to DV the book club as they are reporting the collection?



Starting Score: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


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Established Contributor
sphinx313
Posts: 567
Registered: ‎02-12-2011
0

Re: Book Club Collection?

It is actually in the hands of RJM ACQ according to the report.



Starting Score: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


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Frequent Contributor
fuzzybean
Posts: 305
Registered: ‎04-04-2012
0

Re: Book Club Collection?

[ Edited ]

DV the CA reporting on your CR.

 

Frequent Contributor
fuzzybean
Posts: 305
Registered: ‎04-04-2012
0

Re: Book Club Collection?


sphinx313 wrote:

It is actually in the hands of RJM ACQ according to the report.


That's who had my "collection" which was bogus.

 

Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Book Club Collection?

Ok..   You aren't aware of having the account?   Then of course a DV would be appropriate.   The part about sending the check with a PFD for endorsement isn't a good idea.  When doing a PFD just send a letter requesting the PFD and ask for their acceptance in writing.  If they agree, then pay.


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!
Established Contributor
sphinx313
Posts: 567
Registered: ‎02-12-2011
0

Re: Book Club Collection?

So....lol....I just called the number listed on RJM's website and spoke to a lady named Alicia about the $80 something dollar debt. She explained the names of the books that were ordered and I said ma'am...I have no recollection of this at all, and it's from 2007. She said "Did you order the books?" I said "Not to my knowledge at all" and she said "Ok, we will close the account and delete the collection from your credit reports."........wow. Too easy. I'm not sure this will have some "huge" effect on my credit score, but awesome start to getting some things removed!



Starting Score: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


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