Posts Tagged Credit Bureaus
if something on you credit is removed what bureaus update?
ca asked:
so i filed a letter of validation to a debt collector because the debt wasn’t mine and a month later i got a letter from Experian saying the outcome of the dispute (DELETED) meaning the debt was verified to not be mine but do all my credit scores update because it showed on all three reports if so how long does it take..
Alice
so i filed a letter of validation to a debt collector because the debt wasn’t mine and a month later i got a letter from Experian saying the outcome of the dispute (DELETED) meaning the debt was verified to not be mine but do all my credit scores update because it showed on all three reports if so how long does it take..
Alice
Where would I send a paid in full letter from a debtor?
tarot_princess86 asked:
Alright, I had an account in collections for a really long time. When I started paying it down the collector told me that once it was all paid off that I should send copies of the paid in full letter to the 3 main credit bureaus (transunion, eqifax and experian). However, she did not provide me with the addresses I needed. So I have been circling the internet for hours and hours trying to find these addresses and phone numbers. I found addresses and phone numbers for all three, but these addresses and lines are for obtaining credit reports. My questions are:
Alright, I had an account in collections for a really long time. When I started paying it down the collector told me that once it was all paid off that I should send copies of the paid in full letter to the 3 main credit bureaus (transunion, eqifax and experian). However, she did not provide me with the addresses I needed. So I have been circling the internet for hours and hours trying to find these addresses and phone numbers. I found addresses and phone numbers for all three, but these addresses and lines are for obtaining credit reports. My questions are:
Q: If I send my paid in full letters to the main addresses listed, then will someone there know what to do with it, or throw it away because I was supposed to send it to some other (super-secret) address
Q: is it even necessary to send the paid in full letters to the credit bureaus? Because one would think that a collections agency would send that info off in their special way as soon as a debt is settled. ALSO, if it were necessary, you would think that there would either be a designated 1-800 number with PEOPLE to answer questions, a designated PO box address listed somewhere on the internet used for people who need a little more service than a free credit report, or a straight answer about any of these issues somewhere.
Sorry, that last question kind of turned into a rant….
If anyone can help me that would fabulous, and worth 10 points!
Dustin
HELP with settling a debt to collections?
Sara asked:
Hello, I co-signed on an ex-boyfriends truck (stupid, I know) and he never ended up making payments. I have been receiving calls from a company called Syncom and they are willing to negotiate a settlement to help repair my credit. The balance is $4700, but they sent me a fax that said if I pay $1400, they will settle this and report it to all three credit bureaus. Has anyone else been through this-does it help out your credit a lot? Any info would be greatly appreciated!
Thanks, so far. His truck was repossessed, and this was only 4 years ago. I am looking to buy a home with my now husband, and my credit score is so poor because of this. What they sent me in writing (by fax) is that “Upon receipt of the settlement, which is $1400, our client will inform the Credit Reporting Agencies that the account has been settled in full”. I really want to work on fixing my score and I feel like this is the best option, so I don’t have to wait the 7 years.
Charlie
Hello, I co-signed on an ex-boyfriends truck (stupid, I know) and he never ended up making payments. I have been receiving calls from a company called Syncom and they are willing to negotiate a settlement to help repair my credit. The balance is $4700, but they sent me a fax that said if I pay $1400, they will settle this and report it to all three credit bureaus. Has anyone else been through this-does it help out your credit a lot? Any info would be greatly appreciated!
Thanks, so far. His truck was repossessed, and this was only 4 years ago. I am looking to buy a home with my now husband, and my credit score is so poor because of this. What they sent me in writing (by fax) is that “Upon receipt of the settlement, which is $1400, our client will inform the Credit Reporting Agencies that the account has been settled in full”. I really want to work on fixing my score and I feel like this is the best option, so I don’t have to wait the 7 years.
Charlie
Removing Derogatory Credit Information From Your Credit Reports
Bob Pering asked:
Removing derogatory credit information from your credit reports is the fastest thing you can do to raise your credit scores. Credit bureaus are known for the amount of inaccurate information in credit files, so check your reports regularly and be relentless in removing derogatory credit information in your files.
Start by getting a copy of your credit report. By law you may obtain a free copy of your credit report once a year from each of the three credit agencies: Equifax, Transunion, and Experian. You can request your report from each by locating them online. Or you can request a report from all three agencies at one time by sending your written request to the Annual Credit Report Request Service at PO Box 105281, Atlanta, GA, 30348.
Once you have copies of your credit report, examine each of them carefully for mistakes and errors.
Removing derogatory credit information in your files begins by disputing errors in your credit reports. Gather any supporting documentation you can find, such as credit card statements or canceled checks. You can dispute items in your credit report if you do not have documentation, but it’s easier when you can back up your disputes with paperwork.
Write a letter to the credit bureau explaining why the deputed item is inaccurate, and include copies of your documentation. Hand write your dispute letter, or, write the letter on your computer. You will have much better success this way, versus using a ready-made dispute form you find on the internet. Be sure to send all communications by certified mail, return receipt requested.
Once the credit bureau receives your dispute letter, the bureau will request verification from the creditor. If the credit bureau does not receive notice back from the creditor in thirty days that your dispute has been denied, removing the disputed information from your report is automatic. You will receive a new copy of your report which will show the disputed item(s) removed.
Should the creditor deny your dispute, file again the following month. Be insistent that they verify your claim. Ask them to send you the name and phone number of the person that verified your claim so you may call them. You are entitled to know why they have denied your dispute and for what reason.
Credit bureaus are known for the amount of inaccurate information in credit files, so check your reports regularly and be relentless in removing derogatory credit information in your files. Removing derogatory credit information from your credit reports is the fastest way to raise your credit scores.
Bradley
Removing derogatory credit information from your credit reports is the fastest thing you can do to raise your credit scores. Credit bureaus are known for the amount of inaccurate information in credit files, so check your reports regularly and be relentless in removing derogatory credit information in your files.
Start by getting a copy of your credit report. By law you may obtain a free copy of your credit report once a year from each of the three credit agencies: Equifax, Transunion, and Experian. You can request your report from each by locating them online. Or you can request a report from all three agencies at one time by sending your written request to the Annual Credit Report Request Service at PO Box 105281, Atlanta, GA, 30348.
Once you have copies of your credit report, examine each of them carefully for mistakes and errors.
Removing derogatory credit information in your files begins by disputing errors in your credit reports. Gather any supporting documentation you can find, such as credit card statements or canceled checks. You can dispute items in your credit report if you do not have documentation, but it’s easier when you can back up your disputes with paperwork.
Write a letter to the credit bureau explaining why the deputed item is inaccurate, and include copies of your documentation. Hand write your dispute letter, or, write the letter on your computer. You will have much better success this way, versus using a ready-made dispute form you find on the internet. Be sure to send all communications by certified mail, return receipt requested.
Once the credit bureau receives your dispute letter, the bureau will request verification from the creditor. If the credit bureau does not receive notice back from the creditor in thirty days that your dispute has been denied, removing the disputed information from your report is automatic. You will receive a new copy of your report which will show the disputed item(s) removed.
Should the creditor deny your dispute, file again the following month. Be insistent that they verify your claim. Ask them to send you the name and phone number of the person that verified your claim so you may call them. You are entitled to know why they have denied your dispute and for what reason.
Credit bureaus are known for the amount of inaccurate information in credit files, so check your reports regularly and be relentless in removing derogatory credit information in your files. Removing derogatory credit information from your credit reports is the fastest way to raise your credit scores.
Bradley
Use Credit Reports to Get Paid Quicker Despite Being Below Reporting Limits
Bonnie Huval asked:
Many small businesses do not report their trade accounts to credit bureaus. This presents a hazard for you–but also an opportunity you can use to prod some late payers to pay up.
When cash flow falls at a big business, its small vendors tend to be the first to start getting paid late. Since many small businesses do not know what they can do about it, they suffer in silence or rant endlessly at a giant against which they have no power.
This means anyone who uses bureau reports to check for late payments will not see any sign of trouble until it is so bad that even major vendors are not getting paid. That is a hazard to you, because it leaves you in need of some other way to find out whether you as a small business are likely to be paid on time.
But it is also an opportunity. If your small business reports to a national credit bureau, your ability to blot a delinquent customer’s credit record gives you some power. The largest customers may not be sensitive to it, but small to medium sized businesses are.
An Example of Getting Paid This Way
As an example of how this works, in the late 1990s a customer’s payment due in August did not arrive. When I called about it, they said it must be lost in the mail, and they could not issue a replacement until October. That plus public news told me everything I needed to know.
My customer’s shares on NASDAQ had recently lost about two-thirds of their value. Because the best employees got a significant part of their compensation in shares of stock, those employees were becoming disgruntled and some were leaving. To stop the hemorrhage of expertise, the company needed to either change its compensation plan (more cash, less company stock) or bring the share price up.
They chose the latter. To reassure the stock market, they accelerated revenue everywhere they could, and postponed outgoing payments. That would artificially boost the next financial report covering the July to September quarter. That should make investors more comfortable and the share price would improve.
I told my customer that my company reported late payments to Experian. When they became 30 days overdue, my company would begin to report that. If they checked whether I was bluffing, they would find that my firm had done it before.
They quickly realized what would happen after I filed that report. Other vendors would see it, and some would begin to demand cash in advance. That would make the next quarterly report look worse, not better. They paid. They never tried to pay me late again.
Why Doesn’t Everybody Do It?
If it is that easy, why don’t all small businesses file reports with credit bureaus?
A barrier stands in the way of small companies that want to report to credit bureaus. National credit reporting companies only accept reports in batches of hundreds or thousands at a time. Small businesses often do not have enough transaction volume to submit such big batches. But there is a way around this.
How to Jump the Barrier
Subscribing to a credit report bundling service is a way to get around that barrier. These used to be formally called consumer affiliate bureaus. They were independent credit bureaus that stored their credit files in one of the three dominant national credit bureaus. They have all been bought out by the credit bureaus with which they were affiliated and are now national resellers for the bureaus. There are not many, so do not be surprised if none are nearby. Your account can be opened remotely. Distance does not matter.
When you subscribe to the service, your business files reports with the service about the payment behavior of your customers. There is no extra charge for you to submit reports because you are providing data, which the service needs. The service collects so many small reports from businesses like yours that the total is large enough to pass the national credit bureau’s minimum. Subscribing also allows you to order and quickly get credit reports of the scope you need, at reasonable cost.
A subscription like this used to be easy and inexpensive to start. It is still inexpensive to maintain after you get it, but it is no longer easy to get your application accepted, and the startup fee has gone up. The general procedure to sign up is like this:
Fill in and submit the Application and Agreement. Submit to an on-site inspection by a third party. This is now required for access to regulated products such as reports on business owners or consumers. Pay the initial fee. On a regular basis, pay an account maintenance fee, plus the fees for any reports you obtain. Report accounts receivable experience (good and bad) to the service so it can submit the data to the national credit bureau it represents.
On-site inspection is intended to weed out people who want to get credit reports for nefarious purposes instead of genuine business reasons. Credit data about consumers is subject to legal protections that do not affect credit data about businesses. If you want access to consumer data, the extra constraints involved increase the subscription startup fee.
Your accounting software might not include appropriate reports for sending accounts receivable information to the service you join, but creating an appropriate report should not be difficult. The types of reports to look for are:
Aged Trial Balance Balance and Aging Customer Master List (if the service needs it)
The service you subscribe to will explain the report format they need so you can submit reports.
Wrapping It Up
By shopping carefully, you can subscribe to a service that also has a collections branch and can take over the pursuit of overdue bills if you wish. At the least, that reduces complexity for you. Getting credit reports, filing them and chasing unpaid bills all happen under one roof.
But with good procedures and the right tools, including the ability to file credit reports, you can usually get customers to pay before bills become so overdue that you need collection agents or courts.
Melvin
Many small businesses do not report their trade accounts to credit bureaus. This presents a hazard for you–but also an opportunity you can use to prod some late payers to pay up.
When cash flow falls at a big business, its small vendors tend to be the first to start getting paid late. Since many small businesses do not know what they can do about it, they suffer in silence or rant endlessly at a giant against which they have no power.
This means anyone who uses bureau reports to check for late payments will not see any sign of trouble until it is so bad that even major vendors are not getting paid. That is a hazard to you, because it leaves you in need of some other way to find out whether you as a small business are likely to be paid on time.
But it is also an opportunity. If your small business reports to a national credit bureau, your ability to blot a delinquent customer’s credit record gives you some power. The largest customers may not be sensitive to it, but small to medium sized businesses are.
An Example of Getting Paid This Way
As an example of how this works, in the late 1990s a customer’s payment due in August did not arrive. When I called about it, they said it must be lost in the mail, and they could not issue a replacement until October. That plus public news told me everything I needed to know.
My customer’s shares on NASDAQ had recently lost about two-thirds of their value. Because the best employees got a significant part of their compensation in shares of stock, those employees were becoming disgruntled and some were leaving. To stop the hemorrhage of expertise, the company needed to either change its compensation plan (more cash, less company stock) or bring the share price up.
They chose the latter. To reassure the stock market, they accelerated revenue everywhere they could, and postponed outgoing payments. That would artificially boost the next financial report covering the July to September quarter. That should make investors more comfortable and the share price would improve.
I told my customer that my company reported late payments to Experian. When they became 30 days overdue, my company would begin to report that. If they checked whether I was bluffing, they would find that my firm had done it before.
They quickly realized what would happen after I filed that report. Other vendors would see it, and some would begin to demand cash in advance. That would make the next quarterly report look worse, not better. They paid. They never tried to pay me late again.
Why Doesn’t Everybody Do It?
If it is that easy, why don’t all small businesses file reports with credit bureaus?
A barrier stands in the way of small companies that want to report to credit bureaus. National credit reporting companies only accept reports in batches of hundreds or thousands at a time. Small businesses often do not have enough transaction volume to submit such big batches. But there is a way around this.
How to Jump the Barrier
Subscribing to a credit report bundling service is a way to get around that barrier. These used to be formally called consumer affiliate bureaus. They were independent credit bureaus that stored their credit files in one of the three dominant national credit bureaus. They have all been bought out by the credit bureaus with which they were affiliated and are now national resellers for the bureaus. There are not many, so do not be surprised if none are nearby. Your account can be opened remotely. Distance does not matter.
When you subscribe to the service, your business files reports with the service about the payment behavior of your customers. There is no extra charge for you to submit reports because you are providing data, which the service needs. The service collects so many small reports from businesses like yours that the total is large enough to pass the national credit bureau’s minimum. Subscribing also allows you to order and quickly get credit reports of the scope you need, at reasonable cost.
A subscription like this used to be easy and inexpensive to start. It is still inexpensive to maintain after you get it, but it is no longer easy to get your application accepted, and the startup fee has gone up. The general procedure to sign up is like this:
Fill in and submit the Application and Agreement. Submit to an on-site inspection by a third party. This is now required for access to regulated products such as reports on business owners or consumers. Pay the initial fee. On a regular basis, pay an account maintenance fee, plus the fees for any reports you obtain. Report accounts receivable experience (good and bad) to the service so it can submit the data to the national credit bureau it represents.
On-site inspection is intended to weed out people who want to get credit reports for nefarious purposes instead of genuine business reasons. Credit data about consumers is subject to legal protections that do not affect credit data about businesses. If you want access to consumer data, the extra constraints involved increase the subscription startup fee.
Your accounting software might not include appropriate reports for sending accounts receivable information to the service you join, but creating an appropriate report should not be difficult. The types of reports to look for are:
Aged Trial Balance Balance and Aging Customer Master List (if the service needs it)
The service you subscribe to will explain the report format they need so you can submit reports.
Wrapping It Up
By shopping carefully, you can subscribe to a service that also has a collections branch and can take over the pursuit of overdue bills if you wish. At the least, that reduces complexity for you. Getting credit reports, filing them and chasing unpaid bills all happen under one roof.
But with good procedures and the right tools, including the ability to file credit reports, you can usually get customers to pay before bills become so overdue that you need collection agents or courts.
Melvin
Bad Credit Repair – Simple Tips to Improve Credit Report Score
Cherles Paul asked:
Most of the people around the world are suffering with this bad credit score in these recession days due to various problems. However, some of the people are doing not how to manage their regular finances. Due to this reason so many people are suffering with bad credit. However, not mater how it is happened, it is important for every individual to rebuild their credit rating. Most of the people in these days are repaired their credit themselves, you can also repair your credit effectively. Some of the people have a nasty credit. For this instance, you need some patience and strong will power to get out of this hell.
There are so many top credit bureaus are providing some well esteemed professional services to their valuable clients. Before selecting the best bureau, you need to know what they are saying about you. With this, you will get a clear picture of your credit history. After that you need to go through this credit reports to get some ideas to repair your credit. Most of the customers are having a single error on their reports; remaining people are having two to three errors on their reports. This will be occurred due to the information provided by the creditors and bureaus do not verify each price of information provided to them.
It is observed that there are several errors that are most commonly found on the credit reports that is old information and calculating errors, missed information and typing errors and many more. So, you need to consider that these errors could not be done any harm to your credit reports. These types of wonderful things will work as best as it can. And also you need to take any informed decision that will help you to turn your good one. And also it is a better idea to avoid the late payments. You need to be careful about the repay that too in before schedule time. With these types of functions, definitely, your bad credit would soon convert to good credit.
And also you need to consider that you need to maximize your credit accounts up to less than three. It is difficult to handle more than three accounts and that will also be caused to get more and more scoring. There are some well established and well experienced organizations are providing their valuable information and services to their valuable customer to repair their bad credit scoring. All you need to visit their web sites to get more information.
Charlene
Most of the people around the world are suffering with this bad credit score in these recession days due to various problems. However, some of the people are doing not how to manage their regular finances. Due to this reason so many people are suffering with bad credit. However, not mater how it is happened, it is important for every individual to rebuild their credit rating. Most of the people in these days are repaired their credit themselves, you can also repair your credit effectively. Some of the people have a nasty credit. For this instance, you need some patience and strong will power to get out of this hell.
There are so many top credit bureaus are providing some well esteemed professional services to their valuable clients. Before selecting the best bureau, you need to know what they are saying about you. With this, you will get a clear picture of your credit history. After that you need to go through this credit reports to get some ideas to repair your credit. Most of the customers are having a single error on their reports; remaining people are having two to three errors on their reports. This will be occurred due to the information provided by the creditors and bureaus do not verify each price of information provided to them.
It is observed that there are several errors that are most commonly found on the credit reports that is old information and calculating errors, missed information and typing errors and many more. So, you need to consider that these errors could not be done any harm to your credit reports. These types of wonderful things will work as best as it can. And also you need to take any informed decision that will help you to turn your good one. And also it is a better idea to avoid the late payments. You need to be careful about the repay that too in before schedule time. With these types of functions, definitely, your bad credit would soon convert to good credit.
And also you need to consider that you need to maximize your credit accounts up to less than three. It is difficult to handle more than three accounts and that will also be caused to get more and more scoring. There are some well established and well experienced organizations are providing their valuable information and services to their valuable customer to repair their bad credit scoring. All you need to visit their web sites to get more information.
Charlene
Free Triple Score – Protecting Your Credit Check Report Rating From Identity Theft
Marc Marseille asked:
Identity theft is one of the fastest growing crimes in America. The effects of identity theft can be a very hurtful experience that mostly occurs during the important moments of your life. Many victims of identity theft do not even realize that someone or in some cases several people have been violating them by getting access to their personal credit bureau report. Protecting your credit bureau report can easily be achieved by getting a copy of your free triple score from all three credit bureaus.
Your free triple score report will provide you with all the information you have reporting with all three credit bureaus: Experian, Equifax, and Trans Union. Once you have received your credit bureau report, it is crucial that you do a thorough investigation to make sure that all your information is reporting correctly. If you find that you have been a victim of identity fraud, the best thing to do in that situation is to seek professional legal help through a reputable credit attorney.
It is unfortunate if you find yourself dealing with the situation of having your identity stolen, but there several steps you can take to prevent identity theft before it happens. The first step is to arm yourself with identity protection. Many credit card companies offer identity protection through a small monthly fee on your credit card, but if you have several credit cards, you may want to consider getting a more universal identity protection policy. Getting a universal identity protection policy includes using a company that works hand in hand with the 3 credit bureaus to create a lock on your credit bureau report.
Once you’ve create a lock on your credit report, no one can make any purchases using your information without having to verify some very vital information. To secure yourself even further, it is important to shred all important personal information before disposing of them. Information that should be shredded is bank statements, credit card statements, and anything that shows your Social Security Number.
Another precaution you can take is to never give your Social Security Number over the internet through an unsecured server. One way to find out if the website you are viewing is insecure is by looking at your browser window. All secure internet websites start with https: and not just http:. To make it even safer to surf the internet, you should get virus protection, spyware and a reliable internet explorer like Firefox.
My last recommendation to protection your free triple score report sounds simple enough, but a lot of people fall victim to it everyday; you should never give your Social Security Number over the telephone to a company you do not trust. Unless you have a long lasting relationship with a certain company, it is better to deal in person. If you must give sensitive information over the phone such as banking, try to establish a relationship with one particular individual in that department before you do so.
Cynthia
Identity theft is one of the fastest growing crimes in America. The effects of identity theft can be a very hurtful experience that mostly occurs during the important moments of your life. Many victims of identity theft do not even realize that someone or in some cases several people have been violating them by getting access to their personal credit bureau report. Protecting your credit bureau report can easily be achieved by getting a copy of your free triple score from all three credit bureaus.
Your free triple score report will provide you with all the information you have reporting with all three credit bureaus: Experian, Equifax, and Trans Union. Once you have received your credit bureau report, it is crucial that you do a thorough investigation to make sure that all your information is reporting correctly. If you find that you have been a victim of identity fraud, the best thing to do in that situation is to seek professional legal help through a reputable credit attorney.
It is unfortunate if you find yourself dealing with the situation of having your identity stolen, but there several steps you can take to prevent identity theft before it happens. The first step is to arm yourself with identity protection. Many credit card companies offer identity protection through a small monthly fee on your credit card, but if you have several credit cards, you may want to consider getting a more universal identity protection policy. Getting a universal identity protection policy includes using a company that works hand in hand with the 3 credit bureaus to create a lock on your credit bureau report.
Once you’ve create a lock on your credit report, no one can make any purchases using your information without having to verify some very vital information. To secure yourself even further, it is important to shred all important personal information before disposing of them. Information that should be shredded is bank statements, credit card statements, and anything that shows your Social Security Number.
Another precaution you can take is to never give your Social Security Number over the internet through an unsecured server. One way to find out if the website you are viewing is insecure is by looking at your browser window. All secure internet websites start with https: and not just http:. To make it even safer to surf the internet, you should get virus protection, spyware and a reliable internet explorer like Firefox.
My last recommendation to protection your free triple score report sounds simple enough, but a lot of people fall victim to it everyday; you should never give your Social Security Number over the telephone to a company you do not trust. Unless you have a long lasting relationship with a certain company, it is better to deal in person. If you must give sensitive information over the phone such as banking, try to establish a relationship with one particular individual in that department before you do so.
Cynthia
AUCTION LAWS IN TEXAS?
Posted by admin in Law & Ethics on July 24, 2010
MR. E asked:
in texas if you bid on an item and decide you don’t want it after all can they report you to all three credit bureaus?
Earl
in texas if you bid on an item and decide you don’t want it after all can they report you to all three credit bureaus?
Earl
Question for Bbdancer, CatDad, Echo, Spiffiman or knowledgeable contributors?
Ashley asked:
I am 20 years old, and pulled my credit report about 3 months ago. I found three collection accounts on my credit report.
I am 20 years old, and pulled my credit report about 3 months ago. I found three collection accounts on my credit report.
I first disputed the accounts with the credit bureaus, who all verified the accounts. These accounts are not mine, I know they are not mine, for a business in a state I have never been to.
My next step was to send the collection agencies a certified letter requesting validation of debt, that was over 2 months ago, no response from any of them.
I was doing research on Y/A and found out that now I should dispute the accounts with the credit bureaus again and send certified mail with copies of validate letters, that they failed to answer OR I should contact the credit bureaus for something called Method of Validation.
My question is can anyone help me with a sample letter or tell me how to word a letter to the credit bureaus saying they should delete the accounts because the collectors did not validate. I am not good at writing letters, I feel inadequate.
Also should I list all three accounts on one letter to each bureau?
Lucille
What legal action do I have against a debt collector who refuses to validate a debt?
Posted by admin in Law & Ethics on July 18, 2010
Grand Master B asked:
I have been trying to clean up my credit and I have had a lot of luck doing so. Most of the debts have been deleted from my credit report except for a few. But one debt collector has been particularly difficult. Asset acceptance says I owe over a thousand dollars from an old credit cardd. All three bureaus said the the debt was verified by Asset when Itriedd to dispute the debt with themoriginallyy. I have sent at least 3 certified letters over a 4 or 5 month period to them requesting validation of the debt and the have sent me nothing. They still continue to send me bills and are also still reporting the debt to all the creditbureauss. Whats my next step? Can I go back to the credit bureaus and demand them todeletet it because the debt collector obviously can not prove the debt? As a last resort I think I might have to sue Asset in order to get this information deleted from my credit reports, but what exactly can I sue for and how much should I sue for?
Micheal
I have been trying to clean up my credit and I have had a lot of luck doing so. Most of the debts have been deleted from my credit report except for a few. But one debt collector has been particularly difficult. Asset acceptance says I owe over a thousand dollars from an old credit cardd. All three bureaus said the the debt was verified by Asset when Itriedd to dispute the debt with themoriginallyy. I have sent at least 3 certified letters over a 4 or 5 month period to them requesting validation of the debt and the have sent me nothing. They still continue to send me bills and are also still reporting the debt to all the creditbureauss. Whats my next step? Can I go back to the credit bureaus and demand them todeletet it because the debt collector obviously can not prove the debt? As a last resort I think I might have to sue Asset in order to get this information deleted from my credit reports, but what exactly can I sue for and how much should I sue for?
Micheal