win270 Posted July 30, 2007 Report Share Posted July 30, 2007 Wandering if ELITE-CA Can Send me a Collection Letter before Reporting to CRA?Will it do any good to send DV to them before they report to CRA? I was going to Dispute OC Last payment date. Should I go Ahead with this or wait?Thanks for any help! Link to comment Share on other sites More sharing options...
razr Posted July 30, 2007 Report Share Posted July 30, 2007 Wandering if ELITE-CA Can Send me a Collection Letter before Reporting to CRA?Sure, there is no law saying they have to report anyhting.Will it do any good to send DV to them before they report to CRA?If you got a dunning letter from them, you should DV.I was going to Dispute OC Last payment date. Should I go Ahead with this or wait?Dispute with the CA? Nah, don't do that. Just send them a short DV that says " RE: ACC#123455I received your dunning letter dated 7-29-07. Your claim is disputed, validation is requested".-r Link to comment Share on other sites More sharing options...
win270 Posted July 30, 2007 Author Report Share Posted July 30, 2007 Thanks razr.Sending DV out today.Was going to dispute the OC Date of last payment with CRA not CA.Sorry, I should have put that in my post. Link to comment Share on other sites More sharing options...
razr Posted July 30, 2007 Report Share Posted July 30, 2007 Was going to dispute the OC Date of last payment with CRA not CA.For me, disputes are all or nothing. I dispute everything as "not mine". -r Link to comment Share on other sites More sharing options...
win270 Posted July 30, 2007 Author Report Share Posted July 30, 2007 Thanks again razr You've been a big help.I will try the all or nothing <as not mine> first.Can Allways dispute last pay date if that fails;)I know its wrong and I can prove it. Link to comment Share on other sites More sharing options...
IHateCAs Posted July 30, 2007 Report Share Posted July 30, 2007 This is interesting. Normally people complain because they think the CA has to notify them before they report.At any rate, they can do either in any order you want. Don't waste your time with a not mine dispute to the CRAs unless it's mistaken identity. Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted July 30, 2007 Report Share Posted July 30, 2007 They had BETTER send me a letter before reporting. I know there is question as to whether this is a violation of the FDCPA, but as far as I'm concerned, I'm using it!15 U.S.C. § 1681s-2 (7)(7) Negative Information(A)Notice to Consumer Required(i)In general. If any financial institution that extends credit and regularlyand in the ordinary course of business furnishes information to a con-sumer reporting agency described in section 603(p) furnishes negativeinformation to such an agency regarding credit extended to a customer,the financial institution shall provide a notice of such furnishing ofnegative information, in writing, to the customer.(ii)I know, this could mean that they can notify you AFTER they have reported, however, it could be a crap shot in court and if the debt isn't worth the CA defending it might persuade them to delete. Link to comment Share on other sites More sharing options...
IHateCAs Posted July 30, 2007 Report Share Posted July 30, 2007 bigjohnstudJDBs and CAs are not financial institutions that extend credit. Link to comment Share on other sites More sharing options...
win270 Posted July 30, 2007 Author Report Share Posted July 30, 2007 I missunderstood Thought that the 1 2 punch would be the only reason for dv. I get it now. If I DV they may never report or be legal Reporting To CRA.Thanks to all. Link to comment Share on other sites More sharing options...
aadam101 Posted July 30, 2007 Report Share Posted July 30, 2007 Why DV if they are not reporting? I have received many things from CA's and have ignored them all. They have never reported on my CR. Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted July 30, 2007 Report Share Posted July 30, 2007 Why DV if they are not reporting? I have received many things from CA's and have ignored them all. They have never reported on my CR.If you don't DV then you lose some rights under the FDCPA. They CAN report if they choose to after your failure to DV. If you didn't DV and then decide to after they are reporting, they are not required to stop collection practices until validation is provided which means, they remain on your CR. If you DV before they report and they never respond to your DV and then report, they have broken the law.bigjohnstudJDBs and CAs are not financial institutions that extend credit.If the CA/JDB is claiming your debt to be an "installment" account or a "factoring company", would you say they are taking the role of a financial institution? Not trying to argue, just wanting to get some opinions on it. I guess this should probably be it's own thread. <shrug> Link to comment Share on other sites More sharing options...
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