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CA- License "Inactive"

Contributor

CA- License "Inactive"

So I looked up Portfolio Recovery in my home state of New Mexico.  The NM Regulation & Licensing Department shows their license as inactive, having expired in 2004.  Is this something that I can use to my advantage in my dispute process?  Or- is it just useless information? 

***9-4-13: TU 602 EQ 663 EX 626***
***6-13-13: TU 558 EQ 642 EX (yay to MyFICO for no more FAKO!!) 620***
5-31-13: TU 558 EQ 642 EX FAKO 643 * 1-24-13: TU 611 EQ 621 EX FAKO 643 * 1-21-13: TU 513 EQ 621 EX FAKO 643 * 1-3-13: TU 513 EQ 583 EX FAKO 643 * 1-1-13: EQ 568 EX FAKO 643 TU 513 * 12-22-12: EQ 558 EX FAKO 586 TU 525 * 11-15-12: EQ 554 EX FAKO 565 * 9-9-12: EQ 525 EX FAKO 574 TU (Lender pull-auto) 433
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3 REPLIES
Moderator Emeritus

Re: CA- License "Inactive"

I don't see that coming into play in a dispute, maybe if they were threatening to sue you it would make a difference.

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Message 2 of 4
Moderator Emeritus

Re: CA- License "Inactive"

Ditto...because a licensing issue is a state matter. Reporting is a federal matter. You could put pressure via your state's AG to compel them to go away though.

Message 3 of 4
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New Contributor

Re: CA- License "Inactive"

I would think they can still report but I don't think they could pursue collecting from you by either calling or writing letters...


Starting Score: EQ 575 EX 595 TR 524
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Goal Score: EQ 300 EX 300 TR 300


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