Priceless Posted December 7, 2007 Report Share Posted December 7, 2007 Hope I explain this so it makes sense and that I am posting this thread in the correct location….am planning to dispute several collection TL with the CRA's for Truth & Accuracy. I have original cc statements, bank statements and initial CA letters for both CA TL since DOLA & DOFD. My questions are simple:1Q – Would my best bet be to contact the CRA’s and request Verification of the below accounts based on Truth & Accuracy?2Q – How much documentation (copy of cc statement, collection letters, etc) should I include in the DV, if any? How much detail should I give under reason requesting verification?3Q – Should the letters also include request for verification on accounts (none of the above) that are showing up as having been paid late? Or should I keep to specifics’ per DV letter? After all, the more letters the greater the opportunity for the CRA’s to make a mistake (violation)…but then…perhaps the heavier the request the more time they may take to reply…just thinking.Details of each CR: (ALL 3 CR's obtained from the freecreditreport.com site) TU - OC (BofA) list Past Due amount as zero with highest balance of $6,531. Technically, the OC was Nations Bank who merged with BofA. Date Opened: 8/2000Date Closed: 9/2002Date Paid: 8/2003Account Type: RevolvingResponsibility: IndividualDate last updated on CR 07/2006. Pay status: Charged off as Bad Debt. CA (BofA) on the CR is NCO, it list the Original balance as $6532. The Original Creditor is listed as NCO assignee of BofA. The CA’s TL shows the date placed for collection as 1/2006, first collection letter was received in 11/2004 with a balance of $5,145.56. Obviously the account was placed with CA 14 months earlier and each CA letter since the Charge off shows a bigger amount due. The second CA (Citibank) also NCO, list the Original balance as $2476.There is no TL from the OC on the CR.The CA TL shows the date placed for collection as 9/2005, first collection letter was received in 7/2004 with balance of $1,470.81. EX - OC (BofA) list account status as Charged off/pass due 150 days. $3,509 written off. Again, the OC was Nations Bank who merged with BofA.Date Opened: 8/2000Type: RevolvingReported Since: 9/2000Date of Status: 3/2004 Date last updated on CR 07/2006. Recent Balance $0 as of 7/2006Creditor Statement: Purchased by another LENDER1st CA on CR:NCO Fin/22Original Creditor: NCO/Assignee of BofA List account status as Collection account. $11,707 past due as of 11/2007Date opened, Reported since & Date of Status all listed as 1/2006Last reported: 11/2007Type: InstallmentTerms: monthlyCredit limit/Original amount: $6532Recent Balance: $11,707 as of 11/20072nd CA also NCO fin/22: Original Creditor: NCOP-Purchaser from Citibank List account status as Collection account. $11,707 past due as of 11/2007Date opened, Reported since: 9/2005Date of Status: 8/2005Last reported: 11/2007Type: InstallmentTerms: monthlyCredit Limit/Original Amount as $2476Recent Balance: $4,853 as of 11/2007EQ – Listed under Negative Acct History*OC (BofA) list account status as Charged-off with $0 BalanceAccount Owner: individual accountType: revolvingDate opened: 8/2000Date of Late Payment: 8/2003Date Reported: 7/2006Schedule Payment Amount: $0Date Major Delinquency first reported: 04/2004Creditor Classification: BLANKCharged off Amount: $3,509Date Closed: BlankComments: Charged off accountActivity Description: Transfer/SoldType of loan: credit cardCA – NCO FIN/22 (BofA)**Current Status: BLANKAccount Owner: Individual AccountType of Account: OpenDate opened: n/aDate reported: 11/2007High Credit: $6532Credit Limit: $0Balance: $11,707Amount Past Due: $11,707Date of Last activity: n/aMonths Reviewed: 7Type of Loan: Factoring Company Account (debt purchaser)Comments: Collection AccountCA – NCO FIN/22 (Citibank)**Current Status: BLANKAccount Owner: Individual AccountType of Account: OpenDate opened: n/aDate reported: 11/2007High Credit: $2,476Credit Limit: $0Balance: $4,853Amount Past Due: $4,853Date of Last activity: n/aMonths Reviewed: 7Type of Loan: Factoring Company Account (debt purchaser)Comments: Collection AccountOn the EQ CR *These TL accounts appear once each, under various headings, for a total of 3-4 times. Those headings are: “Negative Account History”, “Accounts Currently Past Due”, “Accounts Closed” and ** accounts are included in above headings as well as “Other Accounts” heading!!! I’m totally being tattooed here!!!!!!Note:NONE of the collection TL’s appear under the “Collections” heading on ANY of the 3 CRA’s. The DOLA was 8/2003 and the balances were:BofA: $3,685.36 / Citibank: $1,959.46There is no OC TL for Citibank account on any of the CR’s.The only OC in Collections who continues to report is BofA and as mentioned above, the Original OC was Nations Bank who then merged with BofA.At present, NCO is the only CA that appears on the CR for BofA & Citibank. Although, I have received and continue to receive collection letters, with varying amounts due, from numerous CA’s. There you have it! I hope I did not put to much info into this request for help. Link to comment Share on other sites More sharing options...
Big Time Posted December 8, 2007 Report Share Posted December 8, 2007 If you request anything, they will just tell you it is accurate. DV is mostly for CA's.On old stale accounts like that, I disputed them online and most of them came off. I think I claimed that the dates were wrong and that they were paid off, and most of them ended up deleted, but it was two years ago.Not everyone agrees, but an online dispute is a good place to start to see what falls off. Link to comment Share on other sites More sharing options...
Priceless Posted December 9, 2007 Author Report Share Posted December 9, 2007 If you request anything, they will just tell you it is accurate. DV is mostly for CA's.On old stale accounts like that, I disputed them online and most of them came off. I think I claimed that the dates were wrong and that they were paid off, and most of them ended up deleted, but it was two years ago.Not everyone agrees, but an online dispute is a good place to start to see what falls off.OK I did it. Just finished submitting my first on-line dispute for ALL of the above with TU. Said most data on TL's were inaccurate...which is 100% accurate, their ALL wrong!Will let CIC know when I hear back from THEM.Thanks for the Help! Link to comment Share on other sites More sharing options...
Priceless Posted December 10, 2007 Author Report Share Posted December 10, 2007 Almost forgot...should I start the DV process with the CA now too or wait for the CRA reply?Thanks! Link to comment Share on other sites More sharing options...
Big Time Posted December 10, 2007 Report Share Posted December 10, 2007 With older, stale accounts, it's best not to remined the CA about you at all.The 1-2 punch is mostly for new collection accounts. Link to comment Share on other sites More sharing options...
Priceless Posted December 10, 2007 Author Report Share Posted December 10, 2007 Thanks for your help Big Time. I'll take your advise:) Link to comment Share on other sites More sharing options...
Big Time Posted December 10, 2007 Report Share Posted December 10, 2007 Here's some advice, learn to speel.HAHAHAHAHAHAHAHA! i'm sleepy Link to comment Share on other sites More sharing options...
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