DR. JULIANO Posted March 16, 2004 Report Share Posted March 16, 2004 I have 3 OC's on my credit report and i want to know, do you dv the same way as you would a collection agency and if not how? Link to comment Share on other sites More sharing options...
Ravenous Wolf Posted March 27, 2004 Report Share Posted March 27, 2004 You cannot use the DV method with original creditors. Only debt collectors are covered by the FDCPA.• Copies of a signed contract or an instrument bearing my signature. • Documentation verifying that I did in fact have an outstanding balance from this account. • An explanation on how a calculation was made on what I purportedly owed. • An explanation of the procedures used to inform me of such an outstanding balance.Don't say anything about debt validation because that won't help you. Then from what they send you about this debt, you can scour it for technicalities that you can forward to the CRAs. Link to comment Share on other sites More sharing options...
kay Posted May 11, 2004 Report Share Posted May 11, 2004 Just curious--I read somewhere else that in Calif that a OC was the same as a CA or any other collector. Is this false? Thanks. Link to comment Share on other sites More sharing options...
chincheck Posted May 11, 2004 Report Share Posted May 11, 2004 Just curious--I read somewhere else that in Calif that a OC was the same as a CA or any other collector. Is this false? Thanks.That's false. Cali Civil Code calls anyone who collects a debt a debt collector, but points to the FCRA to exempt OC's. Link to comment Share on other sites More sharing options...
adtripho Posted May 22, 2004 Report Share Posted May 22, 2004 You cannot use the DV method with original creditors. Only debt collectors are covered by the FDCPA.• Copies of a signed contract or an instrument bearing my signature. • Documentation verifying that I did in fact have an outstanding balance from this account. • An explanation on how a calculation was made on what I purportedly owed. • An explanation of the procedures used to inform me of such an outstanding balance.Don't say anything about debt validation because that won't help you. Then from what they send you about this debt, you can scour it for technicalities that you can forward to the CRAs.Does anyone have a sample letter to send to the OC after receiving a Demand letter from them? Also, what does• An explanation of the procedures used to inform me of such an outstanding balancemean, and accomplish? Link to comment Share on other sites More sharing options...
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