01-27-2013 12:15 PM
heres the info... Should i call and get the original agency/ company or pay the collection agency? Or can i dispute this because the agency industry is not reported?
I do not know what to do and i really really dont want this on my record and is it possible to get it to not report all together
|Original balance:||$212||Agency name:||STELLAR RECOVERY INC|
|Current balance:||$212||Agency number:||****i erased this due to reasons***|
|Status (as of 1/1/2013) :||UNPAID||Agency industry:||Not Reported|
|First delinquency:||8/1/2011||Original creditor:||***i erased this due to reasons***|
|Last payment:||Not on Record|
01-27-2013 12:24 PM
Was the OC not reported before you edited it?
Agency Industry doesn't mean anything. Though I have never seen that on a report before.
Where did you get this report? Have you got your 3 free reports from annualcreditreports.com?
01-27-2013 12:28 PM - edited 01-27-2013 12:30 PM
I presume that the OC has not reported, only the debt collector?
If so, and CR deletion is your goal, then payment to the OC will not require the debt collector to delete their reporting of collection on the debt.
With only the debt collector reporting, a PFD would go to them.
As for any omission or inaccuracy in their reporting, yes, you can always dispute. However, any party who has furnished information to a CRA always has the option, upon receiving a dispute of the accuracy of their reporting, to correct any inaccuracy. A dispute will only compel deletion if they state that they cannot verify the accuracy of their reporting or they dont provide verification within the dispute period. So an inaccuracy is not usually basis for compelling CR deletion.
Industry type is certainly a minor omission that could easily be provided.
01-27-2013 12:29 PM
The OC just had the agency number. I got the report from myFico Score Watch Alert
01-27-2013 12:38 PM
01-27-2013 12:45 PM
No, just the opposite.
Paying the OC will not require the debt collector to delete their reporting. They have/had collection authority, and that is not negated by payment of the debt.
If deletion of the collection is desired, your PFD must go to the party who reported it.
01-27-2013 12:52 PM
Ok so i should basically pay this Stellar company the $212 and negotiate with them to take it off my credit report?
01-27-2013 01:02 PM
You can try a PFD - you pay them for deleting. If that doesn't work, you can pay and send GW letters. They don't have to delete but some CAs have a heart, sometimes, and will.
Have you ever received your 3 free CR from annualcreditreport.com? They are more accurate than 3rd party sites.
01-27-2013 01:27 PM
I would DV them before PFD. They listed something on my report with no dunning. I sent DV next day and within a week or two the collection was off my CR.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.