lovesdogs Posted April 10, 2007 Report Share Posted April 10, 2007 This should probably be several different threads, but here goes:Question #1 - I went to court in mid-March after being sued by Cap 1. They didn't show, the judge dismissed the case, I sent letters to all three CB's with copies of the dismissal so that the Cap 1 baddie would be removed from my report. Today I received an 'investigation result' from Experian that Cap1 verified the debt and this has been "updated". And, Cap 1 has added $48 to my total owed. I'm waiting for the other two letters to come soon. So what's my next step?Question #2 - I currently subscribe to Free Credit Report and True Credit. My CR numbers are different on both. WAY different. I also signed up for the 30-day free trial on MyFICO and so far I love it. Especially since my EQ numbers have gone up 49 points in 3 days and I have no idea why, especially since Cap 1 juiced me with the $48 dollar increase with what they say I owe them. Since I'm paying nearly $30 a month for FCR and TC then I'm dumping them and keeping MyFico (not just for the 49 point increase, LOL). But why are CR numbers so very different? For example, my EX number is 584 on Free Credit Report which is provided by EX but it's 655 on True Credit which is provided by TU. That makes no sense to me. Oh well, my brain is fried lately so maybe it DOES make sense and it's just me. Link to comment Share on other sites More sharing options...
willingtocope Posted April 10, 2007 Report Share Posted April 10, 2007 The only numbers that really mean anything at all are the ones from MyFICO. The others are just estimates (scams, really, because no one who would issue you credit looks at them). For that matter, FreeCreditReport.com is also a scam...its www.annualcreditreport.com where you can actually get a copy of each report free...and they're the real deal, not some 2 or 3 month old summary. Link to comment Share on other sites More sharing options...
VonAngel (aka EarthAngel) Posted April 11, 2007 Report Share Posted April 11, 2007 Question #1 - I went to court in mid-March after being sued by Cap 1. They didn't show, the judge dismissed the case, I sent letters to all three CB's with copies of the dismissal so that the Cap 1 baddie would be removed from my report. Today I received an 'investigation result' from Experian that Cap1 verified the debt and this has been "updated". And, Cap 1 has added $48 to my total owed. I'm waiting for the other two letters to come soon. So what's my next step?Just b/c Cap1 didn't show doesn't mean that the TL should be removed. Cap1 made the effort to sue you...not the other way around. Do you have grounds for a removal? If not, then this could be a TL that you'll be stuck w/ for the full 7yrs. As long as Cap1 is reporting accurately, they don't have to remove it. Link to comment Share on other sites More sharing options...
lovesdogs Posted April 22, 2007 Author Report Share Posted April 22, 2007 Just b/c Cap1 didn't show doesn't mean that the TL should be removed. Cap1 made the effort to sue you...not the other way around. Do you have grounds for a removal? If not, then this could be a TL that you'll be stuck w/ for the full 7yrs. As long as Cap1 is reporting accurately, they don't have to remove it. So I just have to sit back and eat it until the 7 year time frame is up and watch while they keep adding interest to it? I guess the silver lining is (and I hopethis is right because it's what the judge said) they had only until last Monday, the 16th to sue again after they didn't show up in court. Link to comment Share on other sites More sharing options...
VonAngel (aka EarthAngel) Posted April 22, 2007 Report Share Posted April 22, 2007 So I just have to sit back and eat it until the 7 year time frame is up and watch while they keep adding interest to it? I guess the silver lining is (and I hopethis is right because it's what the judge said) they had only until last Monday, the 16th to sue again after they didn't show up in court.Yup. If they did not write the debt off w/ the IRS and sent you a 1099, then most likely, they can still legally add interest to the account. Accruing interest after a CO is still a muggy area. Several threads exist about it in full detail. You can do a search for them. WillingtoCope has explained it very well in many, many posts. Link to comment Share on other sites More sharing options...
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