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About hipsociety

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  1. What part of this quote didn't you understand? "While FICO is still the most widely used scoring model, the VantageScore is gaining ground. It's currently used by seven of the top 10 financial institutions, six of the top 10 credit card issuers and four of the leading auto lenders and mortgage lenders, according to its website." Seems to me MANY reputable lenders are using VantageScore!
  2. Honestly, one is as good as the other; however, neither "proves" what was received be the recipient. I recently lost a small claims case where I sent the creditor a cease and desist letter via certified mail. It was signed for, but the company continued to call my home. I field a lawsuit, went to court, and when I told the Judge I sent the defendant a C & D letter, and that I had proof that the letter was received, the defendant asked for a copy of the letter (which I already provided during discovery). I gave him a copy, and he said "I never received this letter". I asked the defendant "
  3. You're not "lucky", your on top of your game! If an OC accepts payment, and the payment was made out in the name of the OC, the CA has no claim, and cannot continue to report, nor can they list "paid collection" on your report because you paid the OC, and not them.
  4. I almost forgot to tell you guys the "cherry on top" technique I use when sending a company a check with NDA statement. I send the checks "post-dated". I date them for 3 weeks in the future, and if the CA cashes the check before the date on the check, they just violated: FDCPA Section 808(2) . prohibits accepting a check postdated by more than five days unless timely written notice is given to the consumer prior to deposit. "Accepting a check" is open to interpretation, because once they sign for the certified mail, they have "accepted" the post-dated check. However, Section 808(4) prohibits
  5. I cover that issue in the NDA letter. Basically, I include a statement similar to the following: It is understood and agreed that depositing the enclosed check is the only acceptable means of proving that the debt was paid by debtor, and that any attempt to receive payment of the debt by EFT constitutes a breach of this agreement. I had one company call me saying that the only way they can get paid is by EFT. I told them that wasn't my problem, and that I need the canceled check because it provides an endorsement or company stamp on the back which proves the company representative viewed the b
  6. How do you get the print on the check? Do you use a printer? -------------------------- I load the check horizontally, and use the smallest font possible without having to use a magnifying glass to read it. My statement can be read with the naked eye; whether companies choose to read it or not is not my problem!
  7. What is the whole point of this? To get them on violations or to get things deleted from the CRAs? I understand the concept but my thought are along the lines of: will this hold up in court and what actions do/will you take after they violate? -------------------------------- The whole point is to get the trade line removed from my credit report. The only violation I want to get them on is violation of the non-disclosure agreement. The NDA clearly states that any party violating the NDA will be liable to the other in the amount of 1000.00. I never had to go to court on any of the violations;
  8. I sent 5 letters in the past 6 months. One check was returned, 4 checks were cashed and balance updates made to my credit report. After receiving the canceled checks from my bank, I sent a copy of the front/back of the check, along with a copy or the notarized letter and signed green card to the CA. Three companies removed the trade line, one company refused to accept my certified letter. Once I learned the letter was not accepted, I went to my local courthouse, and filed suit. A week after the Sheriff verified service, I received a settlement offer from the company. In it, they said they woul
  9. On the back of my personal checks I fine-print the statement "cashing this check constitutes payment in full and in doing so, payee agrees to the terms of the non disclosure agreement outlined in my certified letter dated xxxx". I send the company a certified letter along with the check that explains the following: I have an account with your company (xxx-xxx). Enclosed you will find check# xxx which is payment in full. I sign the letter, then emulate every company in America by including smaller print on the bottom of the letter. The small print is the non disclosure agreement. Most medium
  10. Thanks for the replies. I prepared some letters to send out today, but before sealing them in the envelope, I copied the SASE envelope and green card on the letter using legal sized paper. I made 2 copies and had them both notarized. On my copy "Copy of Original" was stamped by the notary, on the copy that was sent out, "Original" was stamped. Since both copies have the green card w/certified number on it, and I will get that card back "signed", there will be no doubt as to what was sent/received by CA.
  11. I sent a certified letter to a CA, and when I didn't hear from them after 45 days, I sent another letter. Within a week of sending the second letter, I received a letter stating that I never sent a request for validation, that what they received via certified mail, was nothing more than a promise to pay. When I asked them to provide me a copy of my promise to pay, they said they no longer have the document. (Funny how they would claim to loose the one document that proves I acknowledge the debt) I understand that certified mail with a return receipt proves you sent "something" to the creditor
  12. If a consumer checks their credit report and notices accounts they don't recognize, they call the company listed on the report. If after talking to the company rep, the consumer still fails to recognize the debt, they need to have the debt validated. If the company reporting the account fails to properly validate (doesn't provide canceled checks in the consumers name or a signed contract) the consumer has to conclude they never authorized the account. An unauthorized account opened in a consumers name is IDENTITY THEFT. Anyone who doesn't file a police report claiming identity theft on an acc
  13. "Is there any issues (besides morally) that will arise from filing a false police report?" ------------------------ It's not a false police report if you requested proof of the debt and the OC/collection agency fails to provide proof that the debt is legally yours as outlined by FDCPA.
  14. If I know the account is mine, I would never DV it in the first place. If I DV it, and the OC or collection agency fails to send me proof other than a printout, I have to assume it is not mine. If it's not mine, I must assume someone else is using my name. When I file a police report as "identity theft", the credit bureaus immediately remove the item, then investigate. They don't simply check their records, they are required to get ALL information from the OC/collection agency. When they get the proof, they're required by law to forward it to me. If they don't get sufficient evidence (Cancele
  15. To place either of these alerts on your credit report, or to have them removed, you will be required to provide appropriate proof of your identity: that may include your Social Security number, name, address and other personal information requested by the consumer reporting company. As mentioned, depending on the type of fraud alert you place, potential creditors must either contact you or take reasonable steps to verify your identity. This may cause some delays if you're trying to obtain credit. To compensate for possible delays, you may wish to include a cell phone number, where you can be