TU ..Cap 1 reappears after dropping???

[Anonymous]

i have two Cap1 baddies that are chargeoff/ closed account that are still reporting a high balance and are killing my UTL. 

the DOFD are all different on all three CRA's for both acccounts...

Finally one dropped off my TU report in february.  this same account is due to drop EX  07/08 and EQ 06/08.

Now the one that dropped from my TU report in feb.  reappeared and is back on my report.???:smileymad:  just when i thought and waited for this pesky account to go away it returns to haunt me again!

how do I determine when the DOFD was if they are all reporting different?

what is the best way to dispute this?

FYI: i am kinda reluctant to dispute or even inquire, cuz eveytime i do CAP 1 hits me with a bunch of lates and kills my score even more!

oOHHH..... the INHUMANITY OF IT ALL

[Junejer]

They can't re-insert without informing you that they were. I would send a reinsertion letter to the CRAs as well as Cap1. It would behoove TU to take it off and keep it off.

[Anonymous]

thanks Birdman,

what would a resertion letter look like?

is there some violations involved with FCRA?

thanks

[Anonymous]

Letter to sent to the CRA      

Name of account, account number XXXXXXXXXXXXXXXX. This item has not been reported properly. After looking at past and present credit reports it has come to my attention that you have allowed this item to be reinserted into my credit file after it had been deleted. Based on the credit report dates the period during which this reinsertion took place was between XX/XX/XX and XX/XX/XX.

Pursuant to the FCRA, I'd like to be provided with copies of the certification required for reinsertion for this account.

Under the FCRA Section 611(a)(5)((ii) ". . . . reinserted in the file, the consumer reporting agency shall notify the consumer of the reinsertion in writing not later than
5 business days after the reinsertion or, if authorized by the consumer for that purpose, by any other means available to the agency.
(iii) Additional information. As part of, or in addition to, the notice under clause (ii), a consumer reporting agency shall provide to a consumer in writing not later than 5 business days after the date of the reinsertion
(I) a statement that the disputed information has been reinserted;
(II) the business name and address of any furnisher of information contacted and the telephone number of such furnisher, if reasonably available, or of any furnisher of information that contacted the consumer reporting agency, in connection with the reinsertion of such information; . . . ."

I was not so notified. I am disputing this item. I will allow you 15 days to furnish this information, however if you do not provide the information requested, you must delete this account as required by the FCRA. Please send me a copy of my updated credit report after you have completed this request.

Thank You,

NOW....because you know that this is to drop this year....in order to get the correct DOFD....you can dispute with the CRAs  the OC......when it comes back verified....then you can cend the OC  the OC letter.......in it it ask for complete account history...which you will be able to see the last payment.

[Anonymous]

thanks  happydays

should i include a copy of TU CR showing the date BEFORE the reinsertion?

[Anonymous]

Yes !  and send it fax or CMRRR

[Anonymous]

ughhh....

i so NOT want to do this!  these pesky Cap1 accts give me  soooo much grief!

i know i will be hit with a buncha LATES if I dispute, but I quess if they are all coming off the CR's this year anyway...i guess

thanks

[Anonymous]

Cap1 is awful to deal with....but I onlt say this because they will drop this year.......They might get sick of it & just delete (wishful thinking but what the hay)

[Anonymous]

Yup,

they are the MOST difficult!

last year I offered to settle the accounts and they wouldnt budge!

they rather hit me every few months with a buncha LATES than take the money...Dorks

[Anonymous]

WOW. My accounts were deleted by mistake and the CRA's blocked my lender from putting them back. Months, I am still fighting with Eq and TU to let this information go back on. With all the grief they are giving me about policy and how they can't allow accounts back on, it's interesting to see Cap1 reappear on your report. I believe they have to change the account numbers to put it back on, ie, like adding an extra 0 before the account number or something. This is surprising. I know they can put back collections, but not accounts from what they are telling me. I guess they pick and choose and make policy what ever they need it to be at that time. What's the point of calling it policy? Sorry to hear, I think you are on the right track.

Message Edited by ilovepizza on 03-17-2008 03:04 PM