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Everything posted by TexanNCali

  1. The OC sold the debt and it's not being reported.
  2. I have a MCM TL that was deleted by disputing the debt with the 3 CRA's, filing complaints with the FTC and my states AG. I will be applying for a FHA loan soon. I feel that when mortgage inquires hit my CR's, the deleted TL will pop back up. It has come to my attention that I should file a complaint with CFPB. The SOL on this TL will be up in a few months. Should I file my CFPB complaint now or wait until the SOL expires? My complaint is based on cramming and early termination fees that were added despite the contract being up and my request to cancel the account. I am in the process of receiving a slight refund from the OC. However, the OC did not take in to account the other fees that added up due to their cramming charges. Please advise. Thank you for any help or suggestions.
  3. May I ask when you purchased your home? Was it after 10/15/13? I believe that's when the new FHA guidelines went in to effect. I also believe that there are other things that go into consideration. I've read that lenders may take 5% of the collection amount and factor that into your debt to income ratio and that you can submit a letter explaining why the debt was placed with a CA. I'm not sure if lenders factor in SOL's. I will continue to do research.
  4. Thanks Tom. You're right. I won't know much until I talk to a lender. I've learned its better to ask questions and conduct research before doing anything involved with credit as sometimes one move can have unintended consequences.
  5. I had a collection from MCM on my CR's. I was able to have the TL deleted. I believe the SOL has passed. I am not exactly sure of the DOFD. MCM has not provided a lot of info. I was able to obtain when the last payment was made from the OC. My wife and I would like to apply for a FHA loan within the year. It has come to my attention that FHA loans require collections over $2000 to be paid, settled, or payment arrangements made before the loan will be approved. Unfortunately, the amount owed is just a bit over $2K. Although the TL has been deleted, I feel that when mortgage inquiries hit my CR the TL will reappear. Since the TL was deleted, MCM has sent monthly settlement letters that I have not responded to. We recently moved back to TX and I have not received any letters. I have changed my address thru the USPS and have updated my new address with current creditors. Recently, I found out that the OC sold the TL to MCM with an incorrect balance. I am awaiting a refund from the OC. I spoke with the OC who gave me the balance owed but that does not match what was listed on my CR. It does not match what the OC told me was owed when I initially contacted them 2 years ago. I was also told that MCM had tacked on a $200 charge as a collection fee. This info was all explained to me via phone. I will have to attempt to follow-up with the OC to obtain this info in writing. If and when the TL reappears, I will be able to dispute the current balance if it is still incorrect. I do not want to pay this debt. I always felt the amount owed was wrong and now the OC has confirmed that. This TL was opened without my permission, using my SSN but I can't claim identity theft which might jeopardize a family member. I should since they had no regard for my well being but can't. I still believe the new balance is incorrect. When I first noticed the TL on my CR, I immediately called the OC to obtain as much info as possible. I was given limited info, told to call MCM, and that all records had been sold to the CA. Approximately 1.5 years later, I was contacted by the OC and was told I was eligible for a refund. I asked how they calculated the refund as all the records were sold. My request fell upon deaf ears. After talking in circles with the OC, I hung up frustrated. If the lender wants me to pay off the debt, I will. I do have a few concerns. If I pay less then the amount owed, wouldn't that reset the SOL. Couldn't MCM then sue for the full amount or sell the remaining debt to another CA? Wouldn't paying the debt, in full or partial, lower my credit score? MCM settlement letters state "If you pay your full balance, we will report your account as paid in full. If you pay less than your full balance, we will report your account as paid in full for less than the full balance." I have to admit that I do not trust MCM. I've worked hard to remove negative TL's and have been paying my current debts promptly for the last 4.5 years. Should I settle sooner rather than later so my score has a chance to bounce back? Can MCM tack on a $200 collection fee? I also feel that since the SOL has passed or will shortly, I will be in the best position to negotiate before the mortgage inquiry. This forum has been a tremendous resource. I thank everyone for their guidance and input. For anyone who's just starting their credit repair journey, I offer this advice...don't give up, be patient, responsible, and you too can achieve a higher credit score. Thanks again for any suggestions or advice.
  6. I have a redeemed repo, that was paid in full, on my TU CR. I was able to remove the redeemed repo's on my EQ and EXP CR's by sending GW letters. The redeemed repo happened 3 years ago. It has been suggested that I dispute the payment history on my TU CR becuase I believe it's showing inaccurately. I have to go back over my records and pull my TU report as it has been some time since I've done any credit repairing. I have also been told that it's likely that the redeemed repo will be deleted, from TU, since it's showing postively on my EQ, EXP reports, and the creditor most likely will not answer. I believe, I read, that if a negative TL is older than 3 years, it could actually be helping my score. Is this true? Or should I try to remove the TL from my TU CR? Obviously, a redeemed repo will not look good to perspective lenders. Thanks to this forum, I have really been able to clean up CR's. Of course, I have also been paying my open TL's as agreed and just received a CL increase on my credit card. We're finally in a position to save money and we'll be buying a home in a year or so. I figured now would be a good time to start clearing up the last of my negative info. Thanks for any advice!
  7. 1) I wouldn't consider what I've received from MCM a "settlement" in court terms. In fact, the Attorney General sent me MCM's response to my complaint. They claimed, they hadn't done anything wrong. Although, the TL was removed from my CR's. It's been awhile but I will have to go back thru my documentation. MCM never sent me a dunning letter. If they did, they sent it to my old address despite pulling my CR with my new address. I started monitoring my CR right as all this was happening. I have dates of the inquiries. They also harassed me despite being told to contact me via mail and listed the TL on my CR in various, incorrect ways before it was removed. They didn't know I was watching them. I've received several letters from MCM offering to accept about half of the amount allegedly owed. I believe this is just an attempt to reset the SOL. 2) Despite being a victim of identity theft, the person that committed the crime will not admit any wrong doing. 3) Correct. However, I do not have my entire account summary. The account summary I have just covers certain text messages. I question the final balance since T-Mobile has been accused of overcharging for other things such as: insurance phone replacements, early terminations, and holding number fees. I have not agreed to anything. I've only requested DV from MCM. There's no settlement from the FCRA's. I never planned to sue MCM. I kept documentation in case they sued me. Then, I would countersue or attempt a settlement. With the SOL about to expire, I didn't want to poke the bear. But then I was contacted by T-Mobile and saw an opportunity to get a little more information regarding this account. It's a messed up situation. T-Mobile overcharged me. My family member claims the final bill was paid but doesn't have proof. Throw in charges that shouldn't have been included late and possible early termination fees. It almost seems that T-Mobile should also be sued. They sold a TL to MCM with the wrong balance. Refunds are great for current customers. It's a little different when the accounts been sold. Cell phone bills are crazy. What does $200 in text messages balloon to when the account is closed due to non-payment? Thanks for your advice. I do have to act. The SOL is about to expire but it still can be reported to the CRA's.
  8. First of all, I would like to say THANK YOU. This forum and its members have been so helpful. To anyone that has just started their road to credit repair, do not give up. The road may be long but it is certainly worth it. All good things take time. If I can do it, so can you. I have an old T-Mobile account that was sent to MF. I found this collection while viewing my CR. I disputed the collection, asked for DV, and contacted the CA Attorney General as I believed MF to be in violation of several FCRA’s. The collection was removed from all 3 of my CR’s. I haven’t checked my CR’s lately but I assume the collection has not been reinserted. I have not received a letter from any CRA stating that the removed collection has been reinserted. I have heard that MF may use another name, MCM, to place the collection back on my CR. Approximately once a month, I receive a settlement offer from MCM regarding this collection. Notice the name change? The collection is about 1 year from reaching the SOL. Unfortunately, I do not know if or what I may have owed T-Mobile when the account was sent to collections. Unbeknownst to me, a family member used my social to open the account and claims all was paid. Of course, I have no proof of this. About 7 months ago, I reached out to T-Mobile to find out any information regarding this account. A T-Mobile rep gave me the balance but was unable to itemize or see charges. I was told that all information was sold to MF. Recently, I was contacted by T-Mobile and offered a refund for premium service text message overcharges. I was given the option to accept a $40 flat fee or request an account summary. I requested the account summary. After a few weeks, T-Mobile sent an account summary covering the premium text messages. According to the summary, T-Mobile owes me a $200 refund. Wasn’t all my info sold? MCM is still trying to collect the original balance that is obviously wrong per the account summary I just received. The last bogus premium charge was applied a few months before the account was closed. However, I do not have a complete account summary. I suspected, if I owed T-Mobile anything, the amount claimed was wrong. I will check all 3 of my CR’s as soon as possible. I would like to purchase a home in a few years and I think MF/MCM will certainly pop back up during this process. Any advice or suggestion is appreciated. Thanks! I have not accepted the $200 refund and have until June 2015 to do so.
  9. Yes I have. I currently have a Cap1 account in great standing. As I mentioned above, I just received a CL increase on that account. Any other Cap1 accounts might be from college but I graduated in 2003 lol! Those accounts would have been PIF or are way past the reporting period.
  10. First of all I would like to say THANK YOU! This forum and its members have provided me with so much guidance and advice. I am proud to report that I have 0 negatives on my EXP CR. I couldn't have done it without this forum. With a lot of research, patience, and money for those CMRRR letters you too can improve your credit history. If I can do it, so can you!!! Today I received a dunning letter from Northland Group Inc. The original creditor is listed as Capital One but the current owner is Galaxy International Purchasing. Unfortunately, I do not know if this debt is mine. Awhile back a family member began using my social. When I found out it was too late and my credit repair efforts started. The dunning letter includes a past due amount and a substantially lower settlement offer. It also includes the last 4 digits of the original account number. Although, that's not very helpful when the CRA's do not list the last 4 digits of account numbers. After checking my EXP CR, this debt is currently not being reported. But I did notice an inquiry (did not impact score) from Northland right before the dunning letter was sent. Over the last year, I have closely monitored my CR's and have never seen a CO from Capital One or anything resembling this debt. In fact, I have an unrelated Capital One account in great standing. My CL was just increased on this account. I have written a simple, validation letter and will send it CMRRR. I am still well within the 30 day allotted time to request this information. However, I have a few questions. How can I find out the SOL of this debt and the DOFD? I am under the impression that this must be an old debt, past the reporting period. The dunning letter makes no mention of this debt being placed on my CR. I've received a few DL's in my life and when allowed the CA loves to mention that the debt is/will be placed on your CR. I guess time will tell. Any suggestions, comments, or advice is always appreciated. Thanks!
  11. I don't think what I received was a dunning letter. It's more like a settlement offer which includes debt validation. They've included OC, original account number, balance, and a offer to pay less. I've been advised to ignore the letter as the collection is still within the SOL.
  12. I will need to pull my reports again. I do not believe this collection is on my reports. This TL was deleted once. The OC is not and has never appeared on my reports.
  13. Today, I received a settlement letter from Midland regarding a TL that was deleted approximately 6 months ago. I never received an initial dunning letter. I checked my CR and noticed Midland's negative TL. After monitoring my CR for several months, I noticed that Midland was reporting this TL inconsistently. Midland used 2 different names (Funding and Credit Management) to open and close the TL, they listed themselves as a factoring company, made the TL appear to be a loan or revolving credit, they supposedly sent a dunning letter to my old address but pulled my CR which listed my current address and phone number. Midland also called after being told to communicate with me via writing. I contacted the FTC and the California AG to report what I believed to be FCRA violations. I also disputed the TL with the CRA's. I disputed this TL because to my knowledge the bill was PIF. I called the OC and they said the remaining balance did not seem right. However, all records were sold to the CA and I was instructed to call Midland. Of course, when Midland responded to the AG they acted as if they were operating in accordance with the law. They also claimed that the debt did not have to be validated because I did not ask for validation within 30 days. I have my old CR's, certified DV letter that asked to only be contacted via writing, phone records, and all other correspondince. I will be mailing a request for DV within the allotted 30 day period. I just wanted to know how else I should proceed with this vile CA. I believe this collection is still within the SOL. However, I've read that cell phones may fall under a Federal, 2 year SOL. I have not received re-insertion letters from any CRA so far. Midland's letter states "this account may still be reported on your credit report". Midland supplied the following: Current Balance, Payment Due Date, OC, Original Account #, Current Owner, MCM Account #, Reduced Payment Option Seems like this is a settlement, dv combo letter? How should I proceed? Thanks for any and all advice.
  14. I've already received my free copies. I haven't applied for anything recently. I did hear back from EQ. The disputed items were verified. They did not acknowledge the fact that it took well over 85 days to respond or that I sent I follow-up letter with documentation showing this. Oh well, the account was opened in 2007 and is listed as a CO. I have approximately 3 more years before it falls off. After I submitted the dispute, I started thinking the CO (PIF) is probably helping my score. Deleting it may have caused my score to go down. I still haven't heard from TU. The TL was deleted from EXP. Thanks
  15. I will send a a CD letter to Midland. Today, I receieved a dunning letter for the collection that was deleted. I am sure it will be re-inserted soon. I am going to start a new topic in regards to that account. Thanks for your help.
  16. @lionhunter I did not see 60 minutes. Thanks for all the input. Hopefully, I will be receiving a deletion letter any day now
  17. I did the same. I gues the CRA's will do anything to attempt to delay the dispute process.
  18. Midland Credit Management continues to do account reviews on at least my TU CR. The purpose of their review is listed as a collection. However, I do not have any collections on my CR. Approximately 5 months ago, a collection from Midland was deleted off of my TU CR. The collection was not validated or verified. I am not sure how the SOL (tolling) would work with this collection because I moved from TX to CA. I also was able to catch Midland in violation of several FCRA's and reported them to the CA Attorney General and FTC. Since then, Midland has sent 2 letters with payment options for an unrelated collection. This collection is not mine, does not appear on my CR’s, and according to Midland is out of the SOL. 6 days after I received the 2nd letter from Midland, they reviewed my account again. Is this legal? How can I stop Midland from reviewing my CR? Is Midlands review of my CR damaging my score? Regardless, a collection listed under account review doesn't look good. I would hate for the deleted collection to reappear on my CR's. I thought the bill had been paid, OC somewhat agreed but could not view a list of the charges...only the balance. Once I found out about the discrepancy, the OC had already sold the account and related documentation to the CA. Needless to say, it was a huge mess! Thanks for any advice or input.
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