Rebuilding Your Credit

[ubud]

Hi Everyone! I have a big, big problem that I need resolved right away-

My plans were to apply for a mortgage this week. I have a $800 collection from MCM for a verizon account that went delinquent in of April 2003.I am unsure of the validity of this debt I have been disputing this collection for the last 6 months. I also sent them a DV letter 3 weeks ago. I run my credit today and they have changed this account from a CA DOFD 2003, to an open revolving account, with 120+ as of July 2008 and April 2008 with no DOFD listed (it basically looks like a new ding to my CR). This basically put my chances for being approved for the loan down the toilet as I cannot have any late pays in the last 2 years. (doing a stated income loan, as I am a business owner, requirement are strict)
What can I do to get this deleted yesterday? The amount is only $800 and I will do a PFD. What is the fastest way to make this happen... I am even willing to get an attorney involved.

By the way, they are also majorly mispelling my last name... don't know if that helps.

Any advice on what I can do right away would be great. Thanks so much in advance.

[FretlessMayhem]

---

ubud wrote:

Hi Everyone! I have a big, big problem that I need resolved right away-

My plans were to apply for a mortgage this week. I have a $800 collection from MCM for a verizon account that went delinquent in of April 2003.I am unsure of the validity of this debt I have been disputing this collection for the last 6 months. I also sent them a DV letter 3 weeks ago. I run my credit today and they have changed this account from a CA DOFD 2003, to an open revolving account, with 120+ as of July 2008 and April 2008 with no DOFD listed (it basically looks like a new ding to my CR). This basically put my chances for being approved for the loan down the toilet as I cannot have any late pays in the last 2 years. (doing a stated income loan, as I am a business owner, requirement are strict)
What can I do to get this deleted yesterday? The amount is only $800 and I will do a PFD. What is the fastest way to make this happen... I am even willing to get an attorney involved.

By the way, they are also majorly mispelling my last name... don't know if that helps.

Any advice on what I can do right away would be great. Thanks so much in advance.

---

Hi ubud, welcome to the forums!

I didn't see it, so I figured I'd ask if you have tried a PFD with Midland yet. If you're disputes are coming back verified, as unfortunate as it is to say, I don't believe there will be a quick way to remove this item from your reports.

If I were you I would wait and see if they respond to your DV letter. Did you send it CMRRR?

[sidewinder]

I would file a complaint with the BBB. However, in my experience, it will take you about 30 days or more to get this corrected.

[ubud]

Hi, I have not offered PFD... but I would be more than happy to pay in full for delete if it meant a fast delete.... Should I fax, email, call or mail the PFD offer?

I have also called an attorney, I might consider utilizing their service if need be.

[sidewinder]

If MCM- Midland Credit Management.........I do not believe they are PFD friendly.

[ubud]

Yes,  it is midland credit managment.

Maybe I can entice them to be PFD with the help of a lawyer?