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Minor with Negative items on Credit Report


Terri123
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My niece is now 19 and lives in California. She applied for a credit card when she turned 18 and found numerous negative items on her credit report.  To be perfectly honest, half of them she has no clue about and about half were done by her own mother.  Because of her mother's immaturity level among other things, her children have been removed from the home and are foster children.  She does not want to file a police report and have anyone come after her mother.  Most of the items were done about three to six years ago.  My niece thought she would wait it out and then another item popped up about a year before she turned 18.  I told her if her mother  (or anyone else) does anything like that again, it doesn't matter how much she loves her mother, she has to protect her credit.  As soon as she found out, she put a block on her credit.  We tried getting her a new social security number, but long story short they told us it was not possible.   She has about eight negative items on her credit report.  She was able to remove three by simply disputing them and calling the company. 

Question:  If she was a minor, does she have to file a police report to get this off her credit report?  I feel so bad for her, but I really don't know how to help her. 

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@Terri123

She can contact the individual credit reporting agencies and get their recommendations.   

Perhaps it's possible that she could contact the individual creditors and explain that the accounts were the result of ID theft due to the fact that she was a minor.  However, those creditors might request a police report.

There's no way of knowing until she starts making some calls.

Note:  Negative items may only remain on your CR for 7 to 7.5 years from the date of first delinquency.  Any negative item that has a date of first delinquency as 6 years ago will fall off in a year or so.

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By law no, minor can be in a contract until they are 18 or become emancipated. If she can show the credit bureaus all the different accounts that were opened before she was 18, there shouldn't even be a problem with them getting removed. If the credit bureaus won't budge, then have her file a police report. 

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Guest A Brice Consult

It's amazing how you say advertising is prohibited and the information I've provided in the past is incorrect. You should check our credentials...the laws that are put in place to  protect consumer's rights are just that...laws. And there's no getting around that. So what we reply to is what's in the best interest of the consumer and are factual. Oh but I forgot if it isn't Lexington Law, it isn't accurate. So afraid of the competition.

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10 minutes ago, A Brice Consult said:

It's amazing how you say advertising is prohibited and the information I've provided in the past is incorrect. You should check our credentials...the laws that are put in place to  protect consumer's rights are just that...laws. And there's no getting around that. So what we reply to is what's in the best interest of the consumer and are factual. Oh but I forgot if it isn't Lexington Law, it isn't accurate. So afraid of the competition.

This has nothing to do with Lexington Law.  We do not allow any poster to advertise who does not have that authority.  You do not have that authority.

The last time you were here to "help", you provided incorrect information and were shown the law in the form of the language of the FCRA.   Anyone who claims talking to a collection agency is considered activity on a credit report doesn't know the law.  Anyone who claims that  activity such as speaking to a CA will reage a credit report entry and cause it to remain for another 7 years doesn't know the law.

If you can prove your past claims with more than your opinion, please do so.   Or has your opinion changed?

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Guest A Brice Consult

That's not law...that's facts based on research and evidence. Why are you debating? Just research and you'll find these to be facts for yourself. Have a nice day, moderator! ;)

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16 minutes ago, A Brice Consult said:

That's not law...that's facts based on research and evidence. Why are you debating? Just research and you'll find these to be facts for yourself. Have a nice day, moderator! ;)

Law is not fact? 

I was the one who posted the FCRA and facts for you the last time you were here.   You failed to provide any law or evidence to support your claims, so they were not facts.  

Care to provide that law and evidence now?

 

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Guest A Brice Consult

Negative re-aging is changing the delinquency status of an account to fool the credit bureaus into thinking it’s more recent than it really is. Negative re-aging is illegal and if it occurs, the collection would remain on your credit reports longer than the seven years currently allowed by the Fair Credit Reporting Act. Some collectors do this intentionally and some do it accidentally. Regardless, you need to make sure that the collection doesn’t stay on your credit files any longer than allowed by law.

How long is that? Collection accounts may be reported for seven and half years from the date you first fell behind with the original creditor. That’s true regardless of whether the account is paid, unpaid or settled in the meantime. If a collection agency re-ages the original date of delinquency it is likely breaking the law, and the consumer should contact the Consumer Financial Protection Bureau and/or a consumer law attorne. Via: Credit.com 

Primarily that is the fact that I was referring to.. should consumers contact collection agencies regarding credit accounts. Unbenounce to consumers, collection agencies have a way of re-aging accounts which happens to be illegal...but it's done and it's done often! Thank you very much. Now once again Mr.Moderator do the research and have a nice day.

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6 minutes ago, A Brice Consult said:

Negative re-aging is changing the delinquency status of an account to fool the credit bureaus into thinking it’s more recent than it really is. Negative re-aging is illegal and if it occurs, the collection would remain on your credit reports longer than the seven years currently allowed by the Fair Credit Reporting Act. Some collectors do this intentionally and some do it accidentally. Regardless, you need to make sure that the collection doesn’t stay on your credit files any longer than allowed by law.

How long is that? Collection accounts may be reported for seven and half years from the date you first fell behind with the original creditor. That’s true regardless of whether the account is paid, unpaid or settled in the meantime. If a collection agency re-ages the original date of delinquency it is likely breaking the law, and the consumer should contact the Consumer Financial Protection Bureau and/or a consumer law attorne. Via: Credit.com 

Primarily that is the fact that I was referring to.. should consumers contact collection agencies regarding credit accounts. Unbenounce to consumers, collection agencies have a way of re-aging accounts which happens to be illegal...but it's done and it's done often! Thank you very much. Now once again Mr.Moderator do the research and have a nice day.

Nice copy and paste.  However, the copy and pasted section does nothing to support your past claim that speaking with a collection agency is an activity reflected on one's credit report.  It does not support your claim that speaking with a collection agency can reage a debt.   Nor, does it support your claim that paying on a delinquent account will reage a credit report entry.

Want to try again?

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Guest A Brice Consult

I've come to realize that you are very petty and immature!... I can copy and paste a bunch of facts, however the fact still remains that should a consumer contact a CA regarding a delinquent account, the CA have the potential to re-age the account. ..which is illegal! RESEARCH and APPLY the facts! Good day! 

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3 minutes ago, A Brice Consult said:

I've come to realize that you are very petty and immature!... I can copy and paste a bunch of facts, however the fact still remains that should a consumer contact a CA regarding a delinquent account, the CA have the potential to re-age the account. ..which is illegal! RESEARCH and APPLY the facts! Good day! 

Of course, a CA has committed an illegal act if it reages an entry on a credit report merely because it spoke with a consumer.   However, some people want to pay off a debt and must speak to a collection agency.  

In any case, that has nothing to do with your past claims.   I don't think it's petty and immature to request that you provide the very "evidence" you claimed to have a few posts ago.   The fact that you refuse to do so speaks volumes. 

BTW, "fact" would be statute and court precedent.

 

 

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NOTE:

Be wary of credit repair businesses (debt fixers).  They cannot do anything more than you can do on your own.   All you have to do is research and take the very same actions the credit repair company would take. 

"Credit repair" businesses cannot and will not guarantee that they know and understand relevant statutes such as the Fair Credit Reporting Act.    Any business that does not understand that law is fact has no business being in business.

In addition, some states require that credit counselors (credit repair) be licensed.   Many of those businesses are unlicensed.  If the owners know they should be licensed and are not, they are willingly breaking the law.  If they don't know that state law that requires them to be licensed, then they haven't done their own research.

Save your money.  

 

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