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I think I already made a big mistake :(


Phirefli
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I went to Equifax and disputed online my collection accounts. I did not dispute a few still with the OC that were recent as I knew they would be easier to verify. I used the reason not mine. (some of them were). I thought I had really dug through this site to find which reason NOT to use for the dispute lol, comming up with no solid answers I used "Not Mine". Alas...I come home and find a post about DO NOT USE the Not Mine excuse and never dispute a CA account without DV first......how big of hot water am I in? *Grimace*.

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I went to Equifax and disputed online my collection accounts. I did not dispute a few still with the OC that were recent as I knew they would be easier to verify. I used the reason not mine. (some of them were). I thought I had really dug through this site to find which reason NOT to use for the dispute lol, comming up with no solid answers I used "Not Mine". Alas...I come home and find a post about DO NOT USE the Not Mine excuse and never dispute a CA account without DV first......how big of hot water am I in? *Grimace*.

I just disputed alot of them as well and One of them was removed already. I did however go to the CA directly with that one. I did use the "its not mine" and the "I have no knowledge of this account" on Transunion. I read alot here and decided I would dispute with the CRA first and then DV after. I dont know what is going to happen with mine.

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......how big of hot water am I in? *Grimace*.

None, really. You haven't broken any laws, and there's very little chance that anything you've done so far will come back to haunt.

The reason that people here advise that you DV the CA first, and then dispute, is because that's the way the "1-2 punch" works. If you DV within 30 days, and the CA doesn't mark your CR "in dispute" while they obtain verication, then you have them on an FDCPA violation. Is that enough to sue for and win? Probably not, but its a step in the right direction.

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None, really. You haven't broken any laws, and there's very little chance that anything you've done so far will come back to haunt.

The reason that people here advise that you DV the CA first, and then dispute, is because that's the way the "1-2 punch" works. If you DV within 30 days, and the CA doesn't mark your CR "in dispute" while they obtain verication, then you have them on an FDCPA violation. Is that enough to sue for and win? Probably not, but its a step in the right direction.

Can I DV even on old debts in which I have recieved no letter for in like over a year?

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DV after 30 days? Sure. The problem is that you're then outside the 30 day window allowed by the FDCPA...which means that 1. the CA can continue collection without validation, and 2., you might just get their attention to start hassling you again. However, they are supposed to mark you CRs "in dispute".

Your call...

If you do decide to DV, include something like "I just found you on my credit reports...what the heck?...I never had an account with you peope...prove to me this is mine." (Realize that they don't have to prove that you got the original letter...only that they had a system in place for sending it.)

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