Credit Card Center Advertiser Disclosure†
12-19-2012 12:43 PM
Gotta love aging off!
In October 2012, I had 14 negative accounts reporting on my Experian credit report. 3 of them fell off in November and another 5 fell off this month!
My previous total debt showed $54,961 and today it shows $3,874.
12-19-2012 01:22 PM
That is great!
12-19-2012 02:08 PM
If not paid, watch out for zombie debts to still appear. Just because they fell off your CR doesn't mean that the debt is gone. Also, with zombie debts, sometimes the CAs are a bit more of the bottom feeder variety.
12-19-2012 02:54 PM
Either, or. It's probably outside of the SOL, it depends on your state. And it will be outside the CRTP, but the "bottom feeders" as I like to call them, really don't care. They don't necessarily try to play by the rules. They're the ones that call and threaten to take you to jail, seize your house, etc. It's just the low life tactics some of them use.
12-19-2012 03:14 PM
I'll keep an eye out. The ones that still showed a balance before dropping off were...
Midland Credit Management
Are they normally some of the "bottom feeders" or are they more likely to resell the debt to some lesser known junk debt buyers who don't really care about following the rules?
12-19-2012 03:24 PM
Most like those will resell to CAs that are lower on the food chain. Just stay on top of everything.
12-19-2012 08:48 PM