topic Re: COLLECTIONS POP UP AFTER REBUILDING? in Rebuilding Your Credit

COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 13:50:23 GMT

AFTER FICO SCORE GOES UP ...OLD COLLECTIONS ARE STARTING TO REPORT WHY?

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 13:59:55 GMT

they notice you're paying your debts, so now they want theirs.

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 14:01:37 GMT

but how would the know that ? do they look at your reports some kind of way?

Re: COLLECTIONS POP UP AFTER REBUILDING?

gdale6 — Mon, 06 Jul 2015 14:07:48 GMT

@Anonymous wrote:
but how would the know that ? do they look at your reports some kind of way?

In each year model of Fico is a collection score model. This is how they are notified. They give info to the CRAs that say when XXX occurs notify us and hence you are stopped in your rebuild by them reporting. Its a way to force you to deal with them and satisfy your previous debts.

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 14:14:49 GMT

is their any way to stop fico from doing this ? as soon as they reported ..they reported them as newly open accounts so i sent out debt validation letters ....i know one of the collection agencies must recived the letter becuse the recently updated the account as closed.....even tho i have not received the signed reciepts back

Re: COLLECTIONS POP UP AFTER REBUILDING?

Rebuilding69 — Mon, 06 Jul 2015 14:14:31 GMT

You could pay the debt, lol

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 14:52:10 GMT

How old are they?

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 15:15:30 GMT

one is about 5 years old but the re aged it ...to seem new ..and its a medical collection .....the other ones are about two years old 2013 jan ..collections ....one is for 2100 dollers

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 15:22:23 GMT

They can pull your reports. Collecting on a debt is a permissible purpose so you can't stop it. They can keep updating it as a means to force your hand until resolved.

They come out of the woodwork.

Re: COLLECTIONS POP UP AFTER REBUILDING?

RobertEG — Mon, 06 Jul 2015 15:23:07 GMT

FCRA 604 provides permissible purpose for debt collectors to pull consumer credit reports.

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 15:37:16 GMT

I would do a pfd.

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 21:03:49 GMT

I just cheaked the mail and received all the signed receipts ....today ......but i know one is out of the statue of limitations and i rufuse to do a pay for delete

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 21:38:47 GMT

If it's out of sol how is it still on your report?

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 21:44:55 GMT

@Anonymous wrote:
If it's out of sol how is it still on your report?

SOL is not relevant to reporting. Reporting is controlled by FCRA, 7.5 years maximum from DoFD. SOL varies by state and determines how long a creditor has to file suit in court.

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 21:47:30 GMT

Oh.

Re: COLLECTIONS POP UP AFTER REBUILDING?

Anonymous — Mon, 06 Jul 2015 22:19:50 GMT

@Anonymous wrote:
I just cheaked the mail and received all the signed receipts ....today ......but i know one is out of the statue of limitations and i rufuse to do a pay for delete

Usually its the creditor that says that.....