cancel
Showing results for 
Search instead for 
Did you mean: 

OMG HEEELLLPPPPPP

tag
Sitori
Frequent Contributor

OMG HEEELLLPPPPPP

I'm about to have a hear attack. I had a charge off from 2001 from cap1..I had just turned 18. And I had waited 8 years to get that effing thing removed from my report. its only been a year and guess what... A frigging collection agency just called today saying I owe them 2 grand. The total charged was around 200. My father at the time offered them a settlement of 500$ after it rose to 800 bc of fees. They refused. So he said F them. Well little did I know back then that this would haunt me forever. Now it's up at 2000???!

I finally got my scores up in the 700s which have probably taken a hit due to my UTL from Xmas. I am trying to pay them all off.

WTH DO I DO!!????

When the RUDE lady called I said I have no idea what you're talking about and said I had to go. So I didn't validate it correct???

Now they won't stop calling.

What should I do first? Pull a report and see if its back on there? Then try to dispute it?? Or do I talk to these people??? I'm NOT paying 2 grand for something that was originally no more than 250$.

I CAN'T have this affect my credit!!!!!
Please tell me what to do!!!!

-------------------------------------------------------------------------------------------------
EQ 701, TU 685, EX ?
Wallet:
Amazon store $2500(10/12), Cap1 $1500 (10/12), Discover $1700 (11/1/12).
Message 1 of 18
17 REPLIES 17
ktl72455
Valued Contributor

Re: OMG HEEELLLPPPPPP

I dont think they can do anything now but just bug you!! If through the 8yrs they never sued you , and it fell off your credit report, they are bottom feeders. It cant be put back on your credit report, but they can bug you!

What is your SOL for open credit for the state your currently live in?

From MI.
12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)

Myfico 8 scores
6/12/20 TU 803 ~ EQ 814~ Ex 784
My Wallet: Cap1 3,500K ~FH 2950~Credit One 1750~Credit one #2 1250~Orchard Bank 400 ~NFCU nRewards 18,000~NFCU Cash Rewards 18,500 ~Care Credit 12000~Discover 6000~Lowes 5450~ Amex 5400.00 ~ Harvest King 8000 ~ Langley~Penfed~Service CRU~red stone cru~
UTL 17%
Message 2 of 18
guiness56
Epic Contributor

Re: OMG HEEELLLPPPPPP

Message 3 of 18
Mondavi
Regular Contributor

Re: OMG HEEELLLPPPPPP

You can avoid your heart attack. They can not put this on your credit report since it came off after the 7 years +180 days of your DoFD. They are junk debt buyers. Send them a debt validation letter and be done with them.

On a side note just because it has passed the time limit that It can be reported to the CRA's does not stop them from trying to collect. Debt buyers can try to collect on this debt 20+ years from now if they want to try. You will always owe the debt. My aunt had someone try to collect on a debt from 1993 last year. She sent them a debt validation letter and that was the end of them.

Message 4 of 18
Sitori
Frequent Contributor

Re: OMG HEEELLLPPPPPP

oh wow. That's the best news I've heard all day lol.

So basically since its 11 years old they can not report it to the Credit agencies? Or are you saying that they can report it but they wont do anything about it.

I haven't gotten a letter in the mail, only non stop phone calls. So do I wait toget the letter and then send a DV? Or do I request it over the phone when they call again?

And how to I get them to stop calling lol

This is 100% NOT going to be reported or affect my credit in any way????

I don't pay them correct?

Thanks so much!

-------------------------------------------------------------------------------------------------
EQ 701, TU 685, EX ?
Wallet:
Amazon store $2500(10/12), Cap1 $1500 (10/12), Discover $1700 (11/1/12).
Message 5 of 18
guiness56
Epic Contributor

Re: OMG HEEELLLPPPPPP

No, they CANNOT report it.

 

You can pay them if you want, the debt will exist forever. 

Message 6 of 18
changeisvital
Valued Member

Re: OMG HEEELLLPPPPPP

This happened to me as well. I settled the CO account and another collection agency started calling me about it. I ignored it and its says on CR that the account is settled.

Starting Score: 495 (12/2012)
Current Score: 520 (01-06-2013)
Goal Score: 680


Take the FICO Fitness Challenge

Message 7 of 18
ktl72455
Valued Contributor

Re: OMG HEEELLLPPPPPP

Now is a good time to tell them since they cant sue you and it cant be put on the credit report ever again, you will give them a % of balance to settle the debt and be done.

All they are doing now is chasing $$$ and hoping to scare you into full payment.

Other than annoy you, theres nothing they can do.

From MI.
12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)

Myfico 8 scores
6/12/20 TU 803 ~ EQ 814~ Ex 784
My Wallet: Cap1 3,500K ~FH 2950~Credit One 1750~Credit one #2 1250~Orchard Bank 400 ~NFCU nRewards 18,000~NFCU Cash Rewards 18,500 ~Care Credit 12000~Discover 6000~Lowes 5450~ Amex 5400.00 ~ Harvest King 8000 ~ Langley~Penfed~Service CRU~red stone cru~
UTL 17%
Message 8 of 18
Sitori
Frequent Contributor

Re: OMG HEEELLLPPPPPP

I think the SOL in FL is 7 years. not sure tho

-------------------------------------------------------------------------------------------------
EQ 701, TU 685, EX ?
Wallet:
Amazon store $2500(10/12), Cap1 $1500 (10/12), Discover $1700 (11/1/12).
Message 9 of 18
Sitori
Frequent Contributor

Re: OMG HEEELLLPPPPPP

Well I never settled with them. I think it was a charge off which is why I assumed they could still do somethig about it. But after the 8 years I noticed it was finally off my CR. the last thing I want is to see it back on there

-------------------------------------------------------------------------------------------------
EQ 701, TU 685, EX ?
Wallet:
Amazon store $2500(10/12), Cap1 $1500 (10/12), Discover $1700 (11/1/12).
Message 10 of 18
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.