@RobertEG wrote:
You were fortunate that they decided to voluntarily delete.
They were not required to have deleted their reporting based on your payment of the debt, regardless of whether you paid the debt collector or the creditor, if they still had colletion authority at time of payment of the debt..
In fact, CRA policy is that furnishers should not delete based on payment of the debt.
The only required deletion wuold have been if the creditor actually terminated the collection authority prior to taking payment.
CRA policy then informs them to delete their collection if they no longer have collection authority and the debt remains unpaid.
That was not the case, as it was stated that the OC accepted payment and dispute was immediately made of the continued reporting of the collection.
No termiantion thus occured prior to payment.
The debt collector was required only to update the collection to paid, $0 balance, and close the collection.
Before I paid a dime to Sprint or ERC I searched this forum for past ERC experiences and in almost every post people were dealing directly with ERC and trying to PFD or making arrangements with them. I seen a post from you on CRA policy and I said I was screwed. My first call went to ERC ..asked them to PFD and when hey didn't agree I just hung up. Called Sprint and paid full balance.
I was always under the impression that if the OC sold the debt off they could not accept your payment because it's already written off as a loss. And the CA buys the debt pennies on the dollar., so any payment would go to CA..but if the OC accepts payment they must still in fact own debt. So what interest would a CA have in a debt that they couldn't get a dime off off, so it makes sense that they would just delete and move on to another debt they can profit off of.
On one of the other posts I read the OP was about to close on a house that month so they filed complaint with BBB and dispute as first step..I guess when they see you're going to play hard ball they sometime give you are hard time.
