One question at a time. Is there such thing as a "master credit report"?

[rodney0126]

Pertaining to "collections"

I'll start off with one theme in one thread at a time to divide the subject matter. Also, I've "googled" my question first and found nothing remotely close to what I was looking for.

Is there such thing as a "master credit report" or something by some other name that will show every entry on your credit reports you've ever had in your life since you first started to receive entries? ( or maybe one that shows "bad debt' for more than 7 years after it has fallen off, even though the cra's can't use it against your reports or scores.) If so, how can you obtain one. If you can obtain one, do they (who ever "they" may be) have to give it to you for trial or lawsuit purposes if you ask for it?

Reason for asking----How can you prove an old "bad debt" has been on your reports and have since fallen off, no matter what the entry? Ie...charge off/write off then it maybe changed to a "collections" when a ca pursued it at some point. Those (or that) entry was on your report at one time, but due to the 7 year law thing...it has since fallen off, but you hadn't pulled (or never pulled) a credit report in years. I would think at some point the original creditor would not have any records on you or your account after some period of time after an account has been closed or "written off". 7 years, 10 years, 20 years.....or do they? If they do...would asking for my past statement of account reactivate a bad entry on my credit report by them or a ca? Can they legally do this if they did? I'd be asking the oc for the statement of account to show it's past the SOL in court. Obviously I wouldn't tell the oc this.

Pertaining to this question---Does anyone know for a fact, that a court of law reasonably expects a normal person to have evidence of (bad) debts (ex. statements, receipts) after a certain number of years? If so, how many years does the courts expect someone to keep a record of debt or an account after it's been closed by time (7 years and fell off your reports), judgments or collections or whatever.

[chrismg]

There are a lot of "ifs" in your post.

Maybe you could explain your entire situation and try to get advice that way.

[bigswanging23]

You're still worried about this 17 year old $300 dollar debt, aren't you?

If you're really worried about it, pick up the phone, call whomever it is who owns your debt now and settle it. You could probably get out on the cheap...10 or 15 bones would probably do it.

[rodney0126]

I did and made someone and his fan club upset at me.

Right now, in this thread, all I need to know is...if I have no way of showing that an old "bad" debt has been on my credit report for 7 years and has since fallen off....and the debt is 17 years old and another is over 7 years old (I presume because it was from providian and I don't see them NOT putting a bad entry on someone's report) and I have no records because the debts are so old I never kept any and I never pulled my credit reports back then. Only once in 97 I think. I know one was a charge off for sure (I seen my credit report back in 97 or so) and the other I'm assuming was either charged off or sold to a ca that waited to long....Then how do I go about getting the information I need to show proof that the 17 year old debt, is indeed 17 years old and the providian (over 7 year debt) is also past SOL?

This is a re-wording of my "reason for asking" in my first post. The longer story is in the "Is UPS just as good as a certified letter with a green card?" thread.

Yes, I've recently been contacted by both ca's within a week, last week. The popular response seems to be to send them a FOAD letter and forget about it. While that sounds nice and ballsy....if this goes to court, I stutter pretty bad and I'm the one who will have to pay a lawyer to speak for me because of it. So, hopefully someone will humor me on this and assume that I really would like to know in case they call my bluff. My luck...I'll be that 1 in 500,000 that they actually do take to court on a 17 year old or 8/9 year old debt just in case I don't have any paperwork on the debts. I think if I was a collector, that's what I'd assume.

Apparently the ca doesn't have to send anything and if they do....they can take a million years to send it, and IF they send it...apparently it's totally useless to me, according to a popular poster on here. So....I'm hoping someone will tell me something that I can use to my advantage besides a poker bluff.

So, I'm trying to break the situation down in small segments because I'm long winded and it can break off into a few more different branches. No one really likes to read a long post. I thought this might be better.

Besides...the more I talk on here, the greater my chances are of offending someone with my warped sense of humor no one gets.

[rodney0126]

BigSwanging,

No offense....but, wouldn't it be easier to just answer the question?

Besides...I've already said there are 2. the other one is about 2200.

I mean...I didn't put your hero through this much BS. LOLOLOLOLOl.

I found this site from "google" pertaining to a question. Maybe another new guy will find this site off of this same question or questions and his debt is 10,000.

[rodney0126]

Since people seem to be stuck on the 17 years and 300 dollars.....for arguments sake lets say it's $50,000 and it's only 8 years old. How's that? I don't see what the difference would be in the answers to someone who simply just wants to know.

Where's BTO at? He'll answer my question. BTOOOOOOOOOO!!!!!!!!!!!! LOLOLOLOLOL :lol::lol::lol:

[bigswanging23]

Well, to answer your original question about if there actually exists a "master credit report"...yes, absolutely. If you apply for certain government jobs, or if you need a particular security clearance, the man can access this information.

Now, how does the average Joe consumer get his hands on this report?

I don't know.

You'd probably have to drop some coin. Which brings me back to my first point...just settle this debt if you're worried about it; I bet you could settle it cheaper and with less time spent than trying to obtain your double-secret master credit file.

[rodney0126]

well...I went on to say in my original post:

Can I contact the oc and would they have it on file, my statement of account that is?

Do the oc's routinely have a cut off point, when they just throw the files away?

Would contacting the oc re-age or put the (now gone and off) bad entry back on my credit report, legally?

Basically....is there a way to obtain your account and payment history information that is in excess of 7-10 years old from the oc, that you no longer have, without it adversely affecting your credit report and making you have to fight the credit report battle by asking for it?

I know I said "question" in the title, but I tried to change it to "theme".

I know, I know....just pay them and be done with it. Seems out of all the threads I've read on here so far...I seem to be the only one to get this response. Anyone care to pay this for me? anyone?

Maybe I need to put an avatar up or something. Think that will help? I know....next time I'll just say it's a much larger amount and just 7 years old. LOLOLOLOLOL. (If you can't laugh, there's something wrong with you.)

[bigswanging23]

Can I contact the oc and would they have it on file, my statement of account that is?

Some OCs keep meticulous records for many, many years (Amex, Cap1). Others got nuttin'. People probably have different opinions, but I think calling the OC--especially since you're way out of SOL--is a good place to get the information you seek.

Would contacting the oc re-age or put the (now gone and off) bad entry back on my credit report, legally?

No. No worries there. Making a phone call to get information doesn't restart SOL.

Basically....is there a way to obtain your account and payment history information that is in excess of 7-10 years old from the oc, that you no longer have, without it adversely affecting your credit report and making you have to fight the credit report battle by asking for it?

Again, attempting to get info. from the OC doesn't adversely affect your credit report. They may or may not have it. Chances are, once you call them, they'll tell you to call the JDB since they're way out of the picture anyway. But regardless, a phone call to the OC is fine.

I think that was everything.

Yes?

Yes.

Time for another beer.

[rodney0126]

ROFLMAOOOOOOOOOOOO

Yeah dude. That was it. LOLOLOLOLOL. Thanks for putting up with me BigSwagging. Your alright!

(extremely helpful!)

[Cynic]

The CRAs have internal records, that likely have more information then what's available in your credit file. I don't personally know how long they keep them, but it's both possible and probable that they retain records longer then when they remain on your credit report.

I'm not aware of any law that would entitle you to a copies of records that can no longer be legally included on your consumer report.

I would assume each CRA has their own "master" record for each consumer. That means at least 4 "master credit reports".

[Ahntara]

The CRA's probably have all of the data ever reported on us. Nothing gets 'deleted' or 'removed' after 7 years - it only gets suppressed. We know this from the FCRA itself, 1681c, Subsection 605(.

Consumers only have access to the last 7 - 10 years, their standard Consumer File (copy) from EQ, EX & TU. There is no way to get (the) additional info, even if they "...drop some coin...".

If you read that section of the FCRA, you'll see that it would be quite easy for someone with PP to see a CR that contains this older, additional info. Truth is, the client/subscriber has to qualify their inquiry and pay fees for access. VERY few of them actually do that.

Pursuing this through the CRA's is not going to provide you with the info you seek.

[BTO429]

There is a master file somewhere, when I got my security clearance they had everything I ever had in my cr and they questioned me about everyone of them.

As far as us getting a copy of it, be easier to build a house with match sticks.

The FBI do the security clearances so they can get anything.

even when a bank runs yer credit they only get the 7 to 10 years.

[flacorps]

The "master credit report" exists and it goes by two names and it can be used for 3 purposes.

It's called the "Residential Mortgage Credit Report" (RMCR) or "full factual".

It can be used when a job pays over $75k, it can be used for life insurance, and it can be used for loans of any type over $150k. Historically it hasn't been used much, at least in the mortgage world. Even jumbos just used a plain 'ol tri-merge.

....but, now it's being used more. And it often must be used to tease out correct info if the mortgage applicant has filed BK in the last 7 years.

It costs more, but any mortgage broker can pull it.

[Ahntara]

RMCR's are tri-merged reports that use raw bureau data, additional investigated info (to fulfill requirements of info covering the past 24 months, if any is missing) wherein the consumer is interviewed. Typically, this information-product is used by the mortgage industry in conjunction with a loan. They are very labor intensive and thus, expensive. A full-factual is probably a brand name for RMCR.

They only cover the typical 7 - 10 year time period, but MAY, by virtue of the FCRA, contain info from longer time period. This would add to the (already high) cost and have to be specified. Such a report is extremely rare.

[flacorps]

They are very labor intensive and thus, expensive. A full-factual is probably a brand name for RMCR.

More likely it would be the term for such a report when used for a purpose other than the purchase of a home.

[rodney0126]

I take it that the average joe has no way to get this on his own?

Can banks get it or does it have to be a mortgage broker?

I know someone in a bank and he may be able to get it for me if banks are able to.

Again.....the sole purpose of it, for me, would be to see when 2 old debts have fallen off. I'm trying to think of a way, any way, to find information out about a couple of old debts that I no longer have any records of and have since fallen off my reports. If I call the oc's and they have no records, will not send me any records (statement of account) or just refer me back to the collection agencies then I'm kinda in a pickle as far as proof the debt is past SOL if they call my bluff and it goes to court. Does anyone have any ideas if the oc's can't help me? I guess I could try the "water boarding" technique on the collection agent, but the courts might frown on that.

[flacorps]

It's worth calling your bank guy.

Make sure that what you ask for is the full file going all the way back (not just 7-10 years).

You'll have to pay for it ... remember that. I've seen $150 being charged for the things. But if it's a case-maker or a case-breaker, it could be well worth it.

[rodney0126]

Thanks Flacorps! Much appreciated everyone.

[jasen]

Well, to answer your original question about if there actually exists a "master credit report"...yes, absolutely. If you apply for certain government jobs, or if you need a particular security clearance, the man can access this information.

Now, I certainly wouldn't doubt it. It would make sense--instead of deleting these entries from the database when they age past the 7.5 years (or are successfully remove by the consumer) they merely toggle a "visible" flag, making it not show up on standard reports anymore.

This then would raise a whole other question--are they within the law? Flagging bad tradelines as invisible is not the same as deleting them. I'd be especially interested to see if they truly delete ID theft related tradelines.

[Ahntara]

If you read the FCRA you'll see different verbage used for accounts relating to ID theft. Search for the term 'permanently block' in 1681c-s, Subsection 605B. That being said, I don't think the CRA's have a problem with their suppression techniques. I know of no one who has seen post-RP data on a consumer report, although it absolutely exists in CRa files.