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Member
Posts: 22
Registered: ‎01-23-2013
0

CO CA Clarification

Little confused because the 3 reports seem different to me, could someone please help me clarify whether this CO has gone to a CA?  If the CO still owns it?  I want to PFD this just not sure where to start.  Thank you very much for your help!

 

Experian

OC Capital One/Best Buy

Date Opened: 
11/2008

Date of Status: 
07/2011

Reported Since: 
11/2008

Last Reported Date: 
07/2011


Type: 
Charge Card

Terms: 
N/A 

Monthly Payment: 
$0

Responsibility: 
Individual 


Credit Limit: 
$1,200

High Balance: 
$1,158 

Recent Balance: 
$925

Recent Payment: 
$0

Status: 
Account charged off. $925 written off. $65 past due as of Jul 2011.

 

CA Stellar Recovery Inc


Date Opened: 
11/2011

Date of Status: 
12/2011

Reported Since: 
12/2011

Last Reported Date: 
11/2012


Type: 
Collection

Terms: 
1 Months 

Monthly Payment: 
$0

Responsibility: 
Individual 


Credit Limit: 
$926

High Balance: 
N/A 

Recent Balance: 
$927

Recent Payment: 
$0

 

Status: 
Collection account. $926 past due as of Nov 2012.

 

Equifax

Revolving Open

HSBC BEST BUY 11/01/2008 $782 09/01/2010 $111 PAYS 61-90 DAYS $1,200
CAP1/DAMARK INTERNATIONAL INC

Account Owner: Individual Account. High Credit: $ 1,158

Type of Account : Revolving Credit Limit: $ 1,200

Term Duration: Terms Frequency: Monthly (due every

month)

Date Opened: 11/01/2008 Balance: $ 782

Date Reported: 09/01/2010 Amount Past Due: $ 111

Date of Last Payment: 06/2010 Actual Payment Amount:

Scheduled Payment Amount: $ 51 Date of Last Activity: N/A

Date Major Delinquency First Reported: Months Reviewed: 22

Creditor Classification: Activity Description: N/A

Charge Off Amount: Deferred Payment Start Date:

Balloon Payment Amount: Balloon Payment Date:

Date Closed: Type of Loan: Charge Account

Date of First Delinquency: 07/2010

Negative Accounts

Open Accounts

HSBC BEST BUY 11/01/2008 $782 09/01/2010 $111 PAYS 61-90DAYS$1,200
CAP1/DAMARK INTERNATIONAL INC

Account Owner: Individual Account. High Credit: $ 1,158

Type of Account : Revolving Credit Limit: $ 1,200

Term Duration: Terms Frequency: Monthly (due every

month)

Date Opened: 11/01/2008 Balance: $ 782

Date Reported: 09/01/2010 Amount Past Due: $ 111

Date of Last Payment: 06/2010 Actual Payment Amount:

Scheduled Payment Amount: $ 51 Date of Last Activity: N/A

Date Major Delinquency First Reported: Months Reviewed: 22

Creditor Classification: Activity Description: N/A

Charge Off Amount: Deferred Payment Start Date:

Balloon Payment Amount: Balloon Payment Date:

Date Closed: Type of Loan: Charge Account

Date of First Delinquency: 07/2010

 

TransUnion

HSBC BEST BUY  

Date Opened:

11/11/2008

Responsibility:

Individual Account

Account Type:

Revolving Account

Loan Type:

CHARGE ACCOUNT

Date Updated:

09/16/2010

Payment Received:

$0

Last Payment Made:

06/19/2010

Pay Status:

>Account 60 Days Past Due Date<

Terms:

$51 per month, paid Monthly

Date Closed:

01/18/2010

>Maximum Delinquency of 60 days in 01/2010 and in 09/2010 for $111<

High Balance: 

High balance of $1,158 from 07/2010 to 09/2010

Credit Limit: 

Credit limit of $1,200 from 07/2010 to 09/2010

Estimated month and year that this item will be removed: 

06/2017

 

STELLAR RECOVERY  

Placed for collection:

11/17/2011

Responsibility:

Individual Account

Account Type:

Open Account

Loan Type:

COLLECTION AGENCY/ATTORNEY

Balance:

$927

Date Updated:

11/14/2012

Original Amount:

$926

Original Creditor:

HSBC BANK N A BEST BUY CO I (Retail)

Past Due:

>$926<

Pay Status:

>In Collection<

Remarks: 

>PLACED FOR COLLECTION<

Estimated month and year that this item will be removed: 

04/2018

Moderator
Posts: 13,897
Registered: ‎04-15-2011
0

Re: CO CA Clarification

Right now it looks to me like HSBC still has the debt and Stellar is assigned collections.

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+
Take the myFICO Fitness Challenge

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!
Epic Contributor
Posts: 22,406
Registered: ‎01-17-2008
0

Re: CO CA Clarification

Member
Posts: 22
Registered: ‎01-23-2013
0

Re: CO CA Clarification

"Right now it looks to me like HSBC still has the debt and Stellar is assigned collections."

 

So I should PFD HSBC, maybe %50 settlement?  And DV Stellar if HSBC accepts PFD?  If HSBC does not accept PFD should I PIF GW HSBC then DV Stellar?

 

Thank you for replying so quickly Shogun!

Member
Posts: 22
Registered: ‎01-23-2013
0

Re: CO CA Clarification

"I see nowhere that it was sold to a CA but a CA is reporting."

 

So what does that really mean Guiness...  I guess that is why I am so confused, any suggestions are greatly appreciated Guiness! Thank you in advance.

Moderator
Posts: 13,897
Registered: ‎04-15-2011
0

Re: CO CA Clarification

I would send a PFD to HSBC and DV Stellar to start with.

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+
Take the myFICO Fitness Challenge

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!
Member
Posts: 22
Registered: ‎01-23-2013
0

Re: CO CA Clarification

At the same time? Should I settle at %50 with HSBC?

If I DV Stellar and they own the debt could they try and sue me, so should I PDF HSBC first?
Moderator
Posts: 13,897
Registered: ‎04-15-2011
0

Re: CO CA Clarification

Yes, send them at the same time.  If the OC accepts, then the CA can't sue.  If the OC denies payment, you would see what the DV results from the CA is.  If you agree with it, then you would try a PFD with them.

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+
Take the myFICO Fitness Challenge

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!
Valued Contributor
Posts: 1,115
Registered: ‎10-31-2011
0

Re: CO CA Clarification


noMoreApathy wrote:

"I see nowhere that it was sold to a CA but a CA is reporting."

 

So what does that really mean Guiness...  I guess that is why I am so confused, any suggestions are greatly appreciated Guiness! Thank you in advance.


The OC has hired the CA to collect the debt but has not transferred the debt yet.

ccpics2.jpg
Member
Posts: 22
Registered: ‎01-23-2013
0

Re: CO CA Clarification

Thank you both for your help.

I will do that shogun.

Why is the CA showing on 2 of 3 CRA's and different names, is that normal?
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