bmore2ny Posted July 5, 2003 Report Share Posted July 5, 2003 I owe $378 for 4 bad checks to compucred. I have the money and ready to pay them off but, is there a letter I can send them in which I can ask them to remove any negative remarks from my CR's? Link to comment Share on other sites More sharing options...
ADSOFT Posted July 5, 2003 Report Share Posted July 5, 2003 <blockquote>Originally posted by bmore2nyI owe $378 for 4 bad checks to compucred. I have the money and ready to pay them off but, is there a letter I can send them in which I can ask them to remove any negative remarks from my CR's?</blockquote>What are they reporting on your credit report? Link to comment Share on other sites More sharing options...
bmore2ny Posted July 5, 2003 Author Report Share Posted July 5, 2003 <blockquote>Originally posted by ADSOFTWhat are they reporting on your credit report?</blockquote>As an open "Collection Account" Link to comment Share on other sites More sharing options...
ADSOFT Posted July 5, 2003 Report Share Posted July 5, 2003 <blockquote>Originally posted by ADSOFTWhat are they reporting on your credit report?</blockquote><blockquote>Originally posted by bmore2nyAs an open "Collection Account"</blockquote>Have 3 questions for you1. Are you on chexsystems2. Have you disputed as 'not mine' yet to the CRA????3. Have you contacted the CA Link to comment Share on other sites More sharing options...
bmore2ny Posted July 6, 2003 Author Report Share Posted July 6, 2003 <blockquote>Originally posted by ADSOFTWhat are they reporting on your credit report?</blockquote><blockquote>Originally posted by bmore2nyAs an open "Collection Account"</blockquote><blockquote>Originally posted by ADSOFTHave 3 questions for you1. Are you on chexsystems2. Have you disputed as 'not mine' yet to the CRA????3. Have you contacted the CA</blockquote>No not on Chexsystems. Have disputed with CRA and they have validated. Also sent DV letter and they send me back copies of the four checks. I know the debt is mine but, if I pay them can I request they remove it from my credit report as part of the settlement before I pay them? Link to comment Share on other sites More sharing options...
ADSOFT Posted July 6, 2003 Report Share Posted July 6, 2003 Well you are in danger of being on CHEXSYSTEMS which is a real pain.If I were in you position I would do the following, of course there are other experienced members here who would take a different approach, I'm sure they will offer their advice too. But, this is what I would do base on my skill set:#1. I would get a savings account with ATM access and an extra Checking account first, shop around for an account with a low fee.#2. There are several ways to fight valid collection, remember sometimes it not whether the bill is valid its HOW they collect it. Not trying to preach, but it's like anything else, "its not what you do but HOW you do it". Alot of collection agencies and lawyers have gottensued by braking the rules when collecting, .... with that in mind here are some common collection violations by CA'S1. they may not be able to collect in your state2. statue of limitations my have past3. the totals reported to your CR may be wrong, you might be able to convince them that they violated 4. they may have harrassed you5. The all time classic DUAL validation, if they don't put you account in dispute you might get them a violation, you said that you already DVed them, they the mark it in dispute, if not print a copy of your CR. ...I'm not sure how the senior members prove in court that the account was not marked in dispute, you might ask?6. they may have violated your mini-marands7. if your phone bill keeps records with times they call, they may have called you after/before hours8. .... I'm sure other members could add to the list. [Edit by ADSOFT on [TIME]1057519541[/TIME]] Link to comment Share on other sites More sharing options...
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