Credit Card Center Advertiser Disclosure

Frequent Contributor
Posts: 382
Registered: ‎06-26-2012
0 Kudos

Re: Should I have OC sign PFD and a NDA?

[ Edited ]



IIECS said it better than me (and beat me to it too!)

Current: Eq- 624 Ex - 631 (lender pulled) TU - 661 (lender pulled)
Goal 700+ across all three
Community Leader
Epic Contributor
Posts: 29,735
Registered: ‎03-19-2007
0 Kudos

Re: Should I have OC sign PFD and a NDA?

If the OC accepts payment, then they have a legal obligation to notify the debt collector that the debt is satisfied.  Period.  They are obligated to inform their agent that the debt is satisfiied, and thus further collection activities on their part are improper under the law.   The OC will not sign an agreement that includes any provision that they cannot comply with other contract and legal obligations.

Any contract agreement in the PFD that includes provisions that are contrary to law would most likely be unenforceable.


If you send a DV to a debt collector, knowing that their is no longer a debt, yet asking them to verify the debt,that is contradictory.  Additionally, they have no obligation to respond to any DV.  Even if timely, which it most likely would not be at this point, it would only invoke a cease collection bar on them.  They could never respond, and lack of response is not basis for compelling any CR deletion.


It looks like a huge game to me.....


Frequent Contributor
Posts: 357
Registered: ‎11-16-2012
0 Kudos

Re: Should I have OC sign PFD and a NDA?

Waiting on templates for the DV and PFD letter, but while Im waiting, I was looking and saw that I have a letter from the CA dating to May 23rd 2012 and the Balance there is $637.00, but when I talked to the OC he sent me that email stating the I owe $837.00.


Letter states.

Dear ________


We are writing to you in regard to your account with __________

As of 5/03/10, this unpaid obligiation was reported by our company to Experian, Equifax and Transunion, consumer reporting agencies. This unpaid debt may hinder your ability to obtain credit in the future. So that we may update this information to the consumer reporting agencies as a paid accuont, please contact Russel at 202-333-xxxx and make arrangements to pay this obligiation.



Trojan Professional Services.




My plan is to send the DV to the collection agency and if they DV then send a PFD letter, and keep sending the PFD until they take it. (hopefully they take it, lol)

12/28/13 (Garden Start Date)

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

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

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. 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.