New negative item - Midland Credit Management

[annm]

I'm not sure how to to about this one. I'm trying to repair my credit with a credit repair service. So far I'm pleased with the results. One recent item has been removed in less than a month but now a new item has appeared - this demon Midland Credit Management on my reports and it's dropped my scores some 20 points.

They said they won't do a pay for delete - and everything I've read about them seems like people have had a lot of trouble getting them off.

The debt is mine. Do I have to suck it up for 7 years? 

=( 

[NewbieReed]

Has it been paid already? Is the information that they are reporting accurate? Whats the SOL? DOFD?

[annm]

No it hasn't been paid. I don't want to pay it if it's going to do absolutely nothing. I think the SOL in NC is 3 years - they told me it'd be reported until 2019. I do not know what DOFD means.

[Shogun]

With that kind of drop off date, the debt would have had to have defaulted in 2012 or so.   This would make it a very recent debt.  You need to get a DV in the mail to them, sent it CMRRR.

[guiness56]

DoFD is date of first delinquency.  This is the date that lead to the CO or collections and the date used to determine when it will be removed.

[annm]

Assuming they validate the debt is there anything I can do? 

[guiness56]

They can validate.  But you need to know the DoFD.

If they validate and it is beyond SOL and CRTP, you can send a cease and desist. 

[annm]

The DOFD was in 2011. The SOL has not run out...it just got started!