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Member
Posts: 17
Registered: ‎10-15-2013
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Validation letter success. Portfolio recovery

After cleaning up credit for the last year, I get letter from portfolio recovery for collection. A southwestern bell bill from 99. I sent off validation letter and got reply today. They conducted a investigation and are closing account! It was for less than a $100. Pretty sure I paid it in 99.
Moderator
Posts: 21,133
Registered: ‎12-13-2013
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Re: Validation letter success. Portfolio recovery


Mikielf wrote:
After cleaning up credit for the last year, I get letter from portfolio recovery for collection. A southwestern bell bill from 99. I sent off validation letter and got reply today. They conducted a investigation and are closing account! It was for less than a $100. Pretty sure I paid it in 99.

A zombie collection from 1999 just got to love them, they cannot report it on your CRs and congrats :smileyhappy:


EX Fico 08 BC 06/15: 792 (0); EX Fico 04 V2 06/14: 775
EQ Beacon 5.0 12/14 757
TU Fico 8 06/15: 759 (-5)
Member
Posts: 17
Registered: ‎10-15-2013
0

Re: Validation letter success. Portfolio recovery

I have a fear that as I have cleaned up everything, that random stuff like this will pop up. Stuff from so long ago I forgot etc.
Epic Contributor
Posts: 22,406
Registered: ‎01-17-2008
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Re: Validation letter success. Portfolio recovery

It is possible they will.  The good thing is if they are past the CRTP they cannot be put on your CR and hurt your score.

Mega Contributor
Posts: 16,747
Registered: ‎08-08-2011
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Re: Validation letter success. Portfolio recovery

Congrats!

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