Reply
Moderator
Posts: 22,406
Registered: ‎01-17-2008
0

Re: I HATE EQUIFAX

I would write EQ a letter and ask for their MOV and letting them know this CA is closed with no way to contact them.

 

Unless, all of their accounts have been place elsewhere.

Valued Contributor
Posts: 2,660
Registered: ‎04-25-2011
0

Re: I HATE EQUIFAX


guiness56 wrote:

I would write EQ a letter and ask for their MOV and letting them know this CA is closed with no way to contact them.

 

Unless, all of their accounts have been place elsewhere.


I think regardless of my intrepetation, I also believe this is 100 percent the next step..

 

If they don't respond favorably, I would attempt  a CFPB complaint.. I have had good success with breaking through CRA's thick skulls with those... although I did just have my first setback with a CFPB complaint..

 

-scott

 

 

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 09/14: TU: 784 | EQ: 752 | EX: 784
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


Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $13900, Citi/Home Depot $8500, Capital One Cash Rewards $3500, BOA $7500 Total Utilization: 3%. AAoA: 2yr, 9mth. INQS: 1 TU, 1 EQ, 3 EX
Moderator
Posts: 22,406
Registered: ‎01-17-2008
0

Re: I HATE EQUIFAX


rckstrscott wrote:

guiness56 wrote:

DaBears wrote:

rckstrscott wrote:

DaBears wrote:

I would remind the of their obligation under the FCRA and I would file a complaint against them with the FTC.


What oblgation and what issue?

 

To me, it sounds like Commonweatlth, who upon purchase of the previous collection company took complete control and ownership of the accounts, has verified. If it is being verified, that is an eOscar issue, meaning Commonwealth is the party at fault here in my opinion...

 

-scott


Scott I was referring to EQ, The OP has a letter stating it should not be reporting and if EQ is refusing to use the letter shame on them. They are the ones not following the FCRA. 


The problem with that is, the letter is from a CA not reporting.


If Commonwealth bought the CA, they assume all ownershiip rights and responsibilities of the company.. correct? Therefor, they are now one in the same.. this isn't the case of CA selling an account, this a case of a company becoming another one..  I believe this is still a Commonwealth issue, because this company is now Commonwealth.. I am basing it on this quote from the OP:

 

" BUT the same debt is being reported ONLY TO EQUIFAX but under the CA Northeast Credit & Collections. i did my research because i wanted to reach out to Northeast about this and i learned that this CA is no longer in BUSINESS! THEY WERE TOOK OVER BY COMMONWEALTH."

 

I don't think this is a case of a NEW CA reporting, its a CA reporting that no longer exists, because it was eaten whole by Commenwealth. Commonewealth, by purchasing the entire company, assumes ALL operating and reporting for account aquired in the purchase. Therefor, this reporting is their issue.

 

As I said this is an opinion; I am quite certain I have been wrong before. But I dealt with this exact situation.

 

-scott


Actually, the CA DOES still exist.  The company was bought by Commonwealth, which would make them the parent company.  Northeast Credit and Collections is now called NCC and does exists and still collect. 

 

Since Commonwealth was paid and is the parent company of NCC, I would send them a direct dispute, along with the PFD letter of deletion and ask them to correct the error.

 

Valued Contributor
Posts: 2,660
Registered: ‎04-25-2011
0

Re: I HATE EQUIFAX


guiness56 wrote:

rckstrscott wrote:

guiness56 wrote:

DaBears wrote:

rckstrscott wrote:

DaBears wrote:

I would remind the of their obligation under the FCRA and I would file a complaint against them with the FTC.


What oblgation and what issue?

 

To me, it sounds like Commonweatlth, who upon purchase of the previous collection company took complete control and ownership of the accounts, has verified. If it is being verified, that is an eOscar issue, meaning Commonwealth is the party at fault here in my opinion...

 

-scott


Scott I was referring to EQ, The OP has a letter stating it should not be reporting and if EQ is refusing to use the letter shame on them. They are the ones not following the FCRA. 


The problem with that is, the letter is from a CA not reporting.


If Commonwealth bought the CA, they assume all ownershiip rights and responsibilities of the company.. correct? Therefor, they are now one in the same.. this isn't the case of CA selling an account, this a case of a company becoming another one..  I believe this is still a Commonwealth issue, because this company is now Commonwealth.. I am basing it on this quote from the OP:

 

" BUT the same debt is being reported ONLY TO EQUIFAX but under the CA Northeast Credit & Collections. i did my research because i wanted to reach out to Northeast about this and i learned that this CA is no longer in BUSINESS! THEY WERE TOOK OVER BY COMMONWEALTH."

 

I don't think this is a case of a NEW CA reporting, its a CA reporting that no longer exists, because it was eaten whole by Commenwealth. Commonewealth, by purchasing the entire company, assumes ALL operating and reporting for account aquired in the purchase. Therefor, this reporting is their issue.

 

As I said this is an opinion; I am quite certain I have been wrong before. But I dealt with this exact situation.

 

-scott


Actually, the CA DOES still exist.  The company was bought by Commonwealth, which would make them the parent company.  Northeast Credit and Collections is now called NCC and does exists and still collect. 

 

Since Commonwealth was paid and is the parent company of NCC, I would send them a direct dispute, along with the PFD letter of deletion and ask them to correct the error.

 


This is why you get paid the proverbial non-existant MyFico forum big bucks! Good deduction on the NCC

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 09/14: TU: 784 | EQ: 752 | EX: 784
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


Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $13900, Citi/Home Depot $8500, Capital One Cash Rewards $3500, BOA $7500 Total Utilization: 3%. AAoA: 2yr, 9mth. INQS: 1 TU, 1 EQ, 3 EX
Moderator
Posts: 22,406
Registered: ‎01-17-2008
0

Re: I HATE EQUIFAX

scott said:

 

This is why you get paid the proverbial non-existant MyFico forum big bucks! Good deduction on the NCC.

 

 

LOL. 

Frequent Contributor
Posts: 486
Registered: ‎02-14-2013
0

Re: I HATE EQUIFAX

I had the same problem with commenwealth... They were reporting as a new CA and the company on my CR was palamor was an old CA. When i paid commenwealth they both went away and my statement said Payment to Palmar but then days later Palmar called me for another old debt. It was crazy but they both were removed when i paid n disputed on all my cr's.

Member
Posts: 20
Registered: ‎07-12-2013
0

Re: I HATE EQUIFAX

This is crazy I sent the Letter to Equifax and have disputed this 3times! I filed a complaint with the bbb and the cfpb so they responded back with they are reinvestigating. I just don't get why they aren't honoring the letter from commonwealth and commonwealth doesn't report it anywhere
Senior Contributor
Posts: 3,930
Registered: ‎10-26-2012
0

Re: I HATE EQUIFAX

Im rewarded with Milkduds scott :smileysad: Guiness, nice research I just came back from the dentist my temp crown fell out. Daughter karate kicked me :smileymad:

Moderator
Posts: 22,406
Registered: ‎01-17-2008
0

Re: I HATE EQUIFAX


kevinlee28 wrote:
This is crazy I sent the Letter to Equifax and have disputed this 3times! I filed a complaint with the bbb and the cfpb so they responded back with they are reinvestigating. I just don't get why they aren't honoring the letter from commonwealth and commonwealth doesn't report it anywhere

Did Commonwealth ever report it?

Member
Posts: 20
Registered: ‎07-12-2013
0

Re: I HATE EQUIFAX

Yes but stopped after I did the PFD

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.