bluehades Posted October 28, 2004 Report Share Posted October 28, 2004 Hello's all..I'm trying to clear up my credit report & here is a question. I'm in the process of writting a Debt Validation letter to my creditors. However when i view my credit Report i see the original Creditor. When i call the Creditor they inform me they no longer own the loan, & say it is onwed by a collection agency who does not appear on my Credit report.To whom should i write my Debt Validation letter to, The original Creditor listed on my credit report, or the Collector who has not contacted me yet?(To the best of knowledge). many thanks.Blue. Link to comment Share on other sites More sharing options...
goodmank Posted October 28, 2004 Report Share Posted October 28, 2004 How is the original creditor reporting? Charge Off? Open? Closed? Balance?I would dispute with the cb as not mine.Did they tell you when they charged off the account and what ca owns the debt? Link to comment Share on other sites More sharing options...
bluehades Posted October 28, 2004 Author Report Share Posted October 28, 2004 The CB is reportig the account as closed, & the Status as Collection/Chargeoff. Remarks Collection Account Placed for Collection.As to whether they told me when they charged off my account & what CA owns the debt, they may have told me this as this is an old debt. I do not remember though. The SOL is not yet about over..i live in a state where the SOL is 10yrs.In this instance to whom should i write my Debt validation letter too? Should i write it to the Original Creditor, or the New one (The CA) who is not reporting to my Credit Report.Again many thanks.Blue. Link to comment Share on other sites More sharing options...
Recovering Attorney Posted October 28, 2004 Report Share Posted October 28, 2004 You want to dispute the item to the CRA it appears on per the FCRA. You cold also dispute to the OC, but you may want to start with the CRA, with a " not mine" or "paid before collection" reason, something to get them to act on it. Send it certified mail, wait 35 days after they get it, then, if they do not respond, ask it be deleted as unverifiable/inaccurate. Save the SV letter for the CA if and when they try to contact you. Link to comment Share on other sites More sharing options...
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