brainded Posted January 24, 2012 Report Share Posted January 24, 2012 I'm disputing a old paid collection on my report with all 3 Credit companies. I sent the CMRRR's and have received 1 notice back saying the debt was verified.Should I wait to hear from the other 2 before I move forward with asking the original creditor to verify?Also, I guess I am seeking a confirmation that this is indeed the next step. The debt is listed as paid, but in the negative section becuase it went to a collection agency and has a late.. When I called the original creditor, not the collection, they had no proof of the debt..Do i need to send the 623 method letter to the original creditor now or the collection agency who is reporting it? Do i need to call the Credit Bureau to tell them I disagree and ask them how they "validated" this debt? Link to comment Share on other sites More sharing options...
brainded Posted January 24, 2012 Author Report Share Posted January 24, 2012 Here is a picture of how it appears... Can't post pics or linksbrewerscubs.com/images/DOC012412{DOT}jpg Link to comment Share on other sites More sharing options...
thomassl Posted January 24, 2012 Report Share Posted January 24, 2012 I'm disputing a old paid collection on my report with all 3 Credit companies. I sent the CMRRR's and have received 1 notice back saying the debt was verified.Should I wait to hear from the other 2 before I move forward with asking the original creditor to verify?Also, I guess I am seeking a confirmation that this is indeed the next step. The debt is listed as paid, but in the negative section becuase it went to a collection agency and has a late.. When I called the original creditor, not the collection, they had no proof of the debt..Do i need to send the 623 method letter to the original creditor now or the collection agency who is reporting it? Do i need to call the Credit Bureau to tell them I disagree and ask them how they "validated" this debt?You will have to respond to all three separately if the collection appears on all three any way. On the one that was verified, I would send them the letter on the how, when, who, where, etc. it was verified. Make them prove to you how it was verified and who verified it. If the debt is listed as zero (charged off) by the OC, then it is no longer in their hands as the debt apparently has been sold. This would explain a zero balance on their end but a balance due on the collector's side. I would respond to the one I received an answer to and wait to see if it is appearing on the others. Remember, always send your request certified mail. If you talk to anyone at the credit bureaus, keep a log. ++ Link to comment Share on other sites More sharing options...
brainded Posted January 24, 2012 Author Report Share Posted January 24, 2012 Thanks Thomassl -So for clarification to your post, my next step of action would be to send the Bureau a CMRRR asking how / who verified the account? What does this accomplish or what is the desired outcome? I guess I don't see why I need the CMRRR for this as I dont see how it is an improvment from obtaining the info over phone, documenting it, in an attempt to expedite this process.. Also, after I get the info, this is when I send the collection agency the 623 investigation letter? Link to comment Share on other sites More sharing options...
thomassl Posted January 24, 2012 Report Share Posted January 24, 2012 The desired outcome is for them to prove how this account was verified. Sending your documentation certified maintains a more reliable paper trail as they can always tell you that didn't receive it and you have no proof! You are sitting waiting for a response, which is usually 30-45 days only to call and they tell you they didn't receive it! This is a stall tactic used many times. Certifying your paper trail as well as keeping a diary helps you if you need to sue. I did this with one CRA in particular and they were amazed how I had all documentation down to a "T". Knowing they are accountable forces them to do what they are supposed to do. Once they verify, which they have to do it as you have asked, and it still comes back that way, ask them to give you the name and address of who they verified this information with. In my cases, they could not verify and had to remove them! Link to comment Share on other sites More sharing options...
brainded Posted January 24, 2012 Author Report Share Posted January 24, 2012 So what if they write back and tell me they verified with the automated tool, oscar? I'm sure this is what they did.. Is this not an acceptable form of verification under credit the laws? Link to comment Share on other sites More sharing options...
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