@Anonymous wrote:
ok guardian the thing is I moved from Cali in 11/04 i had the car put up to keep ( it was 91 caprice all fixed up on 22' rims) but when I was in VA things got tough and weren't going like I planned so I had a friend sell the car for me to another guy I knew this was in 2/05.in 8/08 I saw the CA pop up on my credit report I disputed the issue but it was validated. I recently had a Kroll credit check because i'm in the process of closing on a house and on the report it said that the debt was validated by my name and social which made me call the CA to find out what the hell was going on they let me know about the car had been towed and never picked up, and that it was still registered to me and they mailed out things to my old address but received no responce. the dude i sold it to is now doing 15-life so im not getting anywhere there so when she offered to delete this for $1000 I considered paying because I need my score to stay good for the house.
I talked to a cousin that worked as a collection agent for a long time who said if they offered$100 they will go lower but it will not be deleted, he said they will deleted the first month but it will show back up is this true?
Ok thanks for the update. Now another question for you, when your friend sold this car for you, did he fill out the title transfer? If so you have a portion of that (the white perforation part) or a copy of the filled out form or they never even did this? If not, then the car is officially yours, they are right that since they sent it to the address on the registration, they have fulfilled their end and you might as well pay the 1k if they agreed to clear it up for your own sake and getting a house. Now, although usually when they delete, its done, "some" will play dirty and have it show up again and that's when you need to have this arrangement in writing, have them send you a letter or fax you something on letterhead so you can make sure if it pops up, you can get it removed through the CRAs. Your friend is pretty much right that even though you can probably get them lower, it also lowers you chance of them being willing to delete it, so its really up to you to find that sweet spot between getting it lowered AND making sure its still going to be deleted. I cannot emphasize enough that you need to get this in writing.
so you know you should 