aunieandreg Posted May 22, 2007 Report Share Posted May 22, 2007 I have disputed with GEMB 3 times and they verify but dont validate. They just sent me a letter stating they no longer have that credit info and to contact Arrow Financial for further assistance. They insist they are theorig. OCs etc. They just updated to show account charged off/sold andwas 120 days past due. Looking at a small claims case.Have copies of 3 dispute pages and certified letters I mailed them for each dispute. HELP Link to comment Share on other sites More sharing options...
nascar Posted May 22, 2007 Report Share Posted May 22, 2007 I have disputed with GEMB GEMB is an original creditor. They don't have to respond to a DV. As long as they are showing 0 balance, you don't anything on them. Link to comment Share on other sites More sharing options...
aunieandreg Posted May 22, 2007 Author Report Share Posted May 22, 2007 But thats the point. they are not the OCs. The account was not open with them or by them in 97. They factored the account from OC. Sorry for the confusion. Link to comment Share on other sites More sharing options...
nascar Posted May 22, 2007 Report Share Posted May 22, 2007 But thats the point. they are not the OCs. The account was not open with them or by them in 97. They factored the account from OC. Sorry for the confusion.Who was the original creditor? GE Money Bank (GEMB) backs an awful lot of cards. Link to comment Share on other sites More sharing options...
aunieandreg Posted May 22, 2007 Author Report Share Posted May 22, 2007 In 91 our card shows Bank-One. We opened it under that account and it wasclosed under that account in 94-95. GEMB factored it and claims it was opened by me, in 97, using my maiden name after I had been married almost 6 years. My ID would have reflected my married name. Link to comment Share on other sites More sharing options...
kevin3344 Posted May 23, 2007 Report Share Posted May 23, 2007 They just updated to show account charged off/sold andwas 120 days past due.Looks like they're reporting correctly, as long as it shows sold $0 balance. If it's over 7 years old the thing to do is to dispute with the CRA. Maybe it will fall off. Link to comment Share on other sites More sharing options...
aunieandreg Posted May 23, 2007 Author Report Share Posted May 23, 2007 Ok lets start again.GEMB is not the OC. Bank one is. Bankone no longer list on my credit report. Account was opened in 91 closed in 94-95. Still with Bankone. GEMB factors it -claims I opened it with them in 97-has payment recorod etc. They re-aged. Now I have disputet with them 3 times. It comes back verified. I ask for validation they refuse. Do I have enough to sue in small claims.3 printed dispute pages -3 certified letters-3 credit reports with info still listed. A letter stating they have no info on that account. Link to comment Share on other sites More sharing options...
kevin3344 Posted May 23, 2007 Report Share Posted May 23, 2007 Do I have enough to sue in small claims.Unless you can prove the re-aging I would say no. Dispute with the CRAs first, send them a letter telling them the 7 reporting time has run...see what they come back with. Link to comment Share on other sites More sharing options...
aunieandreg Posted May 23, 2007 Author Report Share Posted May 23, 2007 OKshould I send a copy of the letter that states they have no info on that account and to contact Arrow. Would my question to the credit reportingagency be how can GEMB verify if the letter they sent me shows they have no info??? Link to comment Share on other sites More sharing options...
Leadhead Posted May 23, 2007 Report Share Posted May 23, 2007 Ok lets start again.GEMB is not the OC. Bank one is. Bankone no longer list on my credit report. Account was opened in 91 closed in 94-95. Still with Bankone. GEMB factors it -claims I opened it with them in 97-has payment recorod etc. They re-aged. Now I have disputet with them 3 times. It comes back verified. I ask for validation they refuse. Do I have enough to sue in small claims.3 printed dispute pages -3 certified letters-3 credit reports with info still listed. A letter stating they have no info on that account.You can sue them for violating FCRA 623(, as long as you disputed with the CRA's. Hitting GEMB with dispute letters certainly helps your case. Link to comment Share on other sites More sharing options...
kevin3344 Posted May 23, 2007 Report Share Posted May 23, 2007 Standard dispute. Anything you send them they won't read anyway. Tell them the 7 year reporting time is up and wait for their response. Link to comment Share on other sites More sharing options...
aunieandreg Posted May 23, 2007 Author Report Share Posted May 23, 2007 Thanks all Will hold my horses and gather more info to go after them. some of my proof is I have the orig credit cards from 91 and it clearlystates Bankone as the creditor. My mother opened her best buy account in 96-97 and its still under Bankone. Bestbuy is NOW under HSBC. Link to comment Share on other sites More sharing options...
kevin3344 Posted May 23, 2007 Report Share Posted May 23, 2007 You can sue them for violating FCRA 623(, as long as you disputed with the CRA's.Be sure you dispute with the CRAs as the previous poster mentioned. My naca atty told me to do that FIRST! Link to comment Share on other sites More sharing options...
aunieandreg Posted May 23, 2007 Author Report Share Posted May 23, 2007 Should I also ask for MOV. Or just leave it at the reporting time expired. Link to comment Share on other sites More sharing options...
aunieandreg Posted May 23, 2007 Author Report Share Posted May 23, 2007 just looked at my last dispute letter to TU and EQ. EX would not let me re-dispute it again. They verified it on EQ. Still waiting for TU which is due 6-6-07. Will keep in touch. Should I write EX with my new dispute reason???And when I mean verified I mean for timeline re-aging and OC not listing anymore. Link to comment Share on other sites More sharing options...
kevin3344 Posted May 23, 2007 Report Share Posted May 23, 2007 No need for a MOV. If they verify it as being reported correctly that's all you need. Send it CMRRR. Link to comment Share on other sites More sharing options...
direred Posted May 23, 2007 Report Share Posted May 23, 2007 Ok lets start again.GEMB is not the OC. Bank one is.Was it in default when GEMB acquired it? If so, they are subject to the FDCPA. Link to comment Share on other sites More sharing options...
aunieandreg Posted May 24, 2007 Author Report Share Posted May 24, 2007 yes they GEMB bought it from Bankone in 97. They list it as opened in 97.The card was orig. Bankone. We just found an old 98 citi finacial contract(consolidation loan) that list Bestbuy as being pd in 98 under that contract.they probley sent the check to BOne since thats who we dealt with on the bill. Bank one does not list on our CR. We had never heard of Arrow until theytried to sue us Link to comment Share on other sites More sharing options...
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