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hopelesscred

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Everything posted by hopelesscred

  1. Follow the guidelines on the credit repair link on top of the page. There is a step by step plan of action that tells you exactly what to do. Also do a search for removing paid collections
  2. Thanks...well hopefully not word for word....caught a few errors. Just in case it gets to that does anyone know whether CRAP1 would sue for a case under 1k? I think I've figured out their plan: CRAP1 Offer a card with a 200-250 CL... Charge $89-100 in fees and 18%-24% interest Account becomes delinquent. more fees at $25-50 a pop Close account. Keep adding fees Charge off account take tax loss and add more fees. Send a settlement letter for 50% (account is at $800 BAL now) Add more fees and send off to a CA. $200 CL account===> becomes a $1200 charged off debt and u are screwed for 7-10 years if u are not watching--as they will re-age acts.. Security Check replied to my DV--(only one so far) well it appears that the check in question (13.50) was redeposited and cashed, BUT I was charged a 27 fee. I never got a letter from them---so tomm I will call for a PFD..
  3. I have a question--what was the BAL on the accounts? I have one TL that is not out of SOL...BAL plus fees: $962
  4. got my first alert today...CRAP one updated both accounts. The largest one (944 listed as owed) is way out of SOL...so they can FOAD!!! They also changed DOLA on one of the accounts.. Northland is trying to collect on the other account 944 still in SOL...Called Northland to advise I would be sendind DV. She stated that if sent any settlement offer is off the table ---OK no prob. I will be sending in any case. letter to Northland Hopelesscred Address June 12, 2007 Northland Group 7831 Glenroy Road, Suite 110 Edina, MN 55439 To Whom It May Concern: RE: Capital One account I am writing in reference to our conversation regarding the trade line with Capital One bank. This is being reported with various balances on all three reports and different credit limits as well. As a result, I feel compelled to validate this debt pursuant to the FDCPA 15 USC 1692g Sec. 809 ( and to inform you that your claim is being disputed and validation is requested. Since you stated that you now have all of the records, provide me with the following: What the money you say I owe is for? Explain and show me how you calculated what you say I owe; Capital One usually awards $250-300 credit limits, so the balance/payment history needs to be verified Provide me with copies of any papers, signature cards that show I agreed to pay what you say I owe. Show me that you are even legally allowed to collect on this debt. Also during this validation period, I will be watching all three credit bureaus daily and if any action is taken which could be considered detrimental to any of my credit reports, I will seek legal counsel for suit. This would include any inquiry or listing of derogatory information to a credit reporting repository that could be inaccurate or invalidated or verifying an account as accurate when in fact there is no provided proof that it is. I would also like to request, in writing, that no further telephone contact be made by your offices to my home or to my place of employment. If your offices attempt telephone communication with me, including but not limited to computer generated calls and calls or correspondence sent to or with third parties, it will be considered harassment and I will have no choice but to file suit. Please make sure that all of your records are in order prior to contacting me about this debt. Best regards, Hopelesscred
  5. CRAP 1 Shennanigans I have 2 baddies from CRAP 1 and they've just updated today: CRAP 1 Status CO CL $250<===== Date opened 12/1998 DOLA 10/2002 (I am questioning DOFD) BAL 1183, yes they are STILL adding interest!! around 800+ dollars INT and counting. CRAP 1B Status CO CL 500 Date opened 10/2003 DOLA 8/2005 well whithin SOL..but disputing DOFD as well. BAL 962 400+ INT added... Northland has called on this account and prob will need to settle but not until they verify what I owe. This act was supposed to pay off the other and get my credit back in order but they never updated anything. These TLs are all over the place on the 3 in1 ordered yesterday, I also show that they are reporting good payment history for the last 6 months on the CO accounts? How can a charged off acct have good pay history? Is this a ploy to delay fall off date?
  6. 2 TLs were deleted over the weekend I forgot to include this TL HFC of Nevada (Household) BAL 10K settled was due to come off 2/09 BUT GUESS WHAT!!! did an online challenge and wham it is now gone. I'll need to get the official response from EQ to see if they place it back. AT&T 160 PAID collection is gone from EQ but still there on TU/EX. All I did was pay it then dispute. I got one answer to one of my DV letters (still waiting on MAF and Pallisades) it is a piddly check for 13.50 to papajohns pizza. They sent me a copy of the check (that they redeposited and cashed). I am getting charged for the bounced check fees. Trouble is I dont ever recall getting a letter. SO....My first PFD 27.00 is the balance (25.00 NSF plus 2.00 fee) tired of writing, I went on Orchard Bank's Website and sent a GW email for an old paid CO act, clicked on the contact us link...LOL!!! cant hurt to try. I will update FICO Score Report Date TU 581 6/9/2007 EQ 439 6/7/2007 EX 569 6/9/2007 Inquiries...6 were deleted as well, there are 2 companies left: Citibank and one CA: Total cred. How? online dispute..reason: unauth inq.
  7. Use the search button... www.debt-consolidation-credit-repair-service.com/forums/showthread.php?t=268889&highlight=removing+paid+collections
  8. One Of the best advice that I've been given is to have some patience when you are going through this. You posed severval questions but I also have some for you. Will you be applying for major credit lines (car loan, mortgage) anytime soon? Are there more recent baddies on you report that are NOT out of SOL? They are the ones you really need to worry about as they can still legally sue you and WIN. What should you do? Wait until the CRAs finish their investigation, then you will have a clearer picture. I think I know where you are going here, but you mentioned that you defaulted on the loan Feb 2002, you need to verify the date of first deliquency DOFD, that should solve your reaging issue which is a violation if you can prove it. good luck! FICO Score Report Date TU 581 6/9/2007 EQ 439 6/7/2007 EX 569 6/9/2007
  9. Kevin: Thanks for the advice... My prev method of cred repair was IGNORE the CA until I had a lump sum to neg a settlement. I have a mortgage with 30 day late Nov 06, the prev lates (60, 90) were two years ago (fought off foreclosure). I will write a GW later to them to see if they would be willing to take off some lates. My only good TL HSBC ORCHARD VISA opened 12/06 $700 limit BAL is paid in full There was some discussion reg util on anther thread, here is what I found Remember, even if you pay your credit cards in full each month, the balance shown on your credit report may not be $0. Instead, it will reflect your account balance at the time your lender supplied the update to the credit reporting agency.) In my case, I pulled all of my CRs June 7-9, but Orchard last reported my TL in April and I think they report to the CRAs on or about the 11th of the month. so..if I had a BAL on 4/11 it would reflect on my score since they are 2 mos behind in reporting.
  10. I also did the newbie mistake and did not get a PFD from the CAs--went ahead and paid some small items. I've disputed all of them with EX/EQ/TU The old WASHMU/Providian acct is from 1998, last activity was reported as 2002 but I think it is more like 2000---Pallisades purchased the account. Tried for years to collect, they then gave up and sold it to a local law firm..law firm tried to sue, I answered and challenged and they never followed so it was dismissed. ( Prob did not pursue because of SOL) My Plan of action 1.I disputed the negs online with all 3 bureaus 2. Sent off DV letters registered..next time I'll use CMRRR 3. Sent VER to CRAP1 asking for BAL history/payments and DOFD From what I've read I am expecting a major fight and all paid charge offs to come back as "verified" The last two hurdles are: $467 left from a car loan---negotiating PFD $508 state tax lien--- reading up on how to get this off once paid I wish I knew about this place sooner...thnks all for all the knowlegde... I will update FICO Score Report Date TU 581 6/9/2007 EQ 439 6/7/2007 EX 569 6/9/2007
  11. EQ is showing 2 recent INCORRECT lates that I am sure is hurting my score I am going thru the process on those PAID Collections, all due off 09 Hsbc Nv XXXXX 11/1998 $0 Bad debt/collection Old Orchard bank..disputed w/CRA then will try GW/VER letter since I have a good acct with them. Midland XXXXX Not on Record $0 120+ days past due CA that I made payment for the HSCBC act above...disputed.. Wamu/Prvdn XXXXX 8/1998 $0 Bad debt/collection Challenging DOFD waiting results...if this is gone--Pallisades will be too FICO Score Report Date TU 581 6/9/2007 EQ 439 6/7/2007 EX 569 6/9/2007
  12. This is from my EQ... I did an online dispute for every neg.. STUDENT LOAN 4/1999 $35,281 120+ days past due Being Garnished by CA, not reported, TL due off 10/2009 contemplating rehab or stay the course till 09 and offer settlement for PFD Palisades (OLD PROV ACT) XXXXX Not on Record $7,839 120+ days past due Sent DV and online dispute, this is WAY OUT SOL and still being reported as open/current. CRAP 1 Bank XXXXX 7/1998 $1,157 Bad debt/collection Sent VER letter, disputed online CRAP 1 Bank XXXXX 10/2003 $944 Bad debt/collection They offered me this card to bring the above act current, paid off the 1157 but they never updated...dispute with all three and sent letter to CRAP as they are reporting diff BAL on TU and EX AUTO LOAN Charged OFF 25513621XXXXX 10/2000 $467 Bad debt/collection Sent off to CA..but they still own the debt..neg removal of CHARGE OFF status. TAX LIEN 508 unpaid....Will pay in the next two months and try to remove. (need to read up) $40 Medical Bill paid. (disputed online) 62 Medical Bill paid 27 PAPAJohns...Sent CA DV letter no clue 160 AT&T PAID 177 CA is MAF...Infinite Energy...My dispute...bastards took 100 dep that should have zeroed my acct. disputing now..send DV letter to CA Wating on Dispute results and answers to DV letters...will update FICO Score Report Date TU 581 6/9/2007 EQ 439 6/7/2007 EX 569 6/9/2007
  13. This has been my experience with Orchard Bank I was given a $300 visa card offer with $89 in fees and some other account opening fee (dont you love these fees?) I blew up and called them and demanded to speak to an account manager. As luck would have it, he waived the $89 and increased my limit to $700. I've paid the balance (sometimes as high as the entire CL) in full every month and attempted to raise my limit to 1K several times and was declined, citing the recent increase. After the last decline, I got pissed and requested that they close the account. I know...closing the only good TL on my CR. I realized this and humbly called them back and reinstated the account. My goal is to keep them until I can get a better account, hopefully in a year.
  14. I'm kinda in the same boat.... I am in the "repair" phase right now but I was recently offered a 5K unsecured line from Citi-financial. Unfortunately, I only have one good TL from Orchand Bank (HSBC sponsored) and will need others soon but I kinda wonder whether I should simply wait as I will undoubtedly receive more offers as my score, which is a horrid 439 right now:cry: improves.... As for HSBC...my CR is littered with references... 3 small CC accounts charged off, but paid collection 1 10k Unsecured loan that was settled but is still being reported.
  15. Someone can correct me here as I will take a stab at your question..first there are tons of info on this very subject "settling debts with the OC" I would contact them asap b4 they start reporting it as a Charged off account or send it to a CA here is the link: www.creditinfocenter.com/debt/originalcreditor_debtsettlement.shtml
  16. I just had a call from a CA: Alliance re an old CAP 1 account...LOL... I have 2 CAP one accounts..One for 1080 (date of last activy 4/2002) after they added 600+ in interest fees and another 804 with 500+ (last activity 8/2005) in interest...The second act was supposed to bring the first current but they never updated my CR...I had to pay off the first account before the second one was active---of course I messed up and now both are listed as charged off. Hello Why are you calling? CA --u owe 1080 on a CAP one account. who are you? Alliance Ok are u aware that I am getting this debt validated? CA--but the account is with us now and u owe... WAIT---first of all I dont want to be called and as u know while the debt is being validated, according to the FDCPA, all collections activities should stop..I will need correspondence from you so I can verify whether you can even collect this debt. Dont call me anymore and send me a letter to which I will respond...good bye.
  17. I am newbie here and I must say that getting educated on debt/credit law is a daunting task....I would think that we are in a minority here as most folks dont bother and the CAs know it. There are way too many folks out there who just dont care, are uninformed or simply give up when the going gets tough.
  18. I am somewhat in the same boat, I have about ten CA accounts on my CR, 7 are have either been paid or settled years ago.. I also did the newbie mistake and did not get a PFD from the CAs--went ahead and paid some small items. I've disputed all of them with EX/EQ/TU I had an old Providian acct from 1998, last activity was reported as 2002 but I think it is more like 2000---Pallisades purchased the account. Tried for years to collect, they then gave up and sold it to a local law firm..law firm tried to sue, I answered and challenged and they never followed so it was dismissed. ( Prob did not pursue because of SOL) 1.I disputed the act with all 3 bureaus---and 2. Sent off a DV letter to Palisades 3. Challenged all the CA inquires From what I read I am expecting a major fight and all paid charge offs to come back as "verified" so what's the next step?....DV?---four of these accounts are due off my reports 2009 but I dont want to wait that long. The last two hurdles are: $467 left from a car loan---negotiating with them tommorrow $508 state tax lien--- any ideas on how to get this removed (once paid) before the seven years?
  19. I too am being garnished --BUT it is not being reported to the bureaus....the cred bureaus only report a 35k balance owed sent to collection due to be removed 4/2009. The CA added some ridiculous fees and filed 52k for the garnishment.... My dilema...if I challenge and all get updated and verified ---I am stuck for another 7 plus years. or stay mum...wait two years and ride out the garnishment ---then offer a settlement to the CA. get the loan rehab'ed
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