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  1. I had a Victoria's Secret account that went delinquent and was sent to their Recovery Team for World Financial Network Bank. In 07/2012 I received a letter stating they are willing to accept 40% of my balance in order to cease further collection and will notify CRA that I had settled my account. I accepted this settlement and paid $263. In 09/2012, my CR showed my payment status was "Legally paid in full for less than the full balance" although it was still showing that I owed (I'm assuming the balance after the 40% was applied). It is now 07/2013 and my CR is showing that my account is beyond 120 days past due and showing a Failure to Pay. I contacted World Financial Network Bank asking if I settled my account, why is it still showing that I owed. The representative stated that even though I paid the settled amount, because I did not technically pay the debt in "full" it will still show on my CR as debt owed. I kindly requested to speak to his supervisor. She was very nice and empathetic although denied my request for Payment for Deletion. She said my only two options are to wait the 7-10 years until this falls off my CR or to pay the balance of $394 in order to have my status changed to "Paid in Full." She stated they cannot do a Pay for Delete as it is illegal and they can verify the debt is mine. What should I do next? Should I send a letter requesting the PDF anyway? Or Is it best to just pay the balance and hope my credit score improves? PLEASE HELP!!
  2. You might find a flyer under your windshield wiper or see an ad in a newspaper or on television or the Internet offering to clean up your credit problems. If your credit history stops you from getting loans or credit cards, this may seem like a blessing - but beware. Even if credit repair organizations were able to legitimately help you improve your credit rating, state and federal law prohibit these companies from charging any fees in advance of providing services, so steer clear of any credit repair business that asks for payment upfront. Actually, I am dull at about Credit Repair, and I want to know about that... If any one can fine any information, Please share with me. Thanks. Most Regards, jenifar
  3. My wife and I settled a second mortgage with CitiMortgage early last year. That settlement allowed us to sell our condo about 6 months later, though we still had to bring significant cash to closing. Our hope was to start a family and buy a house this summer. Well, Citi reported the transaction as promised. Our reports say some variation of "Closed/settled for less than full balance". This language looks like a short sale to Fannie/Freddie apparently, and we have been denied a conventional mortgage, even though we made every mortgage payment on time for almost six years and have pretty good credit overall. Our only hope for getting a mortgage is having the item removed from all three reports for both me and my wife. I know that a short sale DQs us from a mortgage (for a couple of years I think), but in my mind this was not a short sale by any reasonable definition. Also, I do not think that the language reported by CitiMortgage is accurate. CitiMortgage is the one who proposed the settlement amount. As far as I am concerned, the full balance of the account was the amount they proposed I pay to close the account. Has anyone else run into this situation? Are there any success stories out there? Has anyone successfully worked with CitiMortgage in removing this or similar language from a credit report? Thanks in advance.
  4. Good afternoon helpful forum folks. It seems everyone situation is a little different and i have had a lot of general advice, sometimes conflicting with others. I hope to receive some specific information to help me, by posting my situation. credit as of april 6 Equifax 535 transunion 536 experian 649 open 2 month of pos history car loan 40 month pos history bofa card 21 month pos history bofa card 14 month pos history cap one collection cavalry portfolio collection customer disp acct BOFA last reported 3/13$16,501 CFS 2 inc collection customer disp acct US BANK last reported 3/13 $9,917 collection ATT last reported 3/13 $836 collection DS Waters last reported 5/09 $274 Nordstrom FSB Charge off disp rptd rslvd- consumer disagrees legally pd in full for balance last reported 4/13 My goal is to buy a house in September under FHA My Questions- I disputed everything and it looks like Nordstrom agrees to the dispute, but is is still on my report. Is this still hurting my score, and if so what should i do? DS Waters has not reported in 4 years, should I still try to pay for delete? What steps can I take next, would the 623 method make sense? I had about 15 credit inquiries for my car loan and it is a new trade line. I was told that looking at your credit for the best deal would group the pulls to not negatively hurt my score. Yet my transunion score dropped 40 points. Were they wrong about multiple pulls and will my score go back up? Any recommendations for my specific situation? Thank you so much in advance
  5. This site was recommended by someone who was helped with foreclosure issues. I'm going to see if they can help with my BK7 consideration. This is NOT a debt consolidation site. http://www.lenderassistancenetwork.com/1.html Good luck to all of us!
  6. There is some good news believe it or not regarding how credit scores are calculated. Vantage score which is the new score created by the 3 major credit bureaus has made some adjustments in their model which will help many who have paid off old debt or been victims of natural disasters. You can read the article here: http://tinyurl.com/a29uvh4 This may help many of you in terms of raising your score which is always a big issue in this forum.
  7. I have HSBC (OC) and LVNV(collection Co.) posting negative information for the same account. HSBC sold the account to Sherman Financial back on 04/14/2010 and stated in a recent letter that all balances due were transferred as well to Sherman Financial and all future inquiries should be sent to Sherman Financial. I do not see Sherman Financial on any of my credit reports for this account, but I do see the account listed with LVNV as a collections account. My question is can HSBC and LVNV list the same account twice on my credit report? And how can I have one of them removed? I prefer HSBC to be removed since they sold the debt. Please help.........
  8. I sent a dispute letter to Experian back on 12/18/2012 by cert. mail return reciept and experian received the letter on 01/02/2013. I just received their response to my dispute dated 02/13/2013.They went past the 30 days required by law. I only had 3 items that needed to be corrected on this report a late payment from macy's an incorrect address and a collection account that belongs to my son because we share the same name. How can I get Experian to correct these mistakes and can I make a complaint to FTC or to my Attorney General's office in regards to them not following the law in responding within 30 days? Please help!!
  9. We spend a great deal of time on this forum discussing these issues. Now it's time to do something to improve the law and make it fair for all. YOU CAN HELP!! Amend The Fair Credit Reporting Act This link goes to a petition on the white house web site. I urge you to click and sign the petition as well as "like" it, Tweet it and or send to anyone you can so we get enough signatures to make it happen. http://wh.gov/VA84 May The Schwartz Be With Us!!
  10. Has anyone dealt with and had success with vacating a NY tax warrant? The story is as follows - I worked two jobs for a few years. This year, apparently the IRS modified one of my W2s from 2008 which then changed what my state return should have been. I received a bill from NY Tax and Finance sometime in the middle of last year (around June). I moved a few weeks later and kind of forgot about it. So, in around November I received another bill and went through my tax info to try to figure it out why (the bill said nothing about why I owed the money). A couple weeks later I checked my credit karma score (I do every morning) and was shocked to see it drop about 40 points because of the addition of a public record (tax warrant). So I immediately went online and paid the bill. I called and they explained why I had owed the bill. Now, mind you, this was a $298 bill from something that occurred this year in relation to a change made on my 2008 return. The guy that I talked to at the collections office of NY T&F told me that I could write a letter to the Tax and Finance Correspondence Office to "plead my case" to ask to have it vacated. He said in 30 - 60 days I would receive a letter of satisfaction but that I could send the letter to Correspondence now if I wanted. I wrote them a letter basically outlining how it was a very innocent mistake, for a small amount of money, from a change I did not understand that I paid immediately. Saying how I've been working on my credit, want to buy a house soon and this is going to really ruin my chances. Asking them out of the kindness of their hearts to help me, etc. I sent it a few weeks ago and haven't heard anything yet. I know things work slowly with state bureaucracies but I am really freaked out by this. Has anybody had any experience with this? Any idea what I should do? I really appreciate any assistance at all because I have been working so hard to clean up all of the negatives on my CR, have been very responsible the past few years and this is really just a huge setback for me. Side note, I have heard that it is almost as bad to have a paid lien as it is to have it sit unpaid (like a paid collection). Also, does having the warrant vacated actually remove it permanently from my record so that it doesn't show up on my credit?
  11. Should you send letters certified mail for proof is they do not validate information
  12. New to the thread - I've got 2 questions. After being an irresponsible idiot in my younger days, I'm really trying to clean my report up. I had 4 negative accounts, 3 smaller accounts listed in collections and a student loan I decided to stop paying years ago. As for the student loan, last week I settled with the collection agency hired by the bank that backed the loan. I paid half and they will have it listed as settled in full (wasn't getting a PFD or anything else for that). The thing is, it's also listed 3 or 4 separate times on my credit report as charged off, filed with gov't, etc. This is with AES/NCT, things like that. How do I go about getting the other listings removed? Do having those listed affect my credit score? Just wondering because if I paid to have this settled (had to, since it was a student loan) should I still be getting dinged for the same thing by multiple other negative listings? Also, I had three other small debts in collections. I sent them letters offering payment for deletion from the 3 CR agencies (used form letters I found online - not accepting it's my debt, but offering payment if I got written agreement, etc.). I got a call from one of them today that they wouldn't PFD or even put paid in full but would take a smaller payment and put settled in full. I even offered to pay the full amount for deletion but they won't accept that. It seems they would rather take less money and give me a settled in full than full payment for a PFD. I asked for a number to the original creditor (Best Fitness). She said she'd give it to me, but I'd just be routed back to her since they were the collection agency in charge of Best's debt. I found it odd that they'd settle for less than full but wouldn't PFD if I gave the whole amount. Any suggestions here? I told her I'd have to consider my options and call back next week. Side note - this was regarding a contract I thought I had terminated but apparently had not completed the termination. Finally, does speaking about these debts restart any clock or anything, or will they still fall off 7 years after original delinquency? Thanks again for any input. Additional info - Any way I can write to the CRs to get the other related listings deleted? Is there some sort of form letter I could use? Should this be a dispute? Unsure of how that would work. Thanks again for your input. The three small ones - Best Fitness now with NH/NE $800 - Last August of '09. She seemed to be willing to take $500 for settlement but not the $800 for PFD Asset Acceptance - $239. Debt originally from an Express credit card. Something like 4 years ago. EOS/CCA - $135. Originally from AT&T. About 5 years old. They're definitely all valid debts. I'd like to get them off and not wait the seven years. I've managed to save up about a thousand bucks so I have the cash on hand to pay them all off. How do I fight Best Fitness? What do you think I should do to get them to pay for delete? I think it's insane, why would they take less? They were very adamant about how they would not PFD. Said that if I called Best they'd just route me back to her. I really have no idea what to do with these. I don't want to ask any friends for advice, it's pretty embarrassing and a lawyer seems pointless for the amount I have outstanding.
  13. New to the thread - I've got 2 questions. After being an irresponsible idiot in my younger days, I'm really trying to clean my report up. I had 4 negative accounts, 3 smaller accounts listed in collections and a student loan I decided to stop paying years ago. As for the student loan, last week I settled with the collection agency hired by the bank that backed the loan. I paid half and they will have it listed as settled in full (wasn't getting a PFD or anything else for that). The thing is, it's also listed 3 or 4 separate times on my credit report as charged off, filed with gov't, etc. This is with AES/NCT, things like that. How do I go about getting the other listings removed? Do having those listed affect my credit score? Just wondering because if I paid to have this settled (had to, since it was a student loan) should I still be getting dinged for the same thing by multiple other negative listings? Also, I had three other small debts in collections. I sent them letters offering payment for deletion from the 3 CR agencies (used form letters I found online - not accepting it's my debt, but offering payment if I got written agreement, etc.). I got a call from one of them today that they wouldn't PFD or even put paid in full but would take a smaller payment and put settled in full. I even offered to pay the full amount for deletion but they won't accept that. It seems they would rather take less money and give me a settled in full than full payment for a PFD. I asked for a number to the original creditor (Best Fitness). She said she'd give it to me, but I'd just be routed back to her since they were the collection agency in charge of Best's debt. I found it odd that they'd settle for less than full but wouldn't PFD if I gave the whole amount. Any suggestions here? I told her I'd have to consider my options and call back next week. Side note - this was regarding a contract I thought I had terminated but apparently had not completed the termination. Finally, does speaking about these debts restart any clock or anything, or will they still fall off 7 years after original delinquency? Thanks again for any input.
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