Established Member
Sxott
Posts: 23
Registered: ‎01-04-2013
PFD after SOL is up just to make it gone?

Hello all. My name is Scott and I have a score of 577 and Im working on uping this to buy a home.  I was under the impression that fedral law says there is a SOL of 2 years on cell phone bills. This is over 2 years now. I was wondering what action to take with this? I know SOL has nothing to do with the 7 +180 amount of time this stays on your report. I was wondering on how to go about composing a letter for a PFD (offering them 50%) You would think they would jump on it since they dont even have grounds to come after me for it any longer. I just dont want to say the wrong things. I have not had any contact with them at all. I just want it gone. Thanks guys.

 

Here is the problem child on my report as listed on transunion:

 

PINNACLE CREDIT SERVICES   #JK114**
PO BOX 640
HOPKINS, MN 55343-0640
(952) 939-8100
Placed for collection:
10/14/2010
Responsibility:
Individual Account
Account Type:
Open Account
Loan Type:
FACTORING COMPANY ACCOUNT
Balance:
$393
Date Updated:
12/15/2012
Original Amount:
$393
Original Creditor:
VERIZON WIRELESS (Financial)
Past Due:
>$393<
Pay Status:
>In Collection<
Remarks: 
>PLACED FOR COLLECTION<
Estimated month and year that this item will be removed: 
05/2015
 
 
 
 Experian wont let me Copy and Paste but says account type is "Debt Purchased"
 
 
Here it is on Equifax:
 
PINNACLE CREDIT SERVICES L

PO Box 640
Hopkins, MN-553430640
(952) 939-8100

Account Number:JK1XXXXStatus: 
Account Owner:Individual Account. High Credit:$393  
Type of Account :OpenCredit Limit: 
Term Duration: Terms Frequency: 
Date Opened:10/14/2010  Balance:$393  
Date Reported:12/15/2012 Amount Past Due:$393  
Date of Last Payment: Actual Payment Amount: 
Scheduled Payment Amount: Date of Last Activity:N/A
Date Major Delinquency First Reported:12/2010 Months Reviewed:24
Creditor Classification:Financial Activity Designator:N/A
Charge Off Amount: Deferred Payment Start Date: 
Balloon Payment Amount: Balloon Payment Date: 
Date Closed: Type of Loan:Factoring Company Account (debt buyer) 
Date of First Delinquency:06/2008 
Comments:

Collection account  


Starting Score: 606
Current Score: 607
Goal Score: 700


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