NYMatt Posted April 17, 2008 Report Share Posted April 17, 2008 Probably because they can't. Citi CC got charged off. First it went to GC Card Services LP.Sent them a DV letter.Got nothing back.Then it went to United Collectons Bureau.Sent them a DV letter.Got nothing back.Got a dunning letter today from Cohen and Slamowitz LLP.I'll be sending them a timely DV too.The longer the chain of custody the better off I am. Link to comment Share on other sites More sharing options...
lovebug5 Posted April 17, 2008 Report Share Posted April 17, 2008 Is the OC (Citi) reporting on your CR's as well as the CA's? Or are the CA's not reporting and not continuing collection activity once you DV them? Link to comment Share on other sites More sharing options...
NYMatt Posted April 17, 2008 Author Report Share Posted April 17, 2008 Is the OC (Citi) reporting on your CR's as well as the CA's? Or are the CA's not reporting and not continuing collection activity once you DV them?I don't know.I haven't checked my credit report in a while. Link to comment Share on other sites More sharing options...
lovebug5 Posted April 17, 2008 Report Share Posted April 17, 2008 You're going through all of this without checking your CR's?? I could never do that! Link to comment Share on other sites More sharing options...
Robert Nashville/Savannah Posted April 17, 2008 Report Share Posted April 17, 2008 CA's don't validate because there is usually little if any "return" for them for the time, effort and expanse spent in doing so.CA's can only truly make money by collecting money quickly and easily - if they can't do that then there is very little advantage, if any, for them to expend any effort in validating...they simply move on to the next phone number on their screen.Of course, the larger the debt, the more likely they'll expend the effort because the potential reward if high enough to be worth it. Link to comment Share on other sites More sharing options...
TTigggers Posted April 18, 2008 Report Share Posted April 18, 2008 AgreedI also think some CA's just don't feel that they are required to validate and just look the other way when they get a DV. Link to comment Share on other sites More sharing options...
LoveToGod Posted April 18, 2008 Report Share Posted April 18, 2008 There is that 30 day window, and I imagine that many CA's are aware of how those in Texas can DV at anything, because it seem to be a unique thing, but in other cases the CAs know that most of the time are not bound to by law. The OC letter my work better in this case. Please don't tell me its just a letter to the OC. We all should know that CAs are DFs. That letter using FCRA 623 applies to DFs. If my cat were a DF it would apply to him too! Link to comment Share on other sites More sharing options...
TTigggers Posted April 18, 2008 Report Share Posted April 18, 2008 That would be 100% correct Joseph.I've been having good luck with the 623 letter. Link to comment Share on other sites More sharing options...
Amerikaner83 Posted April 18, 2008 Report Share Posted April 18, 2008 623 letters are the new "DV" Link to comment Share on other sites More sharing options...
fatherof3 Posted April 18, 2008 Report Share Posted April 18, 2008 Ok I'll bite, what is a 623 letter? Link to comment Share on other sites More sharing options...
Amerikaner83 Posted April 18, 2008 Report Share Posted April 18, 2008 it's the "dispute with original creditors" process, illistrated in the link at the top of the page. Named a 623 letter becuase it's disputing with the data furnisher in acccordance with FCRA Section 623. Basically, if you modify it to suit your situation, you can use it quite successfully against a CA. Actually, it can be used for ANYONE who reports on your CRs. Just remember - in order for it to be effective - you have to DISPUTE with the CRAs, and have the TL come back "verified". Once that happens, then you can go and dispute the accuracy of that TL directly with the data furnisher (CA, OC, whomever). And the really cool thing - they have 30 days to get back to you, same as if they're responding to a CRA dispute. None of the "never responded to me" crap that can happen with a DV. Link to comment Share on other sites More sharing options...
fatherof3 Posted April 19, 2008 Report Share Posted April 19, 2008 That will be my next letter to about 3 of my CC folks. Link to comment Share on other sites More sharing options...
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