Portfolio Recovery Associates

[Shogun]

That's way too much to send to them.  And pretty worthless.  guiness has a much better one.

[Shogun]

I'll PM you my contact.

[lllollolll]

Thanks Shogun ...

Geniuess can you PM me a DV template please ?

Just thought of something pertaining to this matter. PRA says they are collecting on a Capital One account (perviously Orchard Bank). The account is mine, not disputing it. They appear to be charging interest as well. If a PFD is agreed on with PRA will Capital One have to delete the matter off my CR as well or will I be stuck with the negative from Capital One no matter what I do with PRA ?

[guiness56]

You are collecting on this alleged debt, account _____.  Please validate per FDCPA 809.

No, Cap 1 will not have to delete, only the CA.  Also, if PRA is not reporting you would modify the PFD to pay for not reporting.

[lllollolll]

Will Cap 1 still have a negative reflect points wise if this is the case ?

[guiness56]

Yes, the account is charged off or a collection.  Paying that will not change that fact and it will always be scored as a charge off or collection.

[lllollolll]

So paying it off to a collection agency (PRA) will only prevent it from being scored against me twice ?

[guiness56]

Yes, if they don't report.  And if the balance is being factored into your utilization, once paid it will never be again.  Is the OC account showing a balance and CL?  If it is, it is factored into your utilization.

[lllollolll]

In this case Cap 1 is the OC

OC

Date opened 4/2012

Ind Account

Rev Account

Credit Card

Date Updated - 4/30/13

Payment Recieved - $0

Last Payment Made - 07/24/12

Original Charge Off - $296

Status >Charged Off<

Terms - Monthly

Date Closed - 03/14/2013

Date Paid - 07/24/2012

The OC is showing a 12 month graph. The graph shows payment info from 05/12 through 09/12, no information from 10-12 through 01-13, then picks back up for 02/13 and 03/13. 04/13 shows the following

Balance - $0

Amount Due - blank

Amount Paid - $0

Past Due - $0

High Balance - $449

Remarks - PAL / TRF  (CBG in 03/13)

Rating - C/O

[guiness56]

It isn't showing a balance or CL so it isn't factored in to your utilization.