Re: LVNV BBB Response
09-06-2012 01:40 PM
This account is well out of the SOL. It will hit the 7.5 year mark in February 2013 so it is well past the 4 year mark.
As far as them reporting as a Factoring Company... Many people have stated that they filed a complaint and where successful on this issue. They are a JDB, not a factoring company. From what I understand factoring companies buy accounts in good standing, not collections. They are reporting the account as 1 month terms with KD's. This is the problem.
Yep, I saw that. While I agree with everything you are saying, I would not have contacted the BBB on an account that would be removed from my credit report in less than 6 months. So, now you are in the same position that you were before and a collection agency that may buy an account within SOL in the future.
Lender Pull 7/10/2012 EQ 585 EX 617 TU 551
8/2012 MyFico EX 598 01/2013 EX 608 2/2013 EX 620 )
9/12/2012 624 (Fico Discover)
02/7/2013 660 (Fico Wally)
At least I'm heading in the right direction!!!
Goal Score:740+, home loan and Get rid of subprime cards!!!