topic Re: What is the difference between "Neg's & Collections"? Plus a look at whats on my R in Rebuilding Your Credit

What is the difference between "Neg's & Collections"? Plus a look at whats on my RP

Anonymous — Tue, 26 Aug 2014 13:51:25 GMT

On my EQ CR it shows

Negatives-1

Collections 7

Wouldn't the collections be negatives? What should I do about the collections? I could pay them today, but want to know if I need to take other staps whilst paying them in order to get them off my report for good. Here is what is what;

Negative

Company/Account Name: CAPITAL ONE Company Address/Phone: PO Box 5253, Carol Stream, IL 601975253
(800) 477-6000 Account Number: XXXXXXXXXXXXXXXX Date Opened: 09/01/06 Last Activity: 09/01/08 Type: Revolving or Option Rate/Status: Pays account as agreed High Credit: $1,134 Terms: N/A Balance: $0 Past Due: $0 Most Recent Date Reported: 08/01/14 Comments on Account: Consumer disputes this account information , Closed or Paid Account/Zero Balance , Settlement accepted on this account , Pd/Closed

Collections;

STELLAR RECOVERY INC Agency Address: 1845 US Highway 93 S
Kalispell, MT 599015721
(800) 954-0226 Date Reported: 12/2012 Date Assigned: 11/2012 Creditor Classification: Retail Creditor Name: COMCAST Account Number: Account Owner: Individual Account. Original Amount Owned: $67 Date of 1 st Delinquency: 10/2012 Balance Date: 12/2012 Balance Owned: $67 Last Payment Date: N/A Status Date: 12/2012 Status: D - Unpaid Comments: Consumer disputes - reinvestigation in progress

FROST ARNET Agency Address: 480 James Robertson Pkwy
Nashville, TN 372191212
(615) 256-7156 Date Reported: 08/2014 Date Assigned: 01/2013 Creditor Classification: Medical/Health Care Creditor Name: ANESTHESIA SPECIALIST HOUSTO Account Number: Account Owner: Individual Account. Original Amount Owned: $110 Date of 1 st Delinquency: 06/2012 Balance Date: 08/2014 Balance Owned: $110 Last Payment Date: N/A Status Date: 08/2014 Status: D - Unpaid Comments: Medical

NCO HEALTHCARE Agency Address: PO Box 15393
Wilmington, DE 198505393
(800) 709-8613 Date Reported: 12/2013 Date Assigned: 10/2013 Creditor Classification: Medical/Health Care Creditor Name: MEMORIAL HERMANN HOSPITAL SYST Account Number: Account Owner: Individual Account. Original Amount Owned: $1,137 Date of 1 st Delinquency: 07/2012 Balance Date: 12/2013 Balance Owned: $1,137 Last Payment Date: N/A Status Date: 12/2013 Status: D - Unpaid Comments: Medical

SPECIALIZED COLLECTION SER Agency Address: PO Box 441508
Houston, TX 772441508
Date Reported: 03/2013 Date Assigned: 11/2012 Creditor Classification: Medical/Health Care Creditor Name: TEXANS ANESTHESIA ASSOCIATES Account Number: Account Owner: Individual Account. Original Amount Owned: $129 Date of 1 st Delinquency: 07/2012 Balance Date: 03/2013 Balance Owned: $129 Last Payment Date: N/A Status Date: 03/2013 Status: D - Unpaid Comments: Medical

SPECIALIZED COLLECTION SER Agency Address: PO Box 441508
Houston, TX 772441508
Date Reported: 03/2013 Date Assigned: 11/2012 Creditor Classification: Medical/Health Care Creditor Name: TEXANS ANESTHESIA ASSOCIATES Account Number: Account Owner: Individual Account. Original Amount Owned: $45 Date of 1 st Delinquency: 07/2012 Balance Date: 03/2013 Balance Owned: $45 Last Payment Date: N/A Status Date: 03/2013 Status: D - Unpaid Comments: Medical

SPECIALIZED COLLECTION SER Agency Address: PO Box 441508
Houston, TX 772441508
Date Reported: 02/2013 Date Assigned: 10/2012 Creditor Classification: Medical/Health Care Creditor Name: HOUSTON PATHOLOGY ASSOCIATES Account Number: Account Owner: Individual Account. Original Amount Owned: $86 Date of 1 st Delinquency: 05/2012 Balance Date: 02/2013 Balance Owned: $86 Last Payment Date: N/A Status Date: 02/2013 Status: D - Unpaid Comments: Medical

CREDITORS COLLECTION BUREA Agency Address: PO Box 63
Kankakee, IL 609010063
Date Reported: 09/2012 Date Assigned: 05/2012 Creditor Classification: Medical/Health Care Creditor Name: NORTHWESTERN ORTHOPAEDIC INSTI Account Number: Account Owner: Individual Account. Original Amount Owned: $126 Date of 1 st Delinquency: 10/2010 Balance Date: 09/2012 Balance Owned: $126 Last Payment Date: N/A Status Date: 09/2012 Status: D - Unpaid Comments: Medical

SOUTHERN CREDIT RECOVERY Agency Address: 3228 6th St # 201
Metairie, LA 700021612
(800) 877-8326 Date Reported: 11/2009 Date Assigned: 09/2009 Creditor Classification: Medical/Health Care Creditor Name: LSU HEALTHCARE NETWORK Account Number: Account Owner: Individual Account. Original Amount Owned: $151 Date of 1 st Delinquency: 04/2009 Balance Date: 11/2009 Balance Owned: $151 Last Payment Date: N/A Status Date: 11/2009 Status: D - Unpaid Comments: Medical

FINANCIAL CONTROL SERVICES Agency Address: 6801 Sanger Ave Ste 195
Waco, TX 767107804
(254) 772-6111 Date Reported: 05/2009 Date Assigned: 02/2009 Creditor Classification: Medical/Health Care Creditor Name: MEDICAL ANESTHESIA ASSOCIATES Account Number: Account Owner: Individual Account. Original Amount Owned: $150 Date of 1 st Delinquency: 05/2008 Balance Date: 05/2009 Balance Owned: $150 Last Payment Date: N/A Status Date: 05/2009 Status: D - Unpaid Comments: Medical

Re: What is the difference between "Neg's & Collections"? Plus a look at whats on my R

kjel — Tue, 26 Aug 2014 14:58:08 GMT

A negative on EQ is an account that has a late payment history, charge-off, repo, foreclosure, etc. The CapOne TL you listed appears to have been settled and likely had a negative payment history.

Collections, while also negative, fall into their own category. It appears that most of yours are medical and for relatively small amounts. I'd start negotiating PFDs for the small amounts or see if the health care provider can recall the account and you can just pay them directly. I've had success with NCO doing a PFD. For medical collections you can also try the HIPAA process, but you will have to search for it as it's not to be discussed here.

Re: What is the difference between "Neg's & Collections"? Plus a look at whats on my R

Anonymous — Tue, 26 Aug 2014 15:07:15 GMT

on the Cap One Charge off. Am I correct in that it should be deleted from my CR on 1/2015?

Company/Account Name: CAPITAL ONE Company Address/Phone: PO Box 30281, Salt Lake City, UT 841300281 Account Number: Date Opened: 02/01/06 Last Activity: 01/01/08 Type: Revolving or Option Rate/Status: Bad Debt; placed for collection; skip High Credit: $1,143 Terms: N/A Balance: $1,825 Past Due: $1,825 Most Recent Date Reported: 08/01/14 Comments on Account: Charge off account , Account closed by credit grantor , Amount in high credit is original charge-off amount

Re: What is the difference between "Neg's & Collections"? Plus a look at whats on my R

kjel — Tue, 26 Aug 2014 15:09:58 GMT

@Anonymous wrote:
on the Cap One Charge off. Am I correct in that it should be deleted from my CR on 1/2015?

Company/Account Name: CAPITAL ONE Company Address/Phone: PO Box 30281, Salt Lake City, UT 841300281 Account Number: Date Opened: 02/01/06 Last Activity: 01/01/08 Type: Revolving or Option Rate/Status: Bad Debt; placed for collection; skip High Credit: $1,143 Terms: N/A Balance: $1,825 Past Due: $1,825 Most Recent Date Reported: 08/01/14 Comments on Account: Charge off account , Account closed by credit grantor , Amount in high credit is original charge-off amount

Yes. You can also request early exclusion within 6 months of it falling off.

Re: What is the difference between "Neg's & Collections"? Plus a look at whats on my R

Anonymous — Tue, 26 Aug 2014 15:11:19 GMT

Is this something I can call them and ask for? I tried to call them but could not get through without a transaction number. How were you successful in contacting them via phone?

Re: What is the difference between "Neg's & Collections"? Plus a look at whats on my R

Anonymous — Tue, 26 Aug 2014 15:13:21 GMT

Also, this is a biggie baddie isn't it? When it falls off, all of my other credit cards are current and on time. Will this significantly raise my score?

Re: What is the difference between "Neg's & Collections"? Plus a look at whats on my R

AlphaKenny — Tue, 26 Aug 2014 16:09:58 GMT

@Anonymous wrote:
Also, this is a biggie baddie isn't it? When it falls off, all of my other credit cards are current and on time. Will this significantly raise my score?

You may or may not see a significant jump in your score after the CO from Cap1 falls off. Like kjel said, work on the med. collections. They are much easier to recall from the collectors to pay the OC...HIPPA

And keep up the good work on your current accounts!

Re: What is the difference between "Neg's & Collections"? Plus a look at whats on my R

Anonymous — Tue, 26 Aug 2014 20:19:32 GMT

OC? And by much easier what do you mean, if I may ask? Some people say call and don't admit that you owe, etc, etc. The balances aren't large. I can pay them, I am just not sure how to go about it. Thanks much!