Sat, Jul 04, 2009
|
Author |
BAD CREDIT...need GOOD Advise |
projectaware
3 Posts
Member Since: 11/23/2004 Join projectaware's Network
What's My Favorites Network? |
Posted: 17:53 on 11-23-2004
okay.. pulled my credit reports from all 3... I'll tell you what is on there.. you tell me what to do next....((please))
EQ scores me at 552
EX scores me at 548
TU scores me at 530
USA FUNDS
EX shows account was assigned to attorney, collection, what-ever
TU showed that it was charged off as bad debt.
EQ showed defaulted loan.. claim filed against guarantor
APS
EX has nothing on this account
TU has is as closed(paid) but says that the status is collection/charge off
EQ has it as open paid... current
(THIS ACCOUNT HAS BEEN PAID IN FULL)
SM SERVICING
(this is for the same debt as USA FUNDS)
EX has is listed as closed (transferred)
TU has it listed as Derogatory
EQ also has it listed as Derogatory
NELNET LNS
EX has nothing
TU has that it is current
EQ has nothing
(This is for the same thing as SM SERVICING & USA FUNDS I am now making payments with this company to repay the debt)
ER SOLUTIONS
EX has nothing
TU has that this is Derogatory and that it is placed for collections
EQ has that it is Derogatory
(This is the APS account and has been paid)
So here are the questions that I have.
What, if anything.. can I do to get those multiple CA for the same debt off my report?
how do I get the CA (NELNET) to report to the other agiencies my current good payment status?.. do I want them to report that I have been making timely payments?... or should I just let it be?
any other adivise on how to get my rating up and clean this up would be great.... obviously ... I need help
Profile of projectaware
 Edit/Delete Post
 Quote this Post
 Report this post
|
dnvrkid
335 Posts
Member Since: 06/07/2004
Omaha, NE
Join dnvrkid's Network
What's My Favorites Network? |
Posted: 18:11 on 11-23-2004
Well first off I am not sure what steps you have already taken so some of this may be duplicate information.
The first step is to dispute any inaccurrate information. If they can't confirm the debts then they have to be removed from your Credit Files. I would guess that a couple of these may fall off if that is the case.
The next step if they continue to show is to contact the two CA that don't currently have your account and ask them to update the CRA information as a closed account or better yet remove the information. Clear state that you dispute this information/account.
If they fail to do that, pull your credit 30 days after you contacted them and make sure each of these accounts has a statement that says something to the affect of a consumer dispute.
You should do all of these contacts by certifed letter. Now send a final certified letter stating that you are going to take legal action under the FCRA to get these corrected. State you know they don't have your account any more as you are making payments to another CA. Also if the statement that the cosumer disputes this information is not on your credit report either, make that point also. The 1st violation of reporting inaccurate information and the 2nd violation of not reporting disputes gets you $1,000 a piece, plus damages.
Be prepared to go forward with this. One you file they will contact you immediately with corrected information and ask you to drop the suit. Say you will for $500 if you want. Personally I have always told my clients not to stop as you gave them plenty of opportunities.
Make sure you have your ducks in a row and the FCRA is a powerful weapon to get these corrected and pay you for damages. Most CA know that comsumers are uneducated about the FCRA and they abuse this fact.
Good Luck
Profile of dnvrkid
Edit/Delete Post
Quote this Post
Report this post
|
astcptlmgmnt
85 Posts
Member Since: 11/07/2004
Chicago, IL
Join astcptlmgmnt's Network
What's My Favorites Network? |
Posted: 18:15 on 11-23-2004
WOW!!! 
Profile of astcptlmgmnt
Edit/Delete Post
Quote this Post
Report this post
|
projectaware
3 Posts
Member Since: 11/23/2004Join projectaware's Network
What's My Favorites Network? |
Posted: 18:21 on 11-23-2004
WOW
Why WOW??
now you got me parinoid
thank you for the advise DNVRKID... I'm sure that after all that information sinks in (obviously I"m not the smarest kid on the block).. I'll have more questions for you
Profile of projectaware
Edit/Delete Post
Quote this Post
Report this post
|
g8r1fl
4 Posts
Member Since: 11/06/2003
Tampa, FL
Join g8r1fl's Network
What's My Favorites Network? |
Posted: 18:58 on 11-23-2004
Here is a good link to get you started.
http://www.creditinfocenter.com/repair/Repair.shtml
If you give me your email, I also have another document with great info on repairing credit. Good luck!
Profile of g8r1fl
Edit/Delete Post
Quote this Post
Report this post
|
projectaware
3 Posts
Member Since: 11/23/2004Join projectaware's Network
What's My Favorites Network? |
Posted: 10:26 on 11-24-2004
it will not let me e-mail or PM you for some odd reason.
Profile of projectaware
Edit/Delete Post
Quote this Post
Report this post
|
dnvrkid
335 Posts
Member Since: 06/07/2004
Omaha, NE
Join dnvrkid's Network
What's My Favorites Network? |
Posted: 11:21 on 11-24-2004
You need to be a paying member to e-mail or pm other people. I would say it is worth the small fee to become a basic member.
There is tons of information out there on the web. If you do Google searches for Free Credit Help, Free Credit Assistance, Fix your Own credit, etc and read all the free information they provide that would be the best start, along with reading the FTC's website and reading 3 times the FCRA.
The majority of any credit fixing advise is based on the FCRA and I am constantly surprised at the number of people that do not even know it exists.
There are companies that do will do the work for you. One I know of guarantees results, charges like $500 to get in with then and then $30 a credit line per CRA. They get into the highly technical aspect of misreporting, etc. Some of what I touched on in my original post.
My cleints have recovered $16,752 to date from Collection agencies that have misreported information. Small drop in the bucket for them, but once people start paying attention and start doing this more, they will get their ducks in a row.
Profile of dnvrkid
Edit/Delete Post
Quote this Post
Report this post
|
|
|
|
| |
|
