And RE your CLI:
Discover is a SP. request every day if you want. Try at 3 months or 5 or tomorrow (although that’s unlikely to yield an increase) or every day from now until then (they do know how often you ask though). You don’t request an amount, they will either deny or show the max increase amount they will approves. You can then choose to accept any amount up to that.
I don’t believe there’s any way to request a CLI with Merrick. They will double your limit at 6/7 months (or 6/7 payments or whatever the actual language is), but anything after that is at their whim.
Discover is a SP. request every day if you want. Try at 3 months or 5 or tomorrow (although that’s unlikely to yield an increase) or every day from now until then (they do know how often you ask though). You don’t request an amount, they will either deny or show the max increase amount they will approves. You can then choose to accept any amount up to that.
I don’t believe there’s any way to request a CLI with Merrick. They will double your limit at 6/7 months (or 6/7 payments or whatever the actual language is), but anything after that is at their whim.
Just to echo what Love_Cards said, if these are debts you do indeed owe, disputing them because you didn't receive a letter in the mail will not absolve you. It may even have the reverse effect and update validated. Technically, a creditor does not need to send and confirm receipt of notice prior to collection actions...it is up to you as "borrower" to update and maintain proper contact information.
I am 11/24 or higher (not sure if store cards or AU cards older than 24 months count for 5/24) and Cardmatch shows "offers" for most Chase core cards, which I know I am guaranteed to be rejected for.
Thanks for the advice! I have read boards that said to not go through a credit repair company but honestly, I tried the handwriting method but it did not work as I had hoped. I am aware that if it is truly verifiably mine, then I will make every effort to pay to delete as opposed to continue disputing. This is my first time and I trust the credit repair company to guide me through this process so that I never have to go through this again. Lots of great things to come in 2020 and I know that I will come out on top moving forward.
@ultimaterewardsguy357 wrote:Thanks for the advice! I have read boards that said to not go through a credit repair company but honestly, I tried the handwriting method but it did not work as I had hoped. I am aware that if it is truly verifiably mine, then I will make every effort to pay to delete as opposed to continue disputing. This is my first time and I trust the credit repair company to guide me through this process so that I never have to go through this again. Lots of great things to come in 2020 and I know that I will come out on top moving forward.
Godspeed with the credit "repair" agency. There's a reason they are frowned upon.
First -are all of these debts outside the SOL? If they are not; the judgment from getting suied for payment will be worse than a paid/deleted collection account on your credit report. You'll also have to pay in full and court fees. You can be sued whether or not the account is on your credit report.
Also, the credit reporting companies are not obligated in any way to provide you with verification that the debt is yours. They verify with the creditor. They are not going to prove to you that it's your debt. That's not their job; it's not their responsibility. It's your job to prove that it isn't. You're never going to get proof from Experian that the collection is yours. You're going to get notification that Experian verified with the creditor that the account is yours.
A dispute should be filed when you have proof that the reporting is in error. Th3"etc verify your submitted proof with the creditor. They (nor the creditor) will never send you proof of anything. The CRA will simply say the account was verified - because it was. The debt is yours and it's being reported as such. It is up to you to prove that it isn't correct. It is not up to the CRA to prove that it is.
Credit reporting agencies are not masters with administrative things. That doesn't mean they are likely to miss something - that means they are likely to mess something up the more you have them fartsing around in your file. It's a lot easier to just settle with portfolio recovery (and they will delete) than to get Equifax to fix your file so that someone (including yourself) can actually pull it, or to remove a comment indicating an account is in dispute so your mortgage can go through and you can buy the house before someone else does.
Debt validation (with the creditor/collection agency) happens in response to a dunning letter. That is when they (the creditor/collection agency) will send you the proof that the debt is yours. Thats within 30 days of when you're first notified (by the collection agency).
I know you're going to continue with this process-but I would urge you not to. The cost is great.
I do wish you the best.
I may or may not have mentioned this before but I tried my hand at Debt Verification/Validation Letters with the Creditor, not the CRAs. To no avail. The information that I received was not something I recognized and went in the direction I am currently on in hopes of better results in removing inaccurate and unverifiable information due to the reputation of the company. With that said, thank you for your comments and good wishes, I_Love_Cards and Jnbmom!
Thanks for the push to call recon, sjt. I called the reconsideration line and they ran a reconsideration for the CSP. They asked typical questions about income, current lines of credit, past history, etc. At the moment, they could not grant me a line of credit due to two reasons:
1. Too many inquiries
2. Account has a history of collection or charge-offs.
HUCA 2x. The final representative gave me the "we cannot give credit advice" script.
