Reply
Member
Julia198307
Posts: 5
Registered: ‎04-29-2013
0

Calvary Portfolio GW

Has anyone had luck getting a paid collection off your report? And if so could you PM me the email or address used? Thanks
Valued Contributor
newmomnewme
Posts: 1,302
Registered: ‎09-30-2013
0

Re: Calvary Portfolio GW

Did you get any information on Calvary? I sent them a DV for an unpaid account (OC Citifinancial)...I was planning to try to PFD the account is from 2004 or so...



Starting Score: May 2013 EQ: 577 TU: 537 EX: 555
Current Score: EQ: 711 TU: 666 EX: 671
Goal Score: ALL 720+

In the Garden Until August 2014 Last App Feb 2014
border="0"Take the myFICO Fitness Challenge
Member
Jumpin-in
Posts: 9
Registered: ‎11-16-2013
0

Re: Calvary Portfolio GW

New to the board. I am interested in the same info. Should I PIF first or is there any leverage to request a delete for payment ?, Thanks everyone.

My credit is like a car accident- It took a lot less time to wreck than it will to fix.
Community Leader
Valued Contributor
DaveSignal
Posts: 2,096
Registered: ‎07-29-2011
0

Re: Calvary Portfolio GW

I had a collection with Cavalry that is no longer on my reports. I don't think I did PFD, but I paid it. This was awhile ago, but I am pretty sure that I just asked them to delete after it was paid and they said it was not a problem. It was removed pretty quickly after being paid. I would call them and talk to them about it.
EX:694 TU:744 EQ:709
Amex ED $19.5k - BoA Travel Rewards $15k - CSP $5k - SDFCU EMV $15k - NFCU goRewards $20k - Barclays Arrival $6.5k
Valued Contributor
newmomnewme
Posts: 1,302
Registered: ‎09-30-2013
0

Re: Calvary Portfolio GW


Jumpin-in wrote:

New to the board. I am interested in the same info. Should I PIF first or is there any leverage to request a delete for payment ?, Thanks everyone.


I think you should send them a DV (debt validation letter) before you send them anything. If they can't verify, then they can't collect.....do that before you make them any offers.



Starting Score: May 2013 EQ: 577 TU: 537 EX: 555
Current Score: EQ: 711 TU: 666 EX: 671
Goal Score: ALL 720+

In the Garden Until August 2014 Last App Feb 2014
border="0"Take the myFICO Fitness Challenge
Member
Jumpin-in
Posts: 9
Registered: ‎11-16-2013
0

Re: Calvary Portfolio GW

Thank you, good idea. I will post my results.

My credit is like a car accident- It took a lot less time to wreck than it will to fix.
Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008
0

Re: Calvary Portfolio GW

Be careful with the DV.  If the debt is still within your state suing SOL and you cannot pay in full on the chance they do validate, they can sue you.

 

A DV, when timely, does put in place a cease collection bar but once validated they can continue to collect.   They also do not have to validate.

Established Contributor
fixmycred14
Posts: 537
Registered: ‎08-04-2013
0

Re: Calvary Portfolio GW

I just received my second letter from Cavalry in response to my DV. The first letter said they would investigate and get back to me in 60 days. Its now well over 30 days. The second letter I received today states that they are still attempting to validate throught the OC. The OC is HSBC. By now, everyone has heard and read all of the drama with HSBC. Cavalry also contacted the CRAs and notified them of a dispute. I contacted the CRAs and had the comments removed.

 

What should I do next? Just wait?? Does it really take more than 30 days to validate a debt?


Starting Score: FICO TU 591 FICO EX 581 FICO EQ 555
Current Score: FICO TU 662 FICO EX 652 FICO EQ 643
Goal Score: 700 CLUB


Take the myFICO Fitness Challenge NFCU nRewards $7K Cap1 Secured $500 NFCU LOC $15K
Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008
0

Re: Calvary Portfolio GW

If they don't have anything or anyway to validate, yes, it could take a long time.

 

Since they have no time limit to get it done, there is little that can be done about it.

Established Contributor
fixmycred14
Posts: 537
Registered: ‎08-04-2013
0

Re: Calvary Portfolio GW

Okay, I'll wait it out.

 

Is it SOP to request documentation from the OC on a DV?   This will be interesting since HSBC is supposedly defunct...


Starting Score: FICO TU 591 FICO EX 581 FICO EQ 555
Current Score: FICO TU 662 FICO EX 652 FICO EQ 643
Goal Score: 700 CLUB


Take the myFICO Fitness Challenge NFCU nRewards $7K Cap1 Secured $500 NFCU LOC $15K

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+