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Valued Contributor
madmann26
Posts: 1,434
Registered: ‎08-30-2012
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frustrated.....CO returned...

And cost me 3 fico points. I need to know how to best handle this. I checked my CR and saw it there with a different balance then before and the CA is different.

On a side note...my old Cap1 account balance finally reported the right balance and I gained 15 FAKO points from it.

Thanks.

Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 705|EQ 690|EXP 698 (FICO)
What's in my wallet? Cap1 PLAT AU $1.25k; Cap1 Cash AU $2k; NFCU Siggy $23k; $4k WalMart DC; CFNA Firestone $2.2k; Amazon $2.1k; NFCU Cash Rewards $22K; AMEX BCE $18k; NavCheck $15k; Lowe's $10k; Citi DP $6.3k; AMEX ED $8.5k; Chase Freedom $4.5k
Goal Score: 700 across the board.
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Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011
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Re: frustrated.....CO returned...


madmann26 wrote:
And cost me 3 fico points. I need to know how to best handle this. I checked my CR and saw it there with a different balance then before and the CA is different.

On a side note...my old Cap1 account balance finally reported the right balance and I gained 15 FAKO points from it.

Thanks.

Just curious..

 

Did the OC charge off come back? Or did it come back with a different colleciton agency?

 

And how was it removed originally? Via dispute?

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
Valued Contributor
madmann26
Posts: 1,434
Registered: ‎08-30-2012
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Re: frustrated.....CO returned...

It was AFNI originally and I DV'd them and they deleted it. Now it's back as IC Systems with a $200 increase to the balance.

Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 705|EQ 690|EXP 698 (FICO)
What's in my wallet? Cap1 PLAT AU $1.25k; Cap1 Cash AU $2k; NFCU Siggy $23k; $4k WalMart DC; CFNA Firestone $2.2k; Amazon $2.1k; NFCU Cash Rewards $22K; AMEX BCE $18k; NavCheck $15k; Lowe's $10k; Citi DP $6.3k; AMEX ED $8.5k; Chase Freedom $4.5k
Goal Score: 700 across the board.
Take the FICO Fitness Challenge
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Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011
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Re: frustrated.....CO returned...


madmann26 wrote:
It was AFNI originally and I DV'd them and they deleted it. Now it's back as IC Systems with a $200 increase to the balance.


Okay, well there is nothing wrong with that in and of itself... CA's sell accounts all the time.. 

 

I would DV IC Systems; if ANFI couldn't validate, IC Systems likely cannot.

 

The only time reinsertion of an account posses potential FCRA violations is if the SAME creditor reinserted information after a deletion due to dispute.

 

Voluntary removal isn't part of that, and since this is a new company, you have to tackle the debt the same as a new one..

 

This is why DV deletions are double edged swords. As long as the debt exists, it can come back

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
Valued Contributor
madmann26
Posts: 1,434
Registered: ‎08-30-2012
0

Re: frustrated.....CO returned...

Thanks Scott. Seems like a certified mail is in order.

Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 705|EQ 690|EXP 698 (FICO)
What's in my wallet? Cap1 PLAT AU $1.25k; Cap1 Cash AU $2k; NFCU Siggy $23k; $4k WalMart DC; CFNA Firestone $2.2k; Amazon $2.1k; NFCU Cash Rewards $22K; AMEX BCE $18k; NavCheck $15k; Lowe's $10k; Citi DP $6.3k; AMEX ED $8.5k; Chase Freedom $4.5k
Goal Score: 700 across the board.
Take the FICO Fitness Challenge
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Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011
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Re: frustrated.....CO returned...


madmann26 wrote:
Thanks Scott. Seems like a certified mail is in order.

Yeah; I would definitely send a DV asap..

 

Did they ever send a dunning on this? You might be able to leverage them because reporting to a CRA is considered collection activity, and if they didn't send you a dunning you could possibly use a potential FDCPA violation to your benefit in convincing them to forget about this debt....

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
Valued Contributor
madmann26
Posts: 1,434
Registered: ‎08-30-2012
0

Re: frustrated.....CO returned...

No...no dunning notice. How would I leverage this?

Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 705|EQ 690|EXP 698 (FICO)
What's in my wallet? Cap1 PLAT AU $1.25k; Cap1 Cash AU $2k; NFCU Siggy $23k; $4k WalMart DC; CFNA Firestone $2.2k; Amazon $2.1k; NFCU Cash Rewards $22K; AMEX BCE $18k; NavCheck $15k; Lowe's $10k; Citi DP $6.3k; AMEX ED $8.5k; Chase Freedom $4.5k
Goal Score: 700 across the board.
Take the FICO Fitness Challenge
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Valued Contributor
rckstrscott
Posts: 2,659
Registered: ‎04-25-2011
0

Re: frustrated.....CO returned...


madmann26 wrote:
No...no dunning notice. How would I leverage this?

Well, they are required to send a dunning notification witin I believe 5 days of starting collections... it might be 30.. one of the two (two lazy to look it up) and placing on a credit report is considered collection activities.. if they didn't well, thats a violation of the FDCPA..

 

You could send them the DV mentioning this.. or you could use a BBB complaint mentioning this.. you could report it to the FTC.. you could file a lawsuit.. you have recourse.. if the ultimate goal is to get rid of it, I would consider using this information along with a PFD so it goes away forever, because even if you are able to remove it again, it will just keep coming back with new CAs

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession

Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
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Re: frustrated.....CO returned...

The dunning notice is required within 5 days of notification to you of the collection account.  Posting to your CR is covered by this too.  If you do not receive a dunning notice, then they are in violation.


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Valued Contributor
madmann26
Posts: 1,434
Registered: ‎08-30-2012
0

Re: frustrated.....CO returned...

Can someone tell me what area of the FDCPA I need to quote?

Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 705|EQ 690|EXP 698 (FICO)
What's in my wallet? Cap1 PLAT AU $1.25k; Cap1 Cash AU $2k; NFCU Siggy $23k; $4k WalMart DC; CFNA Firestone $2.2k; Amazon $2.1k; NFCU Cash Rewards $22K; AMEX BCE $18k; NavCheck $15k; Lowe's $10k; Citi DP $6.3k; AMEX ED $8.5k; Chase Freedom $4.5k
Goal Score: 700 across the board.
Take the FICO Fitness Challenge
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