BBB Complaint LVNV[ Edited ]
06-28-2012 02:10 PM - last edited on 06-28-2012 04:52 PM by MarineVietVet
I submitted my BBB Complaint against LVNV Funding. And recieved this
Previous Creditor: GE Capital
Original Creditor: PayPal Buyer Credit
Current Owner: LVNV Funding LLC
Current Balance: $0.00
Dear Edited to remove personal information:
This letter is in response to your correspondence dated June 21, 2012 regarding the above referenced account. LVNV Funding LLC (“LVNV”) currently owns account number ending in xxxx. Resurgent Capital Services L.P. (“Resurgent”) is the master servicer of accounts owned by LVNV. The account was previously sold by GE Capital (“GE”) on or about September 25, 2008 at which time the balance was $410.31. As of the date of this communication, the account balance is $0.00. Please review the following account information:
1. GE advised that this account originated on July 26, 2007 and was opened with PayPal Buyer Credit.
2. This account charged off on September 2, 2008 with a balance of $169.00.
3. No payments have been received on this account since LVNV’s acquisition in September 2008.
After further investigation, this account has been closed. A request to delete the LVNV tradeline will be submitted to the three major consumer reporting agencies during the next reporting cycle. Please allow 30-45 days for this update to occur. We apologize for any inconvenience this matter may have caused Edited. Additionally, Edited should receive no further communication from our office regarding this account.
If we do not receive additional information from you within 45 days of the date this letter is received, then we will assume this dispute is resolved. If you have any further questions, comments or concerns, please contact Customer Service at 888-665-0374.
Resurgent Capital Services L.P.
So, does this mean they're going to remove it? Additionally, I receieved a letter from Allied Interstate saying they purchased the debt from LVNV Funding and are looking to settle.