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DV question

Senior Contributor

Re: rsRe: DV question


-Cain- wrote:
So calling the OC to find out who owns debt would be a better move than DVing CA? I was leaning towards that as I thought DVs might make a CA not want to work with you on a PFD after that.

My understanding is that if the CA does not own the debt, you can try to PFD the original creditor.  They can recall the debt from the CA and the CA would then have to delete their tradeline.  Then you pay the OC and they also do not report.

 

DVing the CA will not get the tradeline removed unless they sell the debt.  They do not have to reply to your DV.

IAALBNYL
Message 21 of 26
Valued Contributor

Re: rsRe: DV question

Ok. My next step will be to call the OC and see if they still own the debt. I will update. I appreciate the help thus far from all that replied.

Starting Score: EQ 681 5/2011, EX 656 6/2011 (PSECU), TU98 642 6/2011
Current Score: EQ 741 12/2011, EX 730 08/15 (PSECU), TU08 710 08/15
Goal Score: 725+ across the board


Take the FICO Fitness Challenge

Message 22 of 26
Valued Contributor

Re: rsRe: DV question

This bad we have been discussing under my TU reports reads as Loan Type: Open Account - Collection Agency Attorney.

An RJM account I had read Loan Type: Open Account - Factoring Company Account. Is there a difference between the two?

Starting Score: EQ 681 5/2011, EX 656 6/2011 (PSECU), TU98 642 6/2011
Current Score: EQ 741 12/2011, EX 730 08/15 (PSECU), TU08 710 08/15
Goal Score: 725+ across the board


Take the FICO Fitness Challenge

Message 23 of 26
Senior Contributor

Re: rsRe: DV question


-Cain- wrote:
This bad we have been discussing under my TU reports reads as Loan Type: Open Account - Collection Agency Attorney.

An RJM account I had read Loan Type: Open Account - Factoring Company Account. Is there a difference between the two?

 

That I do not know.  Sorry.

IAALBNYL
Message 24 of 26
Valued Contributor

Re: rsRe: DV question

Not a problem, I don't think it'd make too much difference, just happened to look back at my CRs.

Starting Score: EQ 681 5/2011, EX 656 6/2011 (PSECU), TU98 642 6/2011
Current Score: EQ 741 12/2011, EX 730 08/15 (PSECU), TU08 710 08/15
Goal Score: 725+ across the board


Take the FICO Fitness Challenge

Message 25 of 26
Valued Contributor

Re: rsRe: DV question

Just googled factoring company account...one site says it's what JDBs call their accounts.

Starting Score: EQ 681 5/2011, EX 656 6/2011 (PSECU), TU98 642 6/2011
Current Score: EQ 741 12/2011, EX 730 08/15 (PSECU), TU08 710 08/15
Goal Score: 725+ across the board


Take the FICO Fitness Challenge

Message 26 of 26