@Anonymous wrote:Sorry to hear about the response they gave you, they folded first time with me. Go with the South Carolina Attorney General as well with same complaint then file same complaint with BBB again. Because they are not a factoring company.
So you did a BBB and AG report twice? Can you PM me more information? I included that (not a factoring company) in my rebuttal to their first response. I haven't heard anything back yet and it has been a week.
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@giants1986 wrote:
@snsforever916 wrote:
"What should I do here? I want to reject their response but I need some help with what I should include in my response. I am of course not disputing the debt just their reporting as a factoring company. Can I get some advice here? Thanks."
Honestly, there is little to nothing you can do. Since you are technically past due 120 days, they are allowed to place that information on your credit report. BLAH!
You are in the same boat as I am. If LVNV feels that you are capable of paying your debts based on your credit report, they become unwilling to delete, change anything and often times will say fradulent stuff to BBB to keep their reporting on your credit report. Frankly since they are unwilling to PFD, charged a huge amount of interest/fees in the last few years on my account, I've decided that they will remain unpaid. In 2014 they will be off my credit report, passed SOL and if another company purchases this debt then I will settle at that point. LVNV will never get a cent from me. They lied to BBB and lied to me. I wouldn't even mind paying them without a PFD, however they are a dishonest company which I will not deal with. If they contact me in the future, I will tell them to blank off!
On a side note, anyone with a bad past with multiple collections, chargeoffs, lates and derrogs often do well by reporting to the BBB. They removed their reporting from my husbands report.
So because the original tradeline is reporting 120+ days late and not charge off they can say they can do this is what your saying? the LVNV line also says 120+ days late and shows as a loan balance in any credit monitoring tool i use.
The original tradeline and collection agency should not be both reporting. If they are, you need to dispute that through your credit reports. Only the collection agency should be reporting a balance. The chargeoff should be stating chargeoff/$0 balance and should not be factoring into any balance.
I have 3 collection agency who are reporting as factoring companies MCM/Midland, LVNV, AFNI. 2 of these accounts are old CC with those reporting as chargeoffs $0 balance, 1 is an old cell company not reporting and out of business. Since Midland and LVNV are playing unfair, lying and come off June July 2014 the will never see a penny. I am also allowing AFNI to just age off May 2014, because they are no longer reporting and paying them serves no benefit.
I have 1 collection agency who is reporting as a collection agency for an old cable bill. They agreed to PFD and I will be paying them this month.
If your chargeoff and collection agency are both reporting balances you need to address that.
