Collection Account Deletion

[Anonymous]

Then why try for deletion?

[Barry]

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annah618 wrote:

That may be, but to me disputing would be dishonest, since I did actually owe the debt. I'd rather stay on the legit side, for my conscience.

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Well said, annah618!

Noah_Bodie please take note....

[Anonymous]

Then why try for deletion?

As I understand it, deletion is a totally different bird. It's an agreement between you and the CA that they won't report anymore. That's totally different than trying to claim you never owed in the first place.

[Anonymous]

Thanks Barry! Say, how do you quote the previous message like that?

[Anonymous]

I never said it was and what is with the hostility. Everyone here is only trying to solve their credit issues. Isn't this what the forum is about. Besides, you are inferring that I am dishonest because I negotiated a deletion. You are extremely wrong. Like I said, I PAID ALL MY ACCOUNT IN FULL - MANY PRIOR TO DELETION - I HABE NOT AVOIDED PAYING ANYTHING. I HAD SURGERIES WHICH RESULTED IN THE COLLECTIONS IN THE FIRST PLACE. THE CREDITORS AFTER LOOKING AT MY HOSPITAL RECORDS AGREED TO HELP. What happened for commom deceny and congeniality.

[Anonymous]

I wasn't being hostile, I was responding to your question: "Then why try for deletion" by pointing out that deletion and dispute is not the same thing.

I did not say that YOU were dishonest, I said I would feel dishonest disputing a debt that actually did belong to me. There is no need to get defensive, just relax a bit.

[Anonymous]

Since your debt is scheduled to fall off in six months the best thing to do is probably to let sleeping dogs lie and have it fall off. Besides, at this point the collection is not hurting your score that much anyways. Good luck.

[Anonymous]

That's what I thought also. It's kind of a rub to let it stay there when it might not belong to you though, innit? Once it falls off it doesn't affect your score at all, right? FICO doesn't "remember" that it was there before, does it?

[MidnightVoice]

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annah618 wrote:

Once it falls off it doesn't affect your score at all, right? FICO doesn't "remember" that it was there before, does it?

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In theory that is correct.  But I would trust EX as far as I can throw an elephant, which has a wonderful memory

[Tuscani]

Is it ethical for someone to report 1 or 2 late payments for 7 years? Sure, it's legal, but is it ethical for them to continue to hamper your efforts to improve your life and learn from past mistakes? Only you can decide...no one else.

CRAs have to be able to verify it by the original records to report it and if they can't, then they can't report it. Disputing is the avenue afforded us to request verification. You are simply asking them to check their records to confirm.

IMO, It doesn't matter one bit what we know or don't know. We aren't reporting anything. The law is clear that if the CRA is to report an account, they must be able to verify it with the furnisher (among other things). If the account, lates, etc cannot be verified- off it goes. There is no section of the FCRA that states that a consumer's personal knowledge of an account has any bearing on it's reporting or the CRA's requirement to verify. Doesn't matter.

There is no ethical dilemma about disputing accounts that you personally know are reporting correctly. What you know/don't know isn't relevant. (Try to have a non-reporting positive account put ON your reports for an idea of how little what you know matters). All you are doing is demanding the CRA prove that they can verify what they are reporting (no more, no less).

Making false statements is another matter, saying "I was never late" when you in fact were isn't appropriate nor is it necessary. Instead of claiming you were never late, insist the CRA prove that the lates that they report are accurate. "Please provide evidence that this information is accurate and belongs on my report" accomplishes the same thing as "I was never late" without making any statements on your part.