topic Re: Validating a collection after HSBC Charge off advise in Rebuilding Your Credit

Validating a collection after HSBC Charge off advise

NY2014 — Wed, 12 Mar 2014 16:10:36 GMT

Hello I need advise . I had a report on on all CRA HSBC in October i disputed to Equifax this to verify this charge off few days later dispute came back the account is mine.and transferred/sold to capital one . I contacted capital one and HSBC because I have a CC with Cap1 they could not find HSBC account. Ok again I disputed the account called again to located account. Again Cap1 had no account and EQ few days back verified I contacted again no one could find account then A collection Calvary Porfolio pop up on my CRA with HSBC different amount different reporting date I disputed that with EQ .xame back Verified validated my account Very Quick dispute Validation so I contacted Calary to find out about this account .i gave them my SS to locate the dept they bought the debt and asked gave an address 4yrs ago in a different state. I told requested a validation the lady 'rude' says it will take 60/90 days to validate because we're I Live New York because of the 3 bourighs What is that and asked me for my correct address which I gave them then I divided to contact Cap1 again to located this charge off after this very nice costumer service rep listened transferred me to recovery department they had the account sold account to this collection agency HSBC and Cap1 reporting on my CRA account charged off 07/11 Calvery Porfolio. Date open 07/11 with amount collect different capital one listed account date open 10/12/2010 HSBC listed Account Open 10/26/2010 charged off way less than the collection . My question is none have correct address until I told them my correct .after I spoke to HSBC I received a letter regarding the dispute and charge off with Calvary but this collection agency wants me to send them my details. To validate myself . Is that right . If anyone can share if they had some situation like this or answers I would appreciate
Sorry for my typos iPhone lol
Also when I contacted the agency I have not received any reply about validation I requested and EQ I contacted and demanded a completed investigation. So I think I'm confused about how to get a DV or Direct Dispute lol
Thanks

Re: Validating a collection after HSBC Charge off advise

Anonymous — Wed, 12 Mar 2014 16:49:56 GMT

A DV must be in writing to the collection agency. Ask for the name and address of the original creditor and an itemization of the debt. There is no time frame they have to reply, if they do at all.

A dispute through the CRAs is entirely different and they have 30 days to investigate.

Re: Validating a collection after HSBC Charge off advise

NY2014 — Wed, 12 Mar 2014 17:54:46 GMT

Thanks for your immediate response I do clearly understand now.and thanks . Now my question is Calvary Portfolio are making excuses regarding Not sending Me a letter the amount OC they .when I spoke to the recovery dept.HSBC when they returned my call to verify I explained to them what The collection told me and the rep asked me who told you it will take 60/90 day to get back the validations from 3 different sources this don't make sense .i the CRA's investigated all and came back validated and now it seems anyone has documents only last date delinquency reported and open account date and three agencies reporting the same account capital one , HSBC and Calvary Portfolio and different amount reporting different date open showing but None can give me any paperwork. Calvary does not even have the HSBC account # only reporting with there #
I am trying to Verify this account because I opened a bank account HSBC but never a credit card. And I had file a indeniity theft regarding 2othrr accounts and inquiries but there's to much confusion with capital one reporting which I'm in very good standings always paid valance everyone and it told 6 months to locate this account and I had to Donny own investigation to find them. And after they want me to verify me send them my DL and proof my address That's a joke right ?
The CRA.s are investigating but honestly they only contacted these debt just to confirmed not asking or requesting any documents to confirm my debt or compare and why there are three collections with the same account that dropped my score 60 66 points and reporting as a late every month I am trying to resolve this fast do to recent purchase new home. Or do I need legal advise
Thanks again
BB

Re: Validating a collection after HSBC Charge off advise

Anonymous — Wed, 12 Mar 2014 18:28:15 GMT

Send Calvary a DV letter: You are reporting account #______. Please validate per FDCPA 809. Include the name and address of the original creditor and an itemization of the debt.

They do not ever have to respond but cannot continue collection activity until they do.

The dates opened for the OC and the CA are going to be different. For the OC it is the date you got your account with them. For the CA it is the date they acquired the debt from the OC. As for different amounts, CAs can include interest and fees if the original agreement with the OC allows it and your state laws also allow it.

The CRAs do not need to ask you for anything. They only ask the creditor to verify. If they say yes, it is yours, then it is verified.

Keep in mind it in no way makes it your account, only that they say it is. If you do not believe it to be yours file a fraud and police report.

Re: Validating a collection after HSBC Charge off advise

NY2014 — Wed, 12 Mar 2014 19:25:56 GMT

Thanks to clarity in short this time for 6 months I've been disputing accounts inquiries and fraudulent my identity has been compromised I filed already a police report for those account opened internet loans I never taken on never needed one have credit stable I disputed a charge with HSBC ago the same time I applied for a Cap1 " ironic " but this HSBC account does not match my account I closed when I had a dispute 3 years ago . And the amount owed it nothing I can write a check and be gone . I'm not going to pay something not mine but this collection agency extremely rude . I was happy to give any information to them but I feel they turned it around and use it against me . I'm very new to credit and theft problems Identity Theft is no fun. Until this day I get bogus calls from collections and approvals. I filed FTC Froze. My accounts. Updated all Ten yes 10 special CRA' and there has been 8 attempts someone applied for a loan with my info my old address and I sent CRA everything and still on my credit I didn't not file Fraud to HSBC because I wanted to make sure and valify this account is not mine. To me it's not mine because i only had a debt card and disputed that and closed the account . Anyways
Just a background my frustrations gong through with CRA CA and learning these problems but I appreciate finding this forum with straight and honest answers thanks for your fast respond I will send them a certified PV anything to stop dealing with this Calvary Portfolio attitude nothing more to say
If the moderator wants to delete this part that's ok they are not polite.

Re: Validating a collection after HSBC Charge off advise

NY2014 — Wed, 12 Mar 2014 19:28:28 GMT

Sorry again my spelling and typos learning to work my iPhone my Grandson says I should get use to and learn internet. Terms
BB