Lisa0825 Posted March 28, 2007 Report Share Posted March 28, 2007 First, my progress to date...In the time I have been at CIC, I have had 2 fraudulent accounts removed from my reports, bumped off a bunch of inquiries (it finally worked! yay!), and gotten several small collection accounts removed by DVing. But I have been afraid to take on NCO and LVNV, because I hear so much about how bad they are. Now it is getting closer to the 7 year mark on the biggest baddie, LVNV, and I have decided I am content to just wait it out because I am a chicken! The LVNV account should be removed 09/07. But NCO will still hang around until 9/09 unless I take them on. The account is for a couple grand, and due to my state of mind at the time, I really don't know how much of that was the actual balance, and how much was added fees and interest.I just got my Experian report today (without score) because I disputed a couple more items, and this one has a line on it I didn't notice on previous copies.... the NCO account was originally Chase's. On the entry for Chase, it says:Status: Tranferred, closed/Account charged off. $290 written off.Does that mean that I only owed $290 before all the interest and fees? Or is that what they got for it by sending it to NCO? The balance is listed as 2 grand.Other than those two bigges, I disputed 2 small ones today, and both would die a natural death by the end of the year anyway.I plan to by my FICO scores again soon to see exactly where I am. MyCreditKeeper and TrueCredit keep going up!And because of the support of the folks and information here, when I found out about a MAJOR plumbing repair I was going to need, I had the confidence to call my bank about a personal loan, knowing that my chances were good to qualify, and that would not have been possible a year ago! Link to comment Share on other sites More sharing options...
sjokinley Posted March 28, 2007 Report Share Posted March 28, 2007 LVNV was the first delete I got on all three reports! It just disappeared when I disputed with the big 3. Link to comment Share on other sites More sharing options...
someonesomewhere Posted March 28, 2007 Report Share Posted March 28, 2007 Unless I'm math-challenged, the SOL has run on these since you're in TX.If you're not planning to do anything like buy a house, refinance, buy a car, etc. between now and October, might be best to just let LVNV sit and fall off in 5 months.Got nothing to lose by DVing NCO. Use in your DV letter, "I just discovered this on my CR."The $290 write off does sound like $290 was owed and the balance up to $2K was interest and fees. Link to comment Share on other sites More sharing options...
thomassl Posted March 28, 2007 Report Share Posted March 28, 2007 I agree with Someonesomewhere! I would leave it alone. As far as interest, if your original contract with the original creditor had interest as part of the loan, it will accrue. If it's quiet....let it sleep! Link to comment Share on other sites More sharing options...
Lisa0825 Posted March 28, 2007 Author Report Share Posted March 28, 2007 Thanks, y'all! I don't feel so bad if it is only $290 plus fees! Honestly, I was in a really bad place in my life for about 4 years, and blocked all this stuff out. So, I wouldn't know the real balances myself. I didn't even open any mail for at least 2-3 years. Despite what the collection agencies think, I don't get joy out of my debts. They were one of several things I used to really beat myself up over. While I have learned to dust myself off, move on, and do things RIGHT this time around, it also makes me feel a lot better to think I probably didn't rack up nearly as much debt as I thought I did.I think I will let LVNV fade away. I will probably go ahead and DV NCO and see what happens. I have nothing left in the SOL anymore, so that is a big relief, but I still have that lingering fear of contacting them anyway. Link to comment Share on other sites More sharing options...
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