topic Credit One Bank/LVNV Funding in Rebuilding Your Credit

Credit One Bank/LVNV Funding

Anonymous — Wed, 13 Feb 2013 22:17:35 GMT

Credit One Bank has a chargoff on my credit report. I do not owe this company ANYTHING. I paid off this card in March 2008, by November they sent it in the amount of $600 to LVNV funding which is now charging me near $800. I have disputed it to all 3 credit bureaus but only have gotten it removed from TransUnion for some reason. What I'm asking is can anyone PM me the information and how to go about getting this removed from my credit report entirely.

Letters of Good Will? Or dispute?

I called Credit One Bank and the woman was very rude and told me she would not give me any information to dispute this and that it will remain on my report for 7 years which is not acceptable. Thank you.

Re: Credit One Bank/LVNV Funding

Anonymous — Wed, 13 Feb 2013 22:27:04 GMT

Send Credit One a direct dispute under FCRA 623(a)(8). They are required to investigate and let you know the outcome. Be specific and detailed in what you are disputing. If you have any documentation to support the dispute send it with the dispute.

Ask for an accounting of the CC payments, etc. and how they came to CO a debt that was PIF.

Re: Credit One Bank/LVNV Funding

Anonymous — Thu, 14 Feb 2013 18:30:29 GMT

Thanks for the input. I know this may sound totally stupid, but how do I go about sending a direct dispute under FCRA 623(a)(8)? I've never heard of that.

Re: Credit One Bank/LVNV Funding

RobertEG — Thu, 14 Feb 2013 18:33:16 GMT

Sample format, mailed directly to the party who reported the disputed information:

“This is a Notice of Direct Dispute with you, under the provisions of FCRA §623(a)(8)(D), of the accuracy of information you have reported to my credit file.

► (If sent to a debt collector, (CA), it might be beneficial to also include the blurb:

     ► “This is a direct dispute of credit reporting. This is not a request for debt
             validation/verification under FDCPA §809(b).”.
                 (don’t let them just simply sluff it off as a meaningless DV letter)

“In compliance with FCRA §623(a)(8)(D), and enacting regulations published at 16 CFR § 660.4, this Notice of Direct dispute includes:

“Identification of the specific information being disputed:
(specify the account number, and the specific information that is disputed under

that identifying account)

“Basis for the dispute:

(how the reporting was inaccurate; was any reporting in violation of any statutory or

regulatory provisions? account or express agreements? CRA reporting gudelines? Account not

yours? etc.)

“Supporting documentation:

(all documents that support your dispute; it is recommened to also include,

as part of your documentation, at least a copy of the portion only of your

recent credit report showing their reporting of the disputed information was

actually reported to your credit flle. The implementing rule suggests a showing

that it appeared in your credit report)