topic Re: PFD refused by Credit Collection Services in Rebuilding Your Credit

PFD refused by Credit Collection Services

Anonymous — Mon, 13 Jun 2011 05:03:01 GMT

I've sent off a few PFDs and got my first responses; a yes from CBA and a form letter no from Credit Collection Services. The CCS is a Ca of an insurance account from 2007 for $170.

The form letter says:

"we are in receipt of your correspondence stating you will pay the above balance if we delete it from your credit bureaus. The Fair Credit Reporting Act requires that we provide the credit bureaus with accurate information and we are prohibited from deleting the account. Upon receipt of the balance in full, we will update your account with the credit bureaus as paid in full."

No name on the letter. Suggestions from here? Wait a few weeks and try again?

Re: PFD refused by Credit Collection Services

tamdugg1980 — Tue, 14 Jun 2011 01:54:11 GMT

Definitely try again! Yes the FCRA does state they have to report accurately, it doesn't say they can't delete a tradeline! Keep sending those PFD letters. Try to find a different address, maybe someone in management's name and address it to that person directly. Do not give up. Eventually someone will accept your terms!!!! Good luck!

Re: PFD refused by Credit Collection Services

AndySoCal — Tue, 14 Jun 2011 02:01:29 GMT

Who owns the debt ? Have you talked with the insurance company?

Re: PFD refused by Credit Collection Services

RobertEG — Tue, 14 Jun 2011 02:57:23 GMT

When a creditor or debt collector tells you that the FCRA prevents deletion, that is untrue.

FCRA 623(a)(1)(A) only requires that information reported to your credit file not be knowingly inaccurate. The converse is not a requirement that information must remain in your credit file if it is accurate.

Their restriction against deletion is only, at best, pegged to their credit reporting agreement with the CRAs.

The credit reporting manual used by each of the three major CRAs does include the specific administrative instruction that prior, accurate reporting is NOT to be deleted based on payment of the debt.

It is an administrative matter on their part, and not a statutory prohibition.

Re: PFD refused by Credit Collection Services

sobreezy — Tue, 14 Jun 2011 04:32:13 GMT

Like the above RobertEG mentioned I would just keep trying

Re: PFD refused by Credit Collection Services

Anonymous — Tue, 14 Jun 2011 05:47:23 GMT

AndySoCal: Great question. I wasn't even aware the debt existed. It appears only on my TransUnion report. How can I tell who owns it?

If CCS owns it does it make any sense to pursue with Progressive?

Re: PFD refused by Credit Collection Services

Anonymous — Tue, 14 Jun 2011 05:46:38 GMT

Tamdugg1980: any suggestions on finding alternate contacts? I tried searching the myfico forums without success and googling did not turn up much.

If anyone has contacts at Credit Collection Services they could share it would be much appreciated.

Re: PFD refused by Credit Collection Services

tamdugg1980 — Tue, 14 Jun 2011 14:18:15 GMT

To find company contacts, I normally google, try different variations of what you are looking for, i.e., "ccs ceo", "credit collection service ceo" "ceo of credit collection service", "credit collection service pfd letter", etc.

Also, try other searching debt help boards. There are tons that I've found in my searching. Though I LOVE myFico, there are other credit help boards out there with people that have the same issues as you may have. The point I am trying to make is, you have to do alot of research, sometimes it may take hours to find that one link to a possible CEO, VP, department manager. Don't give up!

Re: PFD refused by Credit Collection Services

Hopelives2 — Tue, 14 Jun 2011 16:24:04 GMT

I also use LinkedIn... amazing who you can find there NAMC, et al.

Re: PFD refused by Credit Collection Services

tamdugg1980 — Tue, 14 Jun 2011 17:47:20 GMT

@Hopelives2....very good idea!!!!! Never thought about that!!!!! Hmm...

Re: PFD refused by Credit Collection Services

AndySoCal — Wed, 15 Jun 2011 04:24:13 GMT

Call Progressive and see if thye sold it to the CA or it is assigned. And tell them what you said you were not aware of the debt until you saw the collection account. See if they can supply more information as well.

Re: PFD refused by Credit Collection Services

fairclok — Thu, 27 Dec 2012 23:04:51 GMT

i noticed in an old post that you had success with a PFD with Collection Bureau of America (CBA). I've also heard of others who have had success with them. . I will be able to Pay In Full. Any pointers before sending off the letter? Did you send it to anyone in particular?

Thanks in advance.

@Anonymous wrote:
I've sent off a few PFDs and got my first responses; a yes from CBA and a form letter no from Credit Collection Services. The CCS is a Ca of an insurance account from 2007 for $170.

The form letter says:

"we are in receipt of your correspondence stating you will pay the above balance if we delete it from your credit bureaus. The Fair Credit Reporting Act requires that we provide the credit bureaus with accurate information and we are prohibited from deleting the account. Upon receipt of the balance in full, we will update your account with the credit bureaus as paid in full."

No name on the letter. Suggestions from here? Wait a few weeks and try again?

Re: PFD refused by Credit Collection Services

fairclok — Thu, 27 Dec 2012 23:05:37 GMT

sorry. forgot to check, email when someone replies

@Anonymous wrote:
I've sent off a few PFDs and got my first responses; a yes from CBA and a form letter no from Credit Collection Services. The CCS is a Ca of an insurance account from 2007 for $170.

The form letter says:

"we are in receipt of your correspondence stating you will pay the above balance if we delete it from your credit bureaus. The Fair Credit Reporting Act requires that we provide the credit bureaus with accurate information and we are prohibited from deleting the account. Upon receipt of the balance in full, we will update your account with the credit bureaus as paid in full."

No name on the letter. Suggestions from here? Wait a few weeks and try again?