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Everything posted by Ahntara

  1. CRA's don't know, care about or follow individual state SOL for RP. They universally follow the FCRA and apply its time limits across the board. So, while technically a judgment may appear on your CR for the entire time it's valid; this is highly unlikely. For clarity it's best to refer to the FCRA and quote those time limits only. All that's MHO.
  2. "...current address isn't...on my driver's license..." Then, of course, they are going to need additional proof of your actual current address. Unless you want this run-around, make sure your DL has your correct address PRIOR to disputing.
  3. "...They were both on the lease..." Technically, it is her debt. You could try to settle with the complex in exchange for them withdrawing the account from collections. If they refuse, or can't - you may wish to include a Non-Disclosure Agreement in your settlement; then follow up if they don't comply. Research before you make any decisions.
  4. I had a similar issue years ago with EX. TU is typically not that hard to 'crack', but problems are problems. I solved it using Rapid ReScore. RR is a service offered by SOME credit reports vendors to their Mortgage Broker clients. It's expensive, demands documentation and must be ordered by a broker. You may be able to call around your area and find someone willing to order the service for you. Be aware, they may not know if their vendor offers this service (ask them if they know or would be willing to find out). Other than RR, you may have to sue TU to get the PR removed. Even the (serious) threat of a lawsuit may be enough to get your file into 'special handling'. That, along with the documentation you have (including proof of your efforts to correct this - read 'willful noncompliance') may get you there without bringing someone else into the picture. Before you do anything, I'd suggest you research both those options. Good luck!
  5. JMO, I'd change "...I can assure you I am taking care of this..." to "...I anticipate this will be resolved upon completion...". Your verbage may indicate a willingness to pay. That may, or may not, be your intention; but I wouldn't tell them that. BTW, you can often prevent issues like this by refusing credit pulls up-front. Tell the manager that you know you have bad credit, (but have excellent rental history) and if that is what their decision is based on - to save you the inquiry and save themselves the expense. You may need to have additional deposit money to offset their (perceived) additional risk. This strategy worked for me for years. If someone refuses, go elsewhere to rent. I wish you luck!
  6. Adding to mom's post: DOFD isn't listed on most CR formats. The exception is Equifax. For the other big 2, contact them and ask what month/year they have been provided as the beginning of Reporting Period. They have it (per the FCRA 1681s-2, Subsection 623). RP is listed in the FCRA at 1681c, Subsection 605.
  7. Ahntara

    Medical Crap

    This post answered my question in the other post.... Anyway. Search 'HIPPA', Whychat, & medical collections for other posts about this. You'll want to read a LOT before you do anything. There are a couple of different tactics for medical that have worked well. Continue to avoid the calls for the meantime and focus on gathering info.
  8. "...IRT..." Depends on where/what else you're dealing with AND your goals & timeframe. Is there a particular reason you need to resolve this now (and at such great expense)?
  9. "...a judgment can stay on your credit report for 20 years..." Misleading statement. You may wish to link to the FCRA so that consumers can read about RP themselves. You also didn't mention the typical response to a PFD offer (that it's illegal), the truth about that statement and what to do to mitigate that response. To me, that makes your article incomplete. The truth is there are many internal business considerations for any company deciding to accept or reject a PFD offer. For major, national, creditors PFD is to be avoided. They value their contractual relationship with the CRA's far more than any consumer''s settlement on a defaulted debt. You may also wish to work on the second paragraph...
  10. Reference them with the info that you DO have. The numbers you quoted are CRA codes for that particular Data Furnisher. The CRA will know exactly who you are referring to. And while you' re referencing them. you can ask what inquire about their actual name & contact info.
  11. "...pull credit reports..." First of all, WHERE did you get the report?
  12. duuuuh...guess I shouldn't answer questions right after I've woken up. Sorry about that...
  13. Ahntara

    Up date

    I, also, added an installment loan TL to my CR for a score boost. My target is to pay for 13 mos. Payment #12 is due March 1st. Have no idea if that will work to my best advantage or not, but that's my story...
  14. "...refuse to accept the documents of proof..." The law doesn't provide any wiggle room. Unfortunately, it's up to you to enforce your rights. See my previous post above. Re-send the docs with that portion of the FCRA highlighted. Insist on their compliance. It's the only thing to do. Good luck!
  15. Disco can report if they choose to, since you PG'd. The tax ID# has no bearing on the reporting. Your impression relates to the typical. It's been unusual, in the past, for PD'd business accounts to display on personal CR's. But times are changing, rapidly. There is no legal prohibition against reporting. We may soon see lots of new stuff on CR's we haven't seen in the past. Is there a specific reason why this is an issue for you?
  16. "...I get a copy of my report and score from the manager..." I'm wondering if your scenario is why car dealers are contractually bound not to release copies of CR's. I've never found one who would provide a copy to a consumer. "...HUGE difference between..." Car dealers use their own skewed version of the major scoring programs. It's industry standard, commonplace and well-known. Mortgage lenders have their own version(s), so do CC issuers. None of these are available to (or are for) the consumer. FICO began as a service to lenders. Only after various consumer advocates & federations insisted did a consumer-oriented version of scoring programs become available. "...not supply an accurate score..." All the scores are probably accurate, even when they're different. They are calculations based on data in your CR, with accountable variations skewed to specific risk criteria. If there was an actual 'error', a consumer probably wouldn't know it.
  17. Read the Credit Repair Organizations Act and then demand a full refund until all the 'work' is finished.
  18. "...drop credit scores..." That depends on when the TL was last updated. It's the update, a recent 'date last reported' which may trigger a drop in score. FICO-based programs mistakenly use this date to gauge the 'age' of the account. So, if the TL has been getting updated all along, or if the consumer has disputed recently, you won't see much difference after PIF. All things considered, the consumer may be better off trying to get the 2 points some other way. I wish him luck!
  19. zooyork: You're asking specific questions about rental law, which is unique to your state and possibly to your city or county. Have you looked into the relevant, local, laws? You may wish to start there. I can tell you that in my area, Landlords are required to include the calculations with any billing sent to tenants/former tenants. Not only is this required when it becomes a collection matter, but is also required within 30 days if any of the security deposit is not returned. But your local laws may be different. Check there first.
  20. jandlynn: The drop in your score is not punitive. It doesn't signify that you've done anything wrong. Credit scoring programs are all about assessing your risk as a potential borrower. As swirlgirl said, inquiries indicate new accounts, that you are shopping around. That's risky for lenders - the scoring programs reflect that in a lower 'magic' number. New accounts don't show a pattern of usage, yet. They have 'no data'. The only way scoring programs view 'no data' is 'risk' - scoring programs reflect that also, in lower numbers. As these accounts age, and show your pattern (hopefully of on-time-payments), your score will rebound and rise to reflect the new, positive history. BTW, FICO-based programs view any accounts under 60 mos. old as 'new'. For the first 4 - 6 mos, your score gets 'hit' rather hard. This eases up and you will see increases in your score at 6, 12, 18, 24, 36, etc. mos. "...I was told this would sky-rocket my credit scores..." Your experience should enlighten you about the source of that info. The FICO website has some great, general, info about scoring programs and their criteria. A few of the well-known aspects of scoring are tips to limit inquiries, avoid closing long-standing accounts, limit usage of revolving accounts and have a mix of account types. You may also find the admonition to limit revolving account to between 2 - 4. Numerous accounts may allow a consumer to go into excessive debt. This is risky - your score will reflect this as lower numbers. From your post, it sounds typical and commonplace. "...I have the income..." Credit scores are calculated based on the data appearing in your credit report, nothing else. Thus, your income is never at issue. Credit reports offer a limited view of your financial situation. Before you do anything else, you may wish to spend some time educating yourself. There are, indeed, ways to raise your score. Most of them are totally in your control. It's time well-spent.
  21. "...hope to apply for an FHA mortgage..." Have you spoken with your mortgage broker/banker about this yet? If not, that's the first step. If the account must be paid for you to get the loan, this can be arranged at closing. In the meantime, stop disputing and allow the TL to age. That will mitigate the damage to your score.
  22. Is the SL in default or just showing a few, older, late payments? If the latter is your case, I'd suggest you dispute the lates, just to see if they will fall. They may get suppressed at 7 years...
  23. Perhaps. The Higher Education Act supercedes the FCRA on Reporting Period time limits. (See the footnote at 1681c, Subsection 605) But most CRA reps barely know the FCRA, may not know the HEA and certainly don't pay any attention to state law. It's always worth a dispute to see if they may get suppressed. Just remember that the loans still exist, even when they no longer appear on your CR and may cause problems in other areas of your life.
  24. "...pay somethings off...raising my credit score..." I'd recommend you spend some time educating yourself before you take action. The two things quoted above are not compatible. Be aware that paying, disputing, sending investigation requests or anything else that causes an update of a derogatory TL may cause a drop in your score. Before you tackle credit repair, you may wish to read up on FICO-based scoring programs. "...open credit cards..." I'm assuming this refers to positive, on-going, accounts. If so, then research 'Utilization' for tips on how to use this to maximize your score. Do you have a specific reason for needing a higher score soon? Are you a property owner? You'll want to tackle the judgment first. Since it's only 6 mos. old, there may be time to get it Vacated in exchange for PIF.
  25. You may wish to educate yourself further before taking any action. Medical bills are viewed differently by many segments of the financial industry. You can start right here. Use the search function to find tons about medical collections and tactics. Some keywords include: HIPPA, Whychat, NDA (Non-Disclosure Agreement) and withdraw (as in getting the medical service provider to withdraw/recall the account from their CA). FYI: The mortgage industry has their own view of medical collections as well. Many mortgage lenders disregard them. While these accounts impact your score, and thus the interest rate you'll pay, many lenders don't require their payment prior to granting a loan. You'll want to actually speak with a broker or banker prior to taking ANY action, since lenders preferences/requirements are changing weekly in this violatile market. If the program/loan you qualify for requires their payment, this can be arranged for closing. That avoids any further damage to your score due to an update.