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Regular Contributor
peeler1967
Posts: 135
Registered: ‎08-28-2008

check this out

I have a collection account (bad check) listed under my revolving accounts.  It just updated today as being 120 lates for november and december of 2008.  We haven't even hit those months yet.
08/28/08 TU 568 EQ 512 Ex 545
10/06/08 TU 550 EQ 522 EX 545

Thanks to all board members for their insight and wisdom.
Regular Contributor
peeler1967
Posts: 135
Registered: ‎08-28-2008

Re: check this out

would an ITS be the right way to go or should I contact the FTC, BBB and AG on this???
08/28/08 TU 568 EQ 512 Ex 545
10/06/08 TU 550 EQ 522 EX 545

Thanks to all board members for their insight and wisdom.
Regular Contributor
peeler1967
Posts: 135
Registered: ‎08-28-2008

Re: check this out

bump
08/28/08 TU 568 EQ 512 Ex 545
10/06/08 TU 550 EQ 522 EX 545

Thanks to all board members for their insight and wisdom.
Moderator Emeritus
llecs
Posts: 32,869
Registered: ‎08-04-2007
0

Re: check this out

Wow! They sure are forward thinking.

 

I personally wouldn't file complaints. Not now anyway. Filing complaints won't make them go away, usually. I personally would focus on removing the CA, rather than the lates. If I had to go after them because of the lates, then maybe I would scour the FCRA to see if I could catch them on a reporting gaff. If they remove the lates now, then there is nothing stopping them from adding lates next month and the month after. If they do go away, it'll likely end up with another CA.

Valued Contributor
demed
Posts: 1,255
Registered: ‎05-12-2008

Re: check this out

llecs is right, and in general a bad check is not perceived very well, it has a long SOL and you don't want to stroke them the wrong way.

I would focus on PFD.

Feb 08 550s - Oct 08 700s
Thank you MyFico!
Mega Contributor
RobertEG
Posts: 18,431
Registered: ‎03-19-2007

Re: check this out

[ Edited ]

 

Clearly, holding you to delinquencies that have not yet legally occured is stupid, and must clearly be a computer snaffu, which is what they will tell you.

FTC complaints are the last resort under the FCRA.  You have to have your ducks in a row before you do this.  I would not take it to that level until I was sure there was a clear and documented FCRA abuse. 

The OC can continue to post later account delinquencies until such time as they close, CO, or CA the account.  So more info is needed on the precise account status.

YOu can get that info, before going FTC ballistic, by filing a dispute under section 611(a) of the FCRA with the CRA, and requrie them to investigate this for you.

 

I agree totally with the advice of llecs and demed.  Find out the CA role in all of this first.  Get the facts together.

 

Message Edited by RobertEG on 10-10-2008 01:24 AM
Message Edited by RobertEG on 10-10-2008 01:25 AM

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