Anonymous Posted June 9, 2003 Report Share Posted June 9, 2003 Hi - I recently (last week) filed online disputes w/all three bureaus. But need more info - what are good will letters & who do you send them to? What is PG? Also, will an item drop off before the 30 day time span or no? I called 2 of the places that had bad marks on my report and both places couldn't even find my account on file - is this a good sign? So many questions!! Apparently people have had success with this route! Link to comment Share on other sites More sharing options...
Swede Posted June 9, 2003 Report Share Posted June 9, 2003 Hi and welcome to the board. <blockquote>Originally posted by newbiewhat are good will letters & who do you send them to</blockquote>Goodwill letters are used for overall good accounts with a few late pays. They were initially developed by Marci over at creditnet for the reason that sometimes when you dispute with the CRA's and ask them to remove late pays, they will remove the entire account and that's not really what you want if it's overall good. You send them to the creditor of that account. You can use an online source called www.planetfeedback.com which is just a middle man between you and the creditor. Because PFB is a public source and people can view letters, many creditors comply with consumer request to keep their "good name".<blockquote>Originally posted by newbieWhat is PG? </blockquote>PG is Privacyguard, it's a third party source where you can get your credit reports based on information from the big three's. ALthough PG is good for bumpage, it's still recommended that you get your reports directly from the 3 major CRA's for accuracy purposes.<blockquote>Originally posted by newbieAlso, will an item drop off before the 30 day time span or no? </blockquote>Sometimes yes but most often no. The CRA's will wait the entire 30 days for the investigations to run.<blockquote>Originally posted by newbieI called 2 of the places that had bad marks on my report and both places couldn't even find my account on file - is this a good sign? </blockquote>Yes it's a good sign but you really shouldn't be calling them up- especially if these are collections accounts. You NEVER want to talk to CA's on the phone and as for the OC's, well that's a different story, but since you have investigations going, you don't want to give them a heads up to find the records when the dispute comes in....... Link to comment Share on other sites More sharing options...
Anonymous Posted June 9, 2003 Author Report Share Posted June 9, 2003 Thanks for the info - just to be sure the OC is the original creditor, right?Also, most of the bad stuff is from a divorce in which my ex was responsible by the divorce decree to pay - I know that doesn't completely absolve me - but it helps to have it on file, right? I can't get an address out of one of the OC's to send copies of the decree to them - the credit bureaus say it has to be on file w/the oc - what to do? Link to comment Share on other sites More sharing options...
Petunia Posted June 9, 2003 Report Share Posted June 9, 2003 Goodwill letters are written to the creditosrs in hopes they will be nice enough to positively update your account. For example, if you had a couple thirty day lates being reported, you could write the creditor saying you've been on time for a certain amount of time would they pretty please update to never late. Check out planetfeedback.com and search for goodwill letters in past posts. There are some examples. PG is privacyguard.com. You can pull a credit report daily. It costs $1 for a trial period of three months. But you have to call and cancel before the 3 months are up or they will charge you 89.99 for a year of privacyguard. Link to comment Share on other sites More sharing options...
Anonymous Posted June 9, 2003 Author Report Share Posted June 9, 2003 Oh - another q - does PG show up as inquiries and does that adversely affect cs?IF something fails to be removed - what else can be done? And does a failed dispute work against you? Maybe there's something I should read re:this - suggestions? Link to comment Share on other sites More sharing options...
Swede Posted June 9, 2003 Report Share Posted June 9, 2003 <blockquote>Originally posted by newbieThanks for the info - just to be sure the OC is the original creditor, right? </blockquote>Yes, OC is original creditor. Check these links for abbreviations- you're going to see a lot of them http://www.debt-consolidation-credit-repair-service.com/cgi-local/cutecast/cutecast.pl?forum=14&thread=1862http://www.debt-consolidation-credit-repair-service.com/cgi-local/cutecast/cutecast.pl?forum=1&thread=1735<blockquote>Originally posted by newbieI can't get an address out of one of the OC's to send copies of the decree to them - the credit bureaus say it has to be on file w/the oc - what to do?</blockquote>The CRA's should have the OC's addresses, once you have a copy of your reports, you should be able to call them up and get contact information for people reporting on your files (anyone reporting on your files, whether OC or CA is referred to as "furnishers of information")<blockquote>Originally posted by PetuniaBut you have to call and cancel before the 3 months are up or they will charge you 89.99 for a year of privacyguard.</blockquote>You can actually do a new trial after it runs out. My 3 month trial just ran out and I signed up for a new $1.00 trial using a different cc and login Link to comment Share on other sites More sharing options...
Swede Posted June 9, 2003 Report Share Posted June 9, 2003 <blockquote>Originally posted by newbieOh - another q - does PG show up as inquiries and does that adversely affect cs </blockquote>Any inquiries made by you are considered "soft" and will not adversely affect your score. Only inquiries pulled by others such as creditors, employment, insurance, mortgages will count against you. There's something called "bumpage" which is a way of removing hard inquiries from your reports by pulling soft. There's only a certain amount of data that can be stored on your files and when you constantly pull your own report, it'll place a soft on it resulting in hard inquires being bumped. Nobody is exactly sure when it happens- it just happens. If you run a search on "bumpage" you'll find plenty of information on that.<blockquote>Originally posted by newbieIF something fails to be removed - what else can be done? And does a failed dispute work against you? Maybe there's something I should read re:this - suggestions?</blockquote>No, a failed dispute doesn't hurt you. If something isn't removed in the initial dispute there are PLENTY of things you can do. Just read up on the threads and post specific detailed questions as to your accounts that you want removed and we'll help you on your next step. Always start disputing by using "not mine" approach. Link to comment Share on other sites More sharing options...
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