topic Re: QUESTION on a COLLECTION not yet reported in Rebuilding Your Credit

QUESTION on a COLLECTION not yet reported

cyberone28 — Wed, 22 May 2013 21:58:51 GMT

ok i owe BILL ME LATER $473 (was 300... 3 years ago..) somehow they havent report that negative to my credit report,

i just recieved 1 letter from a collection agency asking for a settlement of $189 or 3 monthly settlements of $ 78.00

now my question is this

should i call them and ask i will pay the settlement but in exchange that they will not report? how do i doit?

im afraid if i call i have to verify my SSN address etc.. and BAM i will have another collection on my credit...

this debt is from almost 4 years back. this is the 3 letter i recieve from a CA all have been different but same creditor BILL ME LATER. so i guess BILL ME LATER still owns the account.. should i pay BML or the CA???

advises pretty please the CA is " TATE & KIRLIN ASSOCIATES

Re: QUESTION on a COLLECTION not yet reported

Anonymous — Wed, 22 May 2013 22:08:02 GMT

Contact the OC and ask for them to recall the debt and you will pay them.

Re: QUESTION on a COLLECTION not yet reported

cyberone28 — Wed, 22 May 2013 22:23:40 GMT

even if the CA havent post on the CR? so there is no chance i can deal with the CA and ask them not to report?

Re: QUESTION on a COLLECTION not yet reported

Anonymous — Wed, 22 May 2013 22:25:04 GMT

If the OC recalls the debt the CA has no collection authority and couldn't post it on your CR.

Does the letter say pay by this date and we won't report?

Re: QUESTION on a COLLECTION not yet reported

cyberone28 — Wed, 22 May 2013 23:25:30 GMT

no it says

TATE & KIRLIN ASSOCIATES is offering 2 options to assist you with resolving your account. you may pay your account in full or take advantage of these generous offers below.

SETTLE IN 1 PAYMENT - YOU SAVE $280 SETTLE IN INSTALLMENTS - YOU SAVE $230

1 payment of $188.26 3 MONTHLY PAYMENTS OF 78.80

DUE BY JUNE 5 2013 INSTALLMENT DUE BY JUNE 5 2013

you may also make a payment on your account ay WWW. BLAH BLAH .COM

to access the website use the customer # xxxxxxxxxxx

if you wish to resolve your account but are unable to take advantage of these offers,m please contact our office at toll free 877xxxxxxxxxx Our representatives will work with ou to set a program up that fits your situation

please retain the upper portion of this letter for your records

yours truly

BLAH BLAH

Re: QUESTION on a COLLECTION not yet reported

Anonymous — Wed, 22 May 2013 23:42:15 GMT

I would send a copy of that letter along with your letter asking if you pay they not report.

Unfortunately, anytime you are dealing with a CA you risk the chance of them reporting if you do contact them and when you don't.

Re: QUESTION on a COLLECTION not yet reported

chakita — Fri, 21 Jun 2013 16:06:55 GMT

I am in the same situation with BML in collection.

I called BML yesterday and they told me since it is in collection they cannot take the payment.

I called the CA that they gave it to and asked if this was now going to go on my CR even though it hadn't been reported from BML and they told me that no, they won't report it and that they work with the customer to get it taken care of and not do that.

I scheduled my payments with them and it is getting taken care of, no credit reporting! I also have not had any updates about anything being added to my credit for this account before or since it went to collection.

Now, they sent it to ACI for collection, not a law firm or anything so you might want to call them to makre sure!

Re: QUESTION on a COLLECTION not yet reported

ReaLiLJ — Fri, 21 Jun 2013 16:15:59 GMT

@chakita wrote:
I am in the same situation with BML in collection.

"and they told me that no, they won't report it and that they work with the customer to get it taken care of and not do that.

I scheduled my payments with them and it is getting taken care of, no credit reporting!"

Tip: Anytime your dealing with sensitive information like this that can really pose a threat to your credit file make sure you get it in writing, because I have heard of stories of CA's going back on what they said, or miscommunications happening and the debt being reported, and the victim not being able to do anything because they made the payment already and lose their leverage power because they paid already and didn't get it in writing!. -LJ

Re: QUESTION on a COLLECTION not yet reported

Anonymous — Fri, 21 Jun 2013 16:30:29 GMT

Not all CAs will provide a written agreement not to report or to delete. In those instances, you have a 50/50 chance but I have found most do what they say they will.

Re: QUESTION on a COLLECTION not yet reported

cwwatts1202 — Fri, 21 Jun 2013 18:13:54 GMT

I had this happen recently. We moved in February and were waiting for our final light bill from our old address so we could pay it, we couldnt log into our online acct anymore since the acct was closed after the power was turned off when we moved, so I couldnt check the balance that way, we wound up getting a letter from a collection agency in early may and I flipped out and called the CA and told them we never got a bill from the electric company we've been waiting, and asked if it had been reported and they said no, and I asked if I paid it if they were going to report and they said "if it's paid we can not report it" so I paid it... not sure if its the same for all CA's.. but it would seem so. I had a friend who was trying to have a house built and her husband had some medical collections on his CR that he had been paying on and they went to collections even though he was making payments, they wound up being able to get them removed from his CR since he had been paying on them the entire time and apparently if you're making payments before it goes to collections, it cant be reported... they were able to have their house built after those collections were deleted.

Re: QUESTION on a COLLECTION not yet reported

RobertEG — Fri, 21 Jun 2013 18:21:53 GMT

There is no statutory or regulatory prohibition against a debt collector reporting the fact of their having had prior collection authority after their authority is terminated.

OCs only assign auhority to collect, and termination of that authority does not "recall the debt." The debt collector does not own a debt assigned to them for collection.

"Recall" only terminates future collection, it does not negate the fact of having had prior authority, or the ability to report that fact to a CRA, The only stipulation under the FCRA is that any such reporting must show a $0 balance now under their collection.

If they do report after the OC terminates their authority, there is no basis under the FCRA for disputing that reporting.

Re: QUESTION on a COLLECTION not yet reported

Anonymous — Fri, 21 Jun 2013 19:48:13 GMT

@RobertEG wrote:
There is no statutory or regulatory prohibition against a debt collector reporting the fact of their having had prior collection authority after their authority is terminated.
OCs only assign auhority to collect, and termination of that authority does not "recall the debt." The debt collector does not own a debt assigned to them for collection.
"Recall" only terminates future collection, it does not negate the fact of having had prior authority, or the ability to report that fact to a CRA, The only stipulation under the FCRA is that any such reporting must show a $0 balance now under their collection.

If they do report after the OC terminates their authority, there is no basis under the FCRA for disputing that reporting.

Yes there is. If they no longer have collection authority they cannot report. If the account has been returned to the creditor they must delete.

The Credit Bureau Resource Guide says so.