Credit Card Center Advertiser Disclosure†
04-07-2011 02:12 PM
I have one collection on all three reports from Midland for a charged off Target Account. All three CRA's show a DOFD as 7/2005 and a removal date of June 2012. I sent out requests a few weeks ago to the big three to get my actual DOFD because I know it was actually sometime in 2004, but I don't know exactly when. So basically, Midland is using the date of my last payment (which I know is July of 2005 because I can actually still log into my Target account online) to keep it on my report longer than they should. If I can't get correct DOFDs from the CRAs (I paid them the $10.50, but so far only TransUnion has cashed a check) do you think I might still be able to get the information directly from Target? While I can see my account summary (it is bare bones) I can't see any old statements, etc.
Also, since I know that my last payment and not my first deliquent payment were in 7/05 - should I send a letter to Midland offering a very reduced settlement to remove since they are using the wrong date, instead of waiting for the CRAs to give me the info and then fighting with Midland?
I want to start looking for a house and would prefer that this stupid collection go away sooner rather than later so I don't have to write explanation letters or end up paying them for something that is way past SOL and legally the CRTP.
Thanks so much for any advice.
04-07-2011 02:17 PM
04-07-2011 02:20 PM
Thanks - that is definitely the way I'm leaning, I just hope they still have enough info in their system to be able to provide it. (if I don't get word back from EQ, EX and TU)
04-07-2011 02:22 PM
04-07-2011 02:48 PM
If all three CRAs are showing the same DOFD, then chances are that the OC incorrectly reported it to the CRAs.
If a simple call to the OC does not resolve this, then I would suggest you file a direct dispute under FCRA 623(a)(8), disputing their date of reporting of DOFD under FCRA 623(a)(5). That will, of course, require your showing from your account records of the actual DOFD.
04-08-2011 12:31 AM
I was in the same boat with Midland with my dell account. I sent them a letter informing them that this account was past 7.5 years from DOFD (I wasn't 100% sure that it was or not) and they responded quickly to tell me that they were removing this account. I did pay the collection about a year ago, and they may have deleted it on their own, like I said the letter came to me less then a week after I sent mine.
Hope this helps.
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.
* 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.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com 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.