topic Re: New to Credit Rebuilding need some advice! in Rebuilding Your Credit

New to Credit Rebuilding need some advice!

Anonymous — Sun, 12 Aug 2018 21:01:42 GMT

I would first like to say thank you for taking the time out to read my story. I would appreciate all the help I can get.

I have been reading various forums for a while now. I have sent off my first round of dispute letters to the CRA to verify the debt. I have also sent out letters to the Collection Agencies to validate the debt. I will continue to do all of my rounds to see what results I get that way. I just need to know if anyone has had success with the companies I will list below in terms of PFD. I split with my childs mother a couple years back and it was a major setback in my life..

1. Can Original and Collection agencies both be on my credit report at the same time for the same account?

2. First Premier is reporting as "CLOSED" but that account hasnt went into Collections.. However they are still reporting late payments every month. How do I go about fixing this?

3. Even if the account is in Collections with the ORIGINAL CREDIT still reporting can I try to PFD with them and have both removed?

4. Do people have a higher success rate getting stuff deleted either by DISPUTING or PFD if the amounts or so small?

Here is whats working against me

LVNV FUNDING

ACCT 1 - $1018.00 (CAP 1)

ACCT 2 - $608.00 (CAP 1)

The Bureaus

ACCT - $517.00 (CAP 1)

Portfolio Recovery

ACCT - $385.00 (walmart/sync)

** ALL OF THESE ACCOUNTS WENT LATE IN JULY 2016, I HAVE NOT MADE ANY PAMENTS OR ARRANGEMENTS WITH COLLECTORS.

On the plus side and I honestly have no idea how but Wells-Fargo pre-qualified me for a secured card. I applied and got approved. So this will be my first start and building some good credit history again..

Thanks for all the help.

Re: New to Credit Rebuilding need some advice!

dynamicvb — Sun, 12 Aug 2018 23:28:11 GMT

Are the closed accounts reporting a zero balance? It’s always best to try and deal with the original creditor because I’d they take it back and you settle with them then the collection agency no longer has any right to report so they must remove it. The lates are going to be there regardless until they age off, just because an account is closed does not remove the lates. You can try good will letters to get them removed but it’s up to the creditor whether they do it or not.

Good luck and keep reading around here and you will be able to make progress.

Re: New to Credit Rebuilding need some advice!

Anonymous — Sun, 12 Aug 2018 23:55:08 GMT

First Premier says

Status - Account Charged off. $879 written off.

Balance - $879.00

LVNV says the balances for both.

Walmart says 0.00 Balance but $385 written off.. This is one that is double reporting.. Also on some of my credit reports others are double reporting and some they are not.. Like I said thought I sent out my first round of letters so I will see what kind of success I have with that.

Thanks for the reply.