I have two collection account LVNV and Portfolio Recovery. After many attempt Portfolio refused to PFD but agreed to settle for 60% (still makes no sense to me). My question is on my EQ report Portfolio is NOT listed in the collection section but listed as "other" and showing as 120+ days late. Once it is showing as paid 'Cananot remember what the letter states is will be listed as" do you think I will get a score increase? I believe they ar eusing the amount owed listed as part of my utilization.
Once this is shown I will begin my campaign of "GW' towards this annoying CA and then begin my crusade against one of the worst of the worst LVNV.
Starting Score: EX:603
bump
@JoeBJay20 wrote:
That in itself is a gross violation, CAs cannot report lates, only paid or unpaid. If the amount owed is being counted towards your utilization then you should probably get some sort of a score bump for paying it, but I would suggest pursuing civil action against the CA for illegally listing lates.
thank you so much for your response. As soon as i see the change on my reports to show that I paid them, I will make sure to take that next step.