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.
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?
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
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....
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
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.