Long story short, I started my rebuilding journey 11/24/14. I started off sending validation disputes to 5 collection accounts and 1 charged off account. 4 collections were completely removed, the last collection account I am in the middle of offereing PFD to them. My charged off account with First Premier Bank has been hell.
Dec 10, 2014 I requested FPB to validate account, not the balance. Well, they sent me a statement with just the total account balance of $453 pretty much saying you owe this amount. That was not good enough for me. I wrote a letter back to the company for a PFD stating I am not assuming ownership but as a goodwill offer. They sent a reply letter stating they will not delete accurate information and take it up with the major credit bureaus. Wow. Typical and common FPB response.
I didn't give up. Shortly after the New Year I submitted a dispute directly to the CRA. Within a few days the account returned verified/unchanged. Didn't give up.
Sent a direct email dispute to: presref@premierbankcard.com on Jan 11, 2015
To Whom It May Concern:
This is a Notice of Direct Dispute with you, under the provisions of FCRA 623(a)(8)(D), of the accuracy of information you have posted to my credit file. On a few separate occasions I have disputed with all three credit bureaus Equifax, Transunion, and Experian pertaining to a credit card with First Premier Bank acct# 5178 ******** for the date of last activity, payment history, status * and the dispute was returned verified. After some further investigation on my part, I am also concerned that these accounts may not belong to me, and/or the reporting to Equifax,Experian and Transunion may be inaccurate. In compliance with FCRA 623(a)(8)(D), and enacting regulations published at 74 Fed Reg 31484 (July 1, 2009), this Notice includes
Identification of the specific information being disputed
Transunion, Experian and Equifax reporting for Acct Number: acct# 5178 ********
Basis for the dispute:
On Equifax Acct # 5178 ******* status is closed, but reports no payment history with a 30+ days late February 2011 and June 2011 date of last activity reporting October 2011 120+ days late; However on Transunion is reporting as not reported and closed as charged off without a date of last activity, and on Experian it is reporting as date of last payment June 2011 30+ days late July 2011 and charged off December 2011, but with a good payment history up until February 2011.
Supporting documentation:
I have included the excerpts of my credit reports showing how these accounts are reporting Attached letters sent and received from FPB and credit report
Under the provisions of FCRA 623(a)(8)(E), you have the duty to review all of the information in this Notice of Dispute, to complete your investigation, and report back to me the results of your investigation, within 30-days of my Notice of Dispute.
In addition, I humbly request that you provide me with complete transaction and payment history, a copy of any signed contracts or agreements, and total outstanding balance you believe I owe.
Thank You,
(My Name)
Submitted a CFPB complaint against the credit bureaus for not fully investigating on Jan 16, 2015.
Received email response today dated Jan 19, 2015
"The account was set up for you Aug 5, 2009, after received your internet application on July 18, 2009. On November 30, 2011, the account charged off with a balance of $452.98.
Upon review of the specific information you provided in your dispute, First Premier Bank is requesting that the account be deleted by the consumer reporting agencies. Please allow approximately 30 days for the update."
Thank goodness, no more FPB. Also I applied during the dispute in December 2014 to see if they would approve, of course they did. Starting limit $300 with $75 processing fee. Of course I'm not activating this card!
Starting Score: EQ 8/14 545
