topic Re: Question about a dispute in Rebuilding Your Credit

Question about a dispute

djc1puno — Wed, 03 Apr 2013 01:33:39 GMT

hello folks,

here's my situation: i started looking at my credit report just these past few months to better understand and improve my credit score...it's been abused for a long time so i finally had enough courage to tackle the beast of my past...anyhow, i have CO (one reported in 2007) and since i didn't recall that account at all (credit card), i filed a dispute with experian (got 3 reports thru annual credit reports). however, after doing a bit more research, i think i should've just let that collection fall off, since i believe in california the statute of limitations is 4 years? i just took a peek at my credit report and that old collection is again reporting...my question is, does that mean i have to wait several more years for it to fall off? i also received a letter from the collections agency a few days ago with a court date (but it's 500 miles south of me so i don't think i'll make it)...i think i should've just waited for it to fall of my record as compared to disputing it...i was just eager to repair my score and hoped that if i got it discharged then my score would rise. i could really use you guys' input...thanks!

secondly, i filled out my annual free credit reports all at the same time...i was able to view them that night, but now i can only log back into experian and review that credit report...i tried looking at both transunion and equifax and i couldn't find where i might be able to re-view that free report...any ideas?

Re: Question about a dispute

Anonymous — Wed, 03 Apr 2013 01:38:34 GMT

If the collection agency send u a letter with the court date,it means they will get a judgment against you and that will remain in your credit for 7yrs

How much was the collection for ?

Re: Question about a dispute

djc1puno — Wed, 03 Apr 2013 01:39:59 GMT

hello...thanks for the reply...it's for 1500 plus i believe

Re: Question about a dispute

Anonymous — Wed, 03 Apr 2013 01:46:45 GMT

Its not worth it to stay 3 more yrs with that co in the way

Just try to pay it for deletion

Is not worth the hassle for 1500 believe me.I would borrow the money or open a credit card and pay the collection

Remember to ask the collection agency to delete it from the credit report for a payment exchange

Most of the time they will comply

Re: Question about a dispute

09Lexie — Wed, 03 Apr 2013 01:49:33 GMT

In California, It's 7 years not 4 years.

Re: Question about a dispute

djc1puno — Wed, 03 Apr 2013 01:50:33 GMT

actually...here's what i got...it's actually NOT from the collections company...however, i do see them reporting again on my experian...here's what letter i got actually:

http://recordingclassaction.com/

it's actually a class action lawsuit...

i had to redig the darn letter from my trash bin...lol...i was just too upset when i got it...

Re: Question about a dispute

Anonymous — Wed, 03 Apr 2013 01:51:57 GMT

Well even so the original lender will sell the debt to a diffrent collection agency and then you will be back to square one with a new collection showing in your credit report

Re: Question about a dispute

Anonymous — Wed, 03 Apr 2013 02:37:35 GMT

@djc1puno wrote:
actually...here's what i got...it's actually NOT from the collections company...however, i do see them reporting again on my experian...here's what letter i got actually:

http://recordingclassaction.com/

it's actually a class action lawsuit...

dc

i had to redig the darn letter from my trash bin...lol...i was just too upset when i got it...

So that's good, not a suit against you. But, as a piece of easy advice to give: Try NOT to throw out letters you think are from collections setting court dates! It's really something that might be good to keep...

Re: Question about a dispute

Anonymous — Wed, 03 Apr 2013 02:41:03 GMT

@09Lexie wrote:
In California, It's 7 years not 4 years.

also, was the collection really yours, or someone else? i didn't quite understand your first post.

if it really wasn't yours, fight it till the end. did you owe anything and not pay back?

Re: Question about a dispute

Anonymous — Wed, 03 Apr 2013 02:42:55 GMT

+1 enharu

Good advice

Re: Question about a dispute

djc1puno — Wed, 03 Apr 2013 03:19:13 GMT

thanks guys for the advice...i disputed it because i don't believe it's mine, not because i wanted it off my credit report just to gain points...i have really no recollection of that cc...in fact the only thing i had back then was a first premier card that i ended up closing in 2009 with zero balance...i want to fight it til the end, but i'm hoping it won't cost me as much just to get ride of it...i know having a lawyer would cost money and it might just end up costing what they are trying to collect from me...i hope i'm wrong...