When I try to remove charge off - still pending

[neotpe]

I have a charge off Providian Account. Show $0 balance with charge off/transfer/ sold/ rating and will be fall off on March 2009.

I tried to get rid of it and I did the following things:

1. Sent Certified mail twice to Providian ask for verify the debt. No any response. (took me 2 months)

2. Sent 2 return receipts from Providian to 3 credit bureaus and ask them to remove the incorrect record. 3 bureaus all get back to me verified. (Took me another 1 month)

3. Sent MOV to 3 credit bureaus. I got the following different result: (took me another 1 month)

(1) Transunion:

Re: Verification Documents not Available.

They mention in their mail "they do not provide dispute verification response received from creditors."

(2) Equifax:

They keep sent me the same letter (Same as verified letter) even though I am asking for MOV.

(3) Experian: They send me a credit report with no any information in "Item we investigated" area.

Normally, every time I dispute something, they will send me their whole credit report with a cover letter. The cover letter has a area call "Items we investigated". But I got 2 this kind of letters from Experian but nothing show on it.

Conclusions:

1. I thought Credit bureau has responsibility to let us know how they verified the debt with creditor, why transunion said in their letter they do not provide dispute verification response received from creditors? Is this mean MOV actually do nothing at all?

2. I called experian and ask who did they talk to with the creditor and I need the name to call and verify it. They are very rule and told me they already verified and I need to call them by myself. They give me the telephone number only. They don't want to tell me any more information.

I really thing calling credit bureaus is no help for remove the charge off item.

I also think experian just send me whatever (like a credit report with no result information) so I can't said they didn't response to me.

3. Equifax keep send me the same letter too and tell me if I do not agree, I can ask for MOV. But when I ask for MOV, they send the same letter again to me. Again and again.

4. Although I can successfully get rid of collection company from my credit report, the same debt of original credit's charge off/ sold/ transfer to another lender record will be a difficult mission to remove from the credit report.

5. I really doubt 3 credit bureaus really verify the debt with providian. I also believe providian has no record about this debt.

I think there are a lot of people should have the same problem. What should we do next? Keep sending the letter to 3 credit bureaus? or anything I can do?

[neotpe]

I am still looking for the solution to remove the charge off.

I talked to a wells fargo banker today and he suggest me to sign up an identity protection program. (I think a lot of banks and CRA has those AD on their websites)

He said they will have person dispute it for you. They will assign a rep. for you and dispute for you. I told him I dispute it by myself more than 3 times with 3 credit bureaus but all have "verified" result, but he said try to use ID protection program and see what happen.

I just signup for one month free. I will see if I have any good luck to remove the charge off.

any one try those program? I will update my post when I have any news.

[LNY]

So they keep verifying a valid item? That's what I'm getting from this.

Why do you think the CRAs should be removing this item? Is there something inaccurate about it?

[neotpe]

The reason I keep dispute it because this is not mine. why something not mine need to be on my credit report.

I already successfully remove the collection company but not the original creditor(chage off rating).

If something charge off in your credit report and not yours, will you dispute it?

I will keep send out letters to 3 credit bureaus. I just got a FA today from Transunion. I will see what happen and update this post.

[LNY]

The reason I keep dispute it because this is not mine. why something not mine need to be on my credit report.

I already successfully remove the collection company but not the original creditor(chage off rating).

If something charge off in your credit report and not yours, will you dispute it?

I will keep send out letters to 3 credit bureaus. I just got a FA today from Transunion. I will see what happen and update this post.

Calm down. You never said in either of your posts that it wasn't yours.

[neotpe]

Today Equifax update my report again for collection rating. This cause me another 42 point drop.

Every month they update the report, my credit score drop.

I don't know who still update my credit report in equifax. this is a 6 years old charge off record but they keep updating the "account history with status codes"

I also noticed they didn't update anything before I disbuted this charge off record. Now my score drop more than 80 points because they start update my file "L" (means charge off) in my equifax report.

What can I do to stop them keep update things like that?

My Experian and Transunion already 700, but my equifax today is 604