PFD OC?

[Anonymous]

Could a person PFD the OC? Would it work?

[Anonymous]

sure can. in fact dealing with the oc can keep 1 baddie from multiplying like baddie bunnies as it get sold and re-sold to junk debt buyers.

[haulingthescoreup]

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dnm45227 wrote: multiplying like baddie bunnies

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ROFLMAO

[Anonymous]

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haulingthescoreup wrote:

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dnm45227 wrote: multiplying like baddie bunnies

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ROFLMAO

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thanks, kinda chuckled as i typed it too.

[Anonymous]

to put OCs under the law first dispute with CRAs (wait for investigation) then send the following:

Company

Address

Address

Date

Re: Acct #xxxxxxxxxxxxxx

To Whom It May Concern:

I recently pulled my credit report from Experian, Equifax and TransUnion and noticed this account was listed on each of my reports as a collection I immediately disputed this information with Experian, Equifax and TransUnion and the results of the investigation came back as "verified

Since I have disputed the account with the credit bureaus, and you have verified them, I would like to see what sort of records you have for this alleged account. Under the new FACTA laws, you are required to conduct an investigation on this account, and I am now requesting it.

In order to clear up this matter, I would like to see:

Complete account history, including, all statements, records of all activity, payments, collection attempts, and any charges added for collection activity; In short, any and all documentation pertaining to this account

 If you don't respond with the results of the investigation (as is required per the FCRA), I will assume you have no documentation and therefore you were negligent in providing the credit bureaus with accurate information. At this point, you would also be in violation of the FCRA merely for not responding within the 30-day period.

Please send all correspondence to:

Name

Address

Address

Sincerely,

DO NOT SIGN......JUST TYPE NAME

THEN PFD!!!  If you want to just PFD - sure -how good of an offer can you make?  Has it gone to collection and who owns it?
 

Message Edited by Lady_Scarlet on 11-24-2007 09:35 AM

[Anonymous]

If the OC still actually owns the account, absolutely you can PFD them. That's exactly what I did in my 2 med collections. Bypassed the CA completely.

BUT, if the OC has actually sold the account to a CA, then they are out of the picture, and you must negotiate with the CA.

Hope that helps.

[HA2007]

I need help. Please

I would like to know what would be better for me. I have 2 capital one charge off. I want to know which

would better for me to do pay or settle? I trying to rebuild.

(1) cl was $ 300.00 charge off $ 1219.17 will settle for $ 715.04

(2) cl was $ 700.00 charge off $ 2369.33 will settle for $ 1348.50

I just talked to them this morning.

Thanks for all your great mines.

[Anonymous]

LadyScarlet, will this letter work if the account was never sold to another lender, just charged off as bad debt?

Cap1 is listing a Small Business Card my (closed) company defaulted on (according to them) and because I am the Officer listed on the account they report to the consumer agencies as well.

They wrote back informing me of this and said if *I* have additional documentation that it is NOT my debt or it is wrong, *I* should supply it.

Don't they have to in fact verify the dates/amounts/etc. are valid, and would the OC Letter you included manage that?