Arrow Financial Collections- HELP!!!!!

[harleyquinn]

I will try and make this as "simple" as possible.  I had recently been looking over my credit report, and I see "Arrow Financial Collections" on all 3 reports (saying the original creditor is AFS Assignee of GE Money Bank) and I really had no idea who either were.  I have no idea who GE Money Bank is which is who was listed as the original creditor and as I am talking to my mother about it she claims "Oh, I paid them because they were going to sue you" Huh?

They sent a letter to my MOTHER's address where I haven't lived in 10 years saying they were going to sue me. The letter is dated for 10/31/07 and the envelope is postmarked 11/15/07.

My mother wrote out a check and paid them. I don't even know if this debt is valid! I just found out about this....do I have any recourse?

I mean my mother wrote the check not me...is this something I can take to the AG? I just told her the debt may not be mine and she burst into tears. I feel awful.

[Anonymous]

You might need an attorney  BUT  I would send arrow a letter in your moms name.......Stating that she paid $xxxx on an account that was not hers and was meant for another company. I mean with her eyesight & all ( I am a mom & it is what I would use)  I did not know this person & mixed the bill up with my letter that I was sending to you stating this. Instead I mailed the letter to someone else.

I will expect a check for the full amount returned to me. Please do not make me have my attorney get into this. I feel like a bad enough fool as it is.

Thank you,

Mrs DA DA DA

Arrow is a nasty CA      NEVER admit that she knew that it was her son that she thought she was helping.

Message Edited by HappyDays on 01-30-2008 01:01 PM

[harleyquinn]

I'm her daughter actually.....

Thank you for the advise, after really looking into this the best I could I think this debt is valid. It was a "Sleepy's card" I opened and didn't finish paying. GE Money Bank is who Sleepy's gave me the card through, and they sold it to Arrow. This w

What a mess, now I have them both on my report.....Arrow and Sleepy's...totally my fault.

At least my mother feels better and that was super sweet of her. She knows I have a lot on my plate financially and really just was doing it out of love. I wish I had known though so I could have sent a PFD letter, but I guess it is to late now. It's a shame too, according to Transunion this would have dropped off my account at the end of this month because of the SOL.

[Anonymous]

keep in mind that nothing drops from CR  with SOL.....SOL is set by each state......nothing drops from CR  until CRTP  7- 7.5 years for baddies and 10 years from closed goodies.

[harleyquinn]

Happy-

I don't see CRTP on my Guide to Common Abbreviations....what does that mean?

BTW, I am in NY...the SOL is 7 years correct?

[Anonymous]

CRTP  the length of time something stays on your CR

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&thread.id=17466

[harleyquinn]

Thank You.

[Anonymous]

NY is 6 years  SOL

[Anonymous]

I have Arrow after me also. I dv and pfd them, have never heard back from them. On my cr they show update as 1-08, bought 2006. The oc says closed 2004. Can I tell Arrow they have to use the old date. Or what should I do. They make it sound like its a new account, but orginal oc closed 2004

[harleyquinn]

Whatever you do be careful, it is apparent they are very slimy with their tactics. My court date letter was dated 10/11, then notarized on 10/15...but not postmarked until 11/15....how was I suppossed to show up if I had decided to defend myself?