Need help with Debt Validation...

[Jayroc80]

I have an old Discover Card account that shows up only my Transunion and Experian report.  I have not received any information from Discover since 2001 and I have not received any information from a collection agency regarding this account at all.  However someone is updating this account because it should fall off this year, but Experian has it falling off in 2/2010.  How do I go about finding out the CA who has this debt if the CA's name/information is not showing up in my credit report at all. Its not showing up in collections or public records. 

Experian Report

DISCOVER FIN SVCS LLC

Address:

PO BOX 15316

WILMINGTON, DE 19850

(800) 347-2683

Account Number:

XXXXXXXXXXXXXXX

Address Identification Number:

00XXXXXXX

Status:  Account charged off/Past due 180 days. $X,XXX written off.

Status Details:  This account is scheduled to continue on record until Feb 2010.

Date Opened:

04/1999

Type:

Revolving

Reported Since:

01/2000

Terms:

NA

Date of Status:

11/2003

Monthly Payment:

$0

Last Reported:

02/2005

Responsibility:

Individual

Credit Limit/Original Amount:

$XXXX

High Balance:

$XXXX

Recent Balance:

$0 as of 02/2005

Recent Payment:

NA

Your statement:

Account closed at consumer`s request.

Creditor's statement:  Purchased by another lender.

 Account History:

Charge Off as of Nov 2003 to Feb 2005

180 days as of Oct 2003

150 days as of Sep 2003

120 days as of Aug 2003

90 days as of Jul 2003

60 days as of Jun 2003, Sep 2001

30 days as of May 2003, Apr 2002, Aug 2001

Transunion Report

More about DISCOVER FIN Close window 

Remarks: 

 [TransUnion] Charged off as bad debt

Account closed by consumer   

 TransUnion

 Past Due:  $0       

 High Balance:  $XXXX      

 Terms:        

 Limit:  $XXXX 

 Payment:          

 Opened:  04/05/1999    

 Reported:  02/25/2005    

 Responsibility:  Individual    

  Late Payments (last 7 years): 

  TransUnion Experian Equifax

30  days late:      

 60 days late:      

 90  days late:      

[Jayroc80]

Saw my topic slipping away...any help is appreciated.

[Anonymous]

You need to contact the OC and see if they have the account....is this paid or unpaid????..I see a $0 balance

Don't understand what you asking..you can not DV the OC...all you can do is send GW for removal...is the OC and CA reporting...or just Discover...

[Jayroc80]

Thanks for respodning and sorry for the confusing, it all made sense in my head lol.

According to my TU and EX reports Discover Card sold this account.  So I'm guessing the CA is reporting this account, but I have no way of telling who the CA is, I dont have any CA's listed on my credit report related to this Discover Card debt.  This is an unpaid account, that Discover sold off, but I was never contacted by a CA telling me they have taken over my debt and where to send payments to.  The DOLA is 2001, and the SOL is 7 years. So this should fall off in 2008, however EX is stating that it is to fall off in 2010 which leads me to believe the CA is updating this account.

My main question is how do I find out the CA and after I do that what would be the next best actions to take.

[Anonymous]

Well....who is reporting this...contact the OC...and find out who they sold it to...

[Jayroc80]

LOL that's what I would like to know. Who's reporting this???

I was a little nervous about contacting Discover. Could they update my account informaton to CRAs if I contact them?

[Anonymous]

Whoever is on your report is reporting it...this listing has an address on it...is this the OC or the CA...did discover tell you it was assigned to a CA...it has a $0 balance..is it paid or unpaid..and what are you trying to do with it..get it deleted...

[Anonymous]

I am pretty sure they cannot update if you call, but I could be wrong.

I have called Citibank once, since I had 2 collections contacting me at the same time. I had no idea who I owed the money to. They told me who the account had been sold to.

[Jayroc80]

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slyhouse08 wrote:
Whoever is on your report is reporting it...this listing has an address on it...is this the OC or the CA...did discover tell you it was assigned to a CA...it has a $0 balance..is it paid or unpaid..and what are you trying to do with it..get it deleted...

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The address listed above is Discover's address. Why would Discover still be reporting the account if it was sold to another lender? The balance is $0.00 because it was charged off and sold off to another lender. However the CA who purchased my debt have not contacted me and are not listed any where on my credit report. I would definitely like to get it deleted because I will be going through the process of purchasing a home very soon and I need to get as much negative information removed from my CR as possible.  Is it possible for Discover to report an account they charged off and sold? Also the SOL is 7 yrs and DOLA is 2001, but EX is saying this should fall off in 2010, this account should not still be reported based on that information alone...I think lol.

Sushi wrote:
I am pretty sure they cannot update if you call, but I could be wrong.

I have called Citibank once, since I had 2 collections contacting me at the same time. I had no idea who I owed the money to. They told me who the account had been sold to.

I will definitely call Discover tonight then, I just didn't want to risk getting this thing updated and have to start a fresh 7 years.

[Anonymous]

The OC and the CA can report at the same time..the OC balance just has to be $0...this account will be reported..until 7-7.5 years from DOFD..DOLA....