topic Re: Score Drops 20 Points With New Collection in Rebuilding Your Credit

Score Drops 20 Points With New Collection

Anonymous — Mon, 21 Jul 2008 17:38:28 GMT

I totally forgot about this bill an bam it hits my CR an i loose 20 points. I have a question about PFD how do you go about doing that do you contact the company by phone an ask for PFD or do you send a letter. Also should they send you something in the mail before you pay i'm so confused how does it work. I been working of my credit for the past few months an was getting some good results an this hit makes me really wanna give up.

Re: Score Drops 20 Points With New Collection

Anonymous — Mon, 21 Jul 2008 17:47:21 GMT

Who is the CA???...what is the DOFD???...and What is your SOL???...

You should DV them first...then if they verify...send them a PFD letter...some comapnies are VERY good with PFDs...if its a well know company...good for PFDs...I would go straight for that...

Re: Score Drops 20 Points With New Collection

Anonymous — Mon, 21 Jul 2008 17:51:26 GMT

The collection is with ENHANCED RECOVERY CORP

It's a old at&t home phone bill for $271

Sorry what is a DOFD an SOL?

Re: Score Drops 20 Points With New Collection

Anonymous — Mon, 21 Jul 2008 18:03:11 GMT

Sol if the timeframe in which the CA has grounds to sue you...depends on which state you live in...or where you lived when the account was established...used the longest one...to be o the safe side...SOL is helpful...because you can end up DV a CA...and in return get sued....you can find your SOL here:

http://www.bankrate.com/brm/news/cc/20040116b2.asp

DOFD=Date of First Deliquency.....the account falls off your reports...7-7.5 years from the DOFD...if that is close..you do better....waiting for it to fall off...

Re: Score Drops 20 Points With New Collection

Anonymous — Mon, 21 Jul 2008 23:14:39 GMT

First Deliquency 8-1-2006

I called them today an was told they don't do PFD so where do i go from here.

Message Edited by mjbfan79 on 07-21-2008 04:14 PM

Re: Score Drops 20 Points With New Collection

Anonymous — Mon, 21 Jul 2008 23:32:17 GMT

I just talked to someone on the phone an i was told that other collection companies has had the collection in the past an they just got the collection in june of 08. What is the safest way i should go about paying this.

Re: Score Drops 20 Points With New Collection

Anonymous — Tue, 22 Jul 2008 01:19:42 GMT

BUMP

Re: Score Drops 20 Points With New Collection

Anonymous — Tue, 22 Jul 2008 02:10:10 GMT

Because the CA told you that several other CAs had this your DOFD/DOLA might be before 2006

Call ATT and see when your last payment to them was.

Then DV the CA CMRRR go from there.

Re: Score Drops 20 Points With New Collection

Anonymous — Tue, 22 Jul 2008 02:12:20 GMT

Do you know for sure if this is your debt and that it's from 2006? Mine (from AT&T as well) showed up as brand new and was actually from 1998. I am starting to notice a lot of old AT&T collections popping up on this board.

Take HappyDays advise

Message Edited by TryingHarder4mykids on 07-21-2008 07:11 PM

Message Edited by TryingHarder4mykids on 07-21-2008 07:12 PM

Re: Score Drops 20 Points With New Collection

Anonymous — Tue, 22 Jul 2008 02:22:08 GMT

HappyDays

Because the CA told you that several other CAs had this your DOFD/DOLA might be before 2006

Call ATT and see when your last payment to them was.

Called At&t everything is correct i know for a fact it is cause i just found a old bill now where do i go from here.

Re: Score Drops 20 Points With New Collection

Anonymous — Tue, 22 Jul 2008 04:25:43 GMT

Will AT&T collect the payment???...and pull it out of collections???...or did they sell the debt to the CA???...

Re: Score Drops 20 Points With New Collection

Anonymous — Tue, 22 Jul 2008 10:50:30 GMT

It's sold to the collection company.

Re: Score Drops 20 Points With New Collection

Anonymous — Tue, 22 Jul 2008 15:39:10 GMT

Bump

Re: Score Drops 20 Points With New Collection

gracie22 — Tue, 22 Jul 2008 16:14:18 GMT

thats funny you mention that......at&t must have just sold a bunch of em, cause i just had a collection from at&t(2005) hit my report a week ago. as soon as i got an alert of a 30pt drop i got the email address and did a PFD through the email. 2days later.....poof....gone. i contacted the vp

Re: Score Drops 20 Points With New Collection

Anonymous — Tue, 22 Jul 2008 18:38:21 GMT

Can i get that email address.

Re: Score Drops 20 Points With New Collection

gracie22 — Tue, 22 Jul 2008 18:46:11 GMT

im sorry, let me clarify what i meant....i emailed the CA, not AT&T.......sorry for the confusion

Re: Score Drops 20 Points With New Collection

gracie22 — Tue, 22 Jul 2008 18:50:56 GMT

fyi, i know the "traditional" method is through the mail for PFD, i sent out 4 emails to 4 different collection agencies and 3 responded with good news. it was so fast, but im just impatient and its hard to sent out mail where im at...........theres always one