Spiderella Posted March 20, 2005 Report Share Posted March 20, 2005 Hey guys,I'm dealing with a TU OC charge-off reinsertion. In June of last year TU deleted the account, but in November it showed back up on my report. I disputed it with a copy of their deletion report; they responded a month later with a"verified, no change" ... didn't bother addressing the fact that they had previously deleted it. Now the account number has magically changed and so has the balance by one dollar. I called TU and spoke to a rude guy with choppy English. He said he would dispute it as a duplicate, but I don't expect much to happen.Do I have any legal recourse? What is my next move?Thanks! Link to comment Share on other sites More sharing options...
divemedic Posted March 20, 2005 Report Share Posted March 20, 2005 I have had better luck concentrating on the OC's Link to comment Share on other sites More sharing options...
workinninetofive Posted March 20, 2005 Report Share Posted March 20, 2005 I agree, I would let them know you know they have changed the acct information. Call them out on it. Link to comment Share on other sites More sharing options...
Spiderella Posted April 14, 2005 Author Report Share Posted April 14, 2005 So is it illegal for the OC to change the account number? If so, how do I fight it with them?I just called TU to see if I could convince them to delete it, but I got the "if the OC reports it as correct, then we have to report it". She suggested I call the OC and claim it is a fraudelent account (because that is what I was claiming to her), but the reality of the situation is, it is a valid CO. It infuriates me that this was already deleted and now this new account number is causing all kind of misery.Another option would be to pay the balance owing; it is only $327. I've contacted the OC with a 'pay for delete' letter, but they refuse. If I can't get the TL deleted, will it help my score to have a paid collection vs a CO?Any further thoughts or suggestions?Thanks! Link to comment Share on other sites More sharing options...
Radio_Guy Posted April 14, 2005 Report Share Posted April 14, 2005 Sounds like you have to DV the OC...There is a thread here that details the process.. Link to comment Share on other sites More sharing options...
Methuss Posted April 14, 2005 Report Share Posted April 14, 2005 Changing the account number on a charge-off is a common tactic of re-aging. With the new number they claim a new starting date on the account. In turn this makes it stay on your report longer.As for how to deal with it; that depends...if this was a credit card, then changing the number was illegal and violates the credit practices rule. They can only change account numbers on revolving accounts if the account is in good standing. (Section 226.12 of the Truth in Lending Act) Link to comment Share on other sites More sharing options...
Spiderella Posted April 14, 2005 Author Report Share Posted April 14, 2005 Changing the account number on a charge-off is a common tactic of re-aging. With the new number they claim a new starting date on the account. In turn this makes it stay on your report longer.As for how to deal with it; that depends...if this was a credit card, then changing the number was illegal and violates the credit practices rule. They can only change account numbers on revolving accounts if the account is in good standing. (Section 226.12 of the Truth in Lending Act)The trade line is for Mervyn's store card. Does that qualify as a credit card? If so, what is my first move for hammering them? Link to comment Share on other sites More sharing options...
luna Posted April 15, 2005 Report Share Posted April 15, 2005 You would think that by changing the acct. # -- it would make it an invalid acct. Link to comment Share on other sites More sharing options...
Spiderella Posted April 16, 2005 Author Report Share Posted April 16, 2005 Forgive my ignorance, but I'm lost. Do I contact Mervyn's? If so, do I call them on the phone or send a letter? If they have broken the law by changing the account number, how do I go about demanding that they pull the TL? If they refuse, what are my options? Thanks! Link to comment Share on other sites More sharing options...
Spiderella Posted April 16, 2005 Author Report Share Posted April 16, 2005 It is Mervyn's; the account never went to collections. Link to comment Share on other sites More sharing options...
Spiderella Posted April 17, 2005 Author Report Share Posted April 17, 2005 bump ... Link to comment Share on other sites More sharing options...
divemedic Posted April 17, 2005 Report Share Posted April 17, 2005 Contact them, tell them they are wrong. What is the date of delinquency? Link to comment Share on other sites More sharing options...
Spiderella Posted April 18, 2005 Author Report Share Posted April 18, 2005 The credit report says that the account was charged off in August 2003 Link to comment Share on other sites More sharing options...
Spiderella Posted April 19, 2005 Author Report Share Posted April 19, 2005 Good news! I called Mervyn's today and told me that the TL had been deleted on April 15 because it couldn't be verified. I call TU to confirm the deletion and talked to a nice young man who said that it was still there but he'd take care of it. When I pulled PG 30 minutes later, the TL was gone and my score jumped 17 points!Time to revise my FAKO signature! TU is now 628! Link to comment Share on other sites More sharing options...
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