Reply
Regular Contributor
Sassy_Taurus
Posts: 105
Registered: ‎03-24-2012

Help Please

I have the following left on cr that need to be taken care of. Should I pay them than start a round of GW letters for removal.

 

Midland DOLA 03/08 $656

Afni       DOLA 12/05 $333 I'm suppose to settle with them today

Marauder DOLA 07/10 $162

HSBC/TAX DOLA 02/07 $2694 now this says charged off sold to another lender. Should I set up new payments?

Ad Astra DOLA 2010 $315

 

Any advice would be greatly appreciated.

Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011

Re: Help Please


Sassy_Taurus wrote:

I have the following left on cr that need to be taken care of. Should I pay them than start a round of GW letters for removal.

 

Midland DOLA 03/08 $656

Afni       DOLA 12/05 $333 I'm suppose to settle with them today

Marauder DOLA 07/10 $162

HSBC/TAX DOLA 02/07 $2694 now this says charged off sold to another lender. Should I set up new payments?

Ad Astra DOLA 2010 $315

 

Any advice would be greatly appreciated.


If it has been charged off and sold to another lender, you can no longer make paymnets to that OC.

 

Be prepared for a collection account on that shortly

 


 

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
Regular Contributor
Sassy_Taurus
Posts: 105
Registered: ‎03-24-2012

Re: Help Please

Thanks for your reply rckstrscott.I was afraid of that.

Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011

Re: Help Please


Sassy_Taurus wrote:

Thanks for your reply rckstrscott.I was afraid of that.


They might be able to provide you with the CA the sold it to, and you (if you choose) could attempt a payment scenerio without them reporting the debt...

 

Also, with the balance that high be prepared for a possible suit against you as well :/

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
Regular Contributor
Sassy_Taurus
Posts: 105
Registered: ‎03-24-2012

Re: Help Please


rckstrscott wrote:

Sassy_Taurus wrote:

Thanks for your reply rckstrscott.I was afraid of that.


They might be able to provide you with the CA the sold it to, and you (if you choose) could attempt a payment scenerio without them reporting the debt...

 

Also, with the balance that high be prepared for a possible suit against you as well :/

 

-scott



Based off of the DOLA its past the SOL for my state for suit.  If suit is filed my response would be past SOL.

New Contributor
PRC
Posts: 68
Registered: ‎04-16-2012

Re: Help Please


Sassy_Taurus wrote:

I have the following left on cr that need to be taken care of. Should I pay them than start a round of GW letters for removal.

 

Midland DOLA 03/08 $656

Afni       DOLA 12/05 $333 I'm suppose to settle with them today

Marauder DOLA 07/10 $162

HSBC/TAX DOLA 02/07 $2694 now this says charged off sold to another lender. Should I set up new payments?

Ad Astra DOLA 2010 $315

 

Any advice would be greatly appreciated.


Ad Astra is good for PFD.  I had one with them and they did a PFD.  The rep first stated they could not do it but then placed me on hold and spoke with a supervisor who stated they would accept the PFD if paid in full.  They would not send a letter but they did do what they stated they would do.

Regular Contributor
Sassy_Taurus
Posts: 105
Registered: ‎03-24-2012

Re: Help Please


PRC wrote:

Sassy_Taurus wrote:

I have the following left on cr that need to be taken care of. Should I pay them than start a round of GW letters for removal.

 

Midland DOLA 03/08 $656

Afni       DOLA 12/05 $333 I'm suppose to settle with them today

Marauder DOLA 07/10 $162

HSBC/TAX DOLA 02/07 $2694 now this says charged off sold to another lender. Should I set up new payments?

Ad Astra DOLA 2010 $315

 

Any advice would be greatly appreciated.


Ad Astra is good for PFD.  I had one with them and they did a PFD.  The rep first stated they could not do it but then placed me on hold and spoke with a supervisor who stated they would accept the PFD if paid in full.  They would not send a letter but they did do what they stated they would do.


Thanks. I'm going to call and see if I could get them to do a PFD.

Mega Contributor
RobertEG
Posts: 17,456
Registered: ‎03-19-2007

Re: Help Please

What is the DOFD on the OC account that preceded each collection?

That is the significant date for CR exclusion, and most likely also for SOL. 

Regular Contributor
Sassy_Taurus
Posts: 105
Registered: ‎03-24-2012

Re: Help Please


RobertEG wrote:

What is the DOFD on the OC account that preceded each collection?

That is the significant date for CR exclusion, and most likely also for SOL. 


The DOFD for Midland is 2007

HSBC/Tax DOFD 2006

Afni DOFD2010 they offered PFD but when I calle dthe next day a rep said they closed the account because of dispute with the BBB so they can no longertake a payment.

Marauder DOFD 2010

Ad Astra DOFD 2010


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+