10-21-2012 03:28 PM
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|
|Dec 07, 2010|
|01 Literary Guild Select Book Clu|
|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?
10-21-2012 03:51 PM
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.
10-21-2012 04:06 PM
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!
10-21-2012 04:13 PM - edited 10-21-2012 04:14 PM
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".
10-21-2012 04:18 PM
So your advice is to DV the book club as they are reporting the collection?
10-21-2012 04:19 PM
It is actually in the hands of RJM ACQ according to the report.
10-21-2012 08:48 PM
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.
10-22-2012 10:56 AM
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!
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.