topic Re: ByeBye LVNV!!! in Rebuilding Your Credit

ByeBye LVNV!!!

beanie7132 — Wed, 13 Mar 2013 20:01:41 GMT

Thank you to everyone on this board who has contributed thier stories. Because of it, I was able to get LVNV to remove thier reporting from my reports. For those fighting this company I submitted a BBB complaint with regards to them listed as open, factoring, and increasing my balance each month by 4 dollars. This is my first successful fight, so I am pretty excited right now. Hopefully they wont just sell it off to someone else - even so it reaches CRTP in a few months.

I received my results today:

Dear BBB employee name:

This letter is in response to XXX complaint dated March 5, 2013. LVNV Funding LLC (“LVNV”) currently owns the account number ending XXXX. Resurgent Capital Services L.P. (“Resurgent”) is the servicer of the account owned by LVNV.

After further investigation, the following account has been closed. A request to delete the LVNV tradeline will be submitted to the three major consumer reporting agencies during the next reporting cycle. Please allow 30-45 days for this update to occur. We apologize for any inconvenience experienced regarding this account. Additionally, XXX should receive no further communication from our office regarding this account.

Acct No. xxxxxxxxxxxx Reference No. Original Creditor: HSBC Bank Nevada, N.A.

If you have any further questions, comments or concerns, please contact Customer Service at 888-665-0374.

Sincerely,

Compliance Department

Resurgent Capital Services L.P.

Re: ByeBye LVNV!!!

Anonymous — Wed, 13 Mar 2013 20:05:58 GMT

Nice job.

Re: ByeBye LVNV!!!

wreith — Wed, 13 Mar 2013 20:35:49 GMT

Congrats

Re: ByeBye LVNV!!!

JustJen — Wed, 13 Mar 2013 21:52:47 GMT

What did you say in your complaint to BBB? I have an account on them that I've done certified mailed DV letters, and they never respond to my current address after I've explicitly placed in on there and asked to direct communications with me via mail at current address...they always send something to my old address that I haven't resided at since high school. I only happen to see it when I go home for like the holidays or something. It's scheduled to drop off this year when I initiated a dispute online with Experian last year sometime...it's no longer saying when it's scheduled to drop off so has me a little nervous so I'm thinking about giving it another go as next year I want to start looking into purchasing a home.

Obviously what I did previously didn't help as it's still reporting so I would welcome any suggestions/advice on other tactics. I just initiated another online dispute (which I probably shouldn't have done until I got a game plan together), should I DV again?

I reside in Tx so they are legally required to respond...if they never responded to my correct address is that reason enough to go to BBB?

Re: ByeBye LVNV!!!

Anonymous — Wed, 13 Mar 2013 21:56:55 GMT

Congrats

Re: ByeBye LVNV!!!

beanie7132 — Wed, 13 Mar 2013 22:11:32 GMT

@JustJen wrote:
What did you say in your complaint to BBB? I have an account on them that I've done certified mailed DV letters, and they never respond to my current address after I've explicitly placed in on there and asked to direct communications with me via mail at current address...they always send something to my old address that I haven't resided at since high school. I only happen to see it when I go home for like the holidays or something. It's scheduled to drop off this year when I initiated a dispute online with Experian last year sometime...it's no longer saying when it's scheduled to drop off so has me a little nervous so I'm thinking about giving it another go as next year I want to start looking into purchasing a home.

Obviously what I did previously didn't help as it's still reporting so I would welcome any suggestions/advice on other tactics. I just initiated another online dispute (which I probably shouldn't have done until I got a game plan together), should I DV again?

I reside in Tx so they are legally required to respond...if they never responded to my correct address is that reason enough to go to BBB?

@JustJen - I sent you a PM!

Re: ByeBye LVNV!!!

nmjacobs — Thu, 14 Mar 2013 00:00:57 GMT

I would also like to know what you said in the letter. I have an account with them (originally from HSBC) that went to judgement and they are refusing to budge on the settlement amount. It says right on my credit report that they are a "factory company". Does anyone know what would happen with the judgement if the complaint to BBB works out?

Re: ByeBye LVNV!!!

Epcot — Thu, 14 Mar 2013 00:46:00 GMT

Nice going, Congrats!

Re: ByeBye LVNV!!!

Anonymous — Thu, 14 Mar 2013 04:09:09 GMT

Congratulations! I have two items on my report from them. I haven't had any luck getting responses to my letters either. About a week and a half ago, I sent a certified letter to them and copied the CRA's, BBB, FTC, and the Attorney General for my state. I am awaiting a response. One is a zero balance and the other has a balance but I cannot tell what it is. I didn't complain about how it was listed this go round. Just the fact that my first knowledge of those listings was my credit report and they have not responded to my DV's. I eluded to the fact that it was inaccurate information (saying I opened accounts in 2009 & 2011 with them. I can't wait to see if I have luck or not. If not, I guess I will take your approach on the factoring deal. What exactly did you say to the BBB in that regard? You have given me hope!!

Re: ByeBye LVNV!!!

beanie7132 — Thu, 14 Mar 2013 12:26:46 GMT

PMs sent

Re: ByeBye LVNV!!!

ranjen1 — Sun, 24 Mar 2013 04:20:00 GMT

I tried the factoring bit and they said it was OK to post that way..now I'm rebutting with the fact that they were not licensed as a ca in md when they bought my debt...not sure if they will delete for that though...

Re: ByeBye LVNV!!!

Anonymous — Sun, 24 Mar 2013 04:26:56 GMT

@ranjen1 wrote:
I tried the factoring bit and they said it was OK to post that way..now I'm rebutting with the fact that they were not licensed as a ca in md when they bought my debt...not sure if they will delete for that though...

Are they licensed now? If not also file a complaint with your AG and cc the CA.

Re: ByeBye LVNV!!!

Anonymous — Sun, 24 Mar 2013 04:30:03 GMT

Congrats!

Re: ByeBye LVNV!!!

ranjen1 — Sun, 24 Mar 2013 05:07:09 GMT

They are licensed now but my debt was bought in 2009 and they were licensed in 2012

Re: ByeBye LVNV!!!

chevyman — Sun, 24 Mar 2013 15:04:35 GMT

That's about when mine was bought to

Re: ByeBye LVNV!!!

sybo40 — Sun, 24 Mar 2013 17:23:17 GMT

WOW! MAJOR Congrats, beanie! I would LOVE to know what you sent them as well. Can you PM me, too? GEEZ! I have two things on my CR from LVNV as well and they keep sending the same things back to me with settlement letters that are outrageous. I have horror stories about them and their non-responsiveness so it sounds like there is hope after all!!

Re: ByeBye LVNV!!!

chevyman — Sun, 24 Mar 2013 17:34:13 GMT

They are charging me about 10 percent interest and our state max is 6.5

Re: ByeBye LVNV!!!

beanie7132 — Mon, 25 Mar 2013 12:11:12 GMT

@sybo40 wrote:
WOW! MAJOR Congrats, beanie! I would LOVE to know what you sent them as well. Can you PM me, too? GEEZ! I have two things on my CR from LVNV as well and they keep sending the same things back to me with settlement letters that are outrageous. I have horror stories about them and their non-responsiveness so it sounds like there is hope after all!!

I have sent you a PM

Re: ByeBye LVNV!!!

Anonymous — Mon, 25 Mar 2013 19:35:35 GMT

Congrats!! How did you do it?? I just pulled my CR through a mortgage broker. I'm working on fixing up our CR at the moment and my biggest baddie that's showing up is my husband's LVNV (used to be HSBC/Best Buy). I was going to call them and try to PFD, but after seeing this I would really appreciate some help with my account as well.

Do I send them a DV letter first? Call them? I'd really appreciate any info!! Thanks so much!!

Re: ByeBye LVNV!!!

DaBears — Mon, 25 Mar 2013 19:41:15 GMT

@Anonymous wrote:
Congrats!! How did you do it?? I just pulled my CR through a mortgage broker. I'm working on fixing up our CR at the moment and my biggest baddie that's showing up is my husband's LVNV (used to be HSBC/Best Buy). I was going to call them and try to PFD, but after seeing this I would really appreciate some help with my account as well.

Do I send them a DV letter first? Call them? I'd really appreciate any info!! Thanks so much!!

How old is the debt?