No real change as of yet. I have 2 paid charge-offs(settlements), one with discover(start of final late period 12/04) and one with AMEX(start of final late period 12/03 -01/01, no 81 month history showing). I also had a best buy card through Beneficial National bank, which was sold to a CA(LVNV Funding LLC) and I paid(I think the full amount IIRC) to CA. Since these are all valid, but with some reporting errors(I think), I didn't know if goodwill or not mine disputes would help me at all and went with the nutcase letters. I'd like to get them all off, because I plan to buy a home next summer. I sent the first CMRR nutcase letters to all 4 on 07/11/08 . This thread is to keep a log of my progress with these, to ask questions about what to do when I receive a response and hopefully it will help someone down the line with similar problems.
Finally got my first response back from a nutcase letter, this was from AMEX. I'd had their card, the bad stuff happened, I let it lapse because it seemed like a good idea to get them to offer a settlement, and I paid them I forget how much. On my equifax they showed as T AMERICAN EXPRESS -XXXX opened- 04/2001 balance -$0 date reported -01/2004 balance due - $0 account status -CHARGE-OFF credit limit - $0 Date of last payment - 12/2003 Date of first delinquency - 11/2002 Date major delinquency first reported - 01/2004 Comments: Settlement accepted on this account, Paid charge off So my response I received came on letterhead from - American Express Cards Travel Related Services Company Inc OA/Special Research And states - Re: American Express Account : X Dear Mr. X This letter is in response to your request for validation of the above referenced American Express Card account. Our records reflect that a settlement was previously negotiated for the account. The status has been updated with the credit reporting agencies. If you have any further questions regarding your credit report, please direct your inquiry to any of the credit reporting agencies listed. (lists address for equi/expi/tu) This office will not acknowledge any further correspondence regarding this matter. Sincerely, signature Mr X Outside Agency Special Research Edit/Delete Message It was dated july 21st. I got the same letter in the mail the next day, dated july 22nd but with no other changes. Not sure what this will mean. I signed up for myfico scorewatch, no changes to it yet.
I think if you find errors their disputable the question i have if errors or found in 81 month history is that disputlable?
Closed Accounts Account Name Account Number Date Opened Balance Date Reported Past Due Account Status Credit Limit AMERICAN EXPRESS -XXXX 04/2001 $0 01/2004 $0 CHARGE-OFF $0 AMERICAN EXPRESS PO Box 981537 El Paso, TX-799981537 (800) 874-2717 Account Number: -XXXX Current Status: CHARGE-OFF Account Owner: Individual Account. High Credit: $0 Type of Account Revolving Credit Limit: $0 Term Duration: Terms Frequency: Date Opened: 04/2001 Balance: $0 Date Reported: 01/2004 Amount Past Due: $0 Date of Last Payment: 12/2003 Actual Payment Amount: $0 Scheduled Payment Amount: $0 Date of Last Activity: N/A Date Major Delinquency First Reported: 01/2004 Months Reviewed: 1 Creditor Classification: Activity Description: Paid Charge Off Amount: $0 Deferred Payment Start Date: Balloon Payment Amount: $0 Balloon Payment Date: Date Closed: Type of Loan: Credit Card Date of First Delinquency: 11/2002 Comments: Settlement accepted on this account, Paid charge off 81-Month Payment History No 81-Month Payment Data available for display. DISCOVER FINANCIAL S XXXX 07/2000 $0 08/2005 $0 PAYS AS AGREED $1,500 DISCOVER CARD 12 Reads Way New Castle, DE-197201649 (800) 347-2683 Account Number: XXXX Current Status: PAYS AS AGREED Account Owner: Individual Account. High Credit: $3,229 Type of Account : Revolving Credit Limit: $1,500 Term Duration: Terms Frequency: Monthly (due every month) Date Opened: 07/2000 Balance: $0 Date Reported: 08/2005 Amount Past Due: $0 Date of Last Payment: 07/2005 Actual Payment Amount: $0 Scheduled Payment Amount: $0 Date of Last Activity: 07/2005 Date Major Delinquency First Reported: Months Reviewed: 61 Creditor Classification: Activity Description: Paid and Closed Charge Off Amount: $0 Deferred Payment Start Date: Balloon Payment Amount: $0 Balloon Payment Date: Date Closed: 07/2005 Type of Loan: Credit Card Date of First Delinquency: N/A Comments: Settlement accepted on this account 81-Month Payment History Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2005 60 90 120 120 120 120 120 2004 * * 30 * * * * 30 60 90 * 30 2003 * * * * 30 30 * * * * 30 60 2002 * * * 30 * * * * * * * * 2001 * * * * * * * * * * * * 2000 * * * * * * HSBC BEST BUY 5XXXX 11/2002 $0 05/2004 $0 120+ DAYS PAST DUE $0 BENEFICIAL NATIONAL BANK PO Box 15518 Wilmington, DE-198505518 (302) 478-9056 Account Number: XXXX Current Status: 120+ DAYS PAST DUE Account Owner: Individual Account. High Credit: $866 Type of Account : Revolving Credit Limit: $0 Term Duration: Terms Frequency: Monthly (due every month) Date Opened: 11/2002 Balance: $0 Date Reported: 05/2004 Amount Past Due: $0 Date of Last Payment: 07/2003 Actual Payment Amount: $0 Scheduled Payment Amount: $20 Date of Last Activity: N/A Date Major Delinquency First Reported: Months Reviewed: 17 Creditor Classification: Activity Description: Transfer/Sold Charge Off Amount: $0 Deferred Payment Start Date: Balloon Payment Amount: $0 Balloon Payment Date: Date Closed: Type of Loan: Charge Account Date of First Delinquency: 01/2003 Comments: Account closed by credit grantor 81-Month Payment History Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2004 120 120 120 120 2003 * * 30 60 90 120 60 90 120 120 120 120 2002 * * LVNV FUNDING LLC XXXX N/A $0 06/2008 $0 $0 LVNV FUNDING LLC PO Box 10584 Greenville, SC-296030584 (866) 464-1183 Account Number: XXXX Current Status: Account Owner: Individual Account. High Credit: $866 Type of Account : Open Credit Limit: $0 Term Duration: Terms Frequency: Date Opened: N/A Balance: $0 Date Reported: 06/2008 Amount Past Due: $0 Date of Last Payment: 06/2004 Actual Payment Amount: $0 Scheduled Payment Amount: $0 Date of Last Activity: N/A Date Major Delinquency First Reported: Months Reviewed: 13 Creditor Classification: Financial Activity Description: Paid Charge Off Amount: $0 Deferred Payment Start Date: Balloon Payment Amount: $0 Balloon Payment Date: Date Closed: 06/2004 Type of Loan: Factoring Company Account (debt purchaser) Date of First Delinquency: 03/2003 Comments: Paid collection 81-Month Payment History No 81-Month Payment Data available for display.
Thanks! I've read the FAQ a few times, and tried to educate by reading other threads, when I dispute with the CRA's is there a guideline on how to word this? Is the hope that the OC's and CA will not validate/have the info and the entire account will be deleted? Also, I just pulled my TU report through annualcreditreport, and it doesn't even list these fields. I can paste it here as well if you want.
The following accounts contain information that some creditors may consider to be adverse. Adverse account information may generally be reported for 7 years from the date of the first delinquency, depending on your state of residence. The adverse information in these accounts has been printed in >brackets< or is shaded for your convenience, to help you understand your report. They are not bracketed or shaded this way for creditors. (Note: The account # may be scrambled by the creditor for your protection). AMERICAN EXPRESS #xxxx PO BOX 981537 EL PASO , TX 79998 (800) 874-2717 Balance: $0 Date Updated: 01/2004 High Balance: $2,592 Credit Limit: $1,700 Past Due: $0 Pay Status: >Payment After Charge Off/Collection< Account Type: Revolving Account Responsibility: Individual Account Date Opened: 04/2001 Date Closed: 05/2003 Date Paid: 12/2003 Loan Type: Credit Card Remark: >Settled - less than full balance< Estimated date that this item will be removed: 10/2009 DISCOVER FINCL SVC LLC #xxxx PO BOX 15316 WILMINGTON , DE 19850-5316 (800) 347-2683 Balance: $0 Date Updated: 08/2005 High Balance: $3,229 Credit Limit: $1,500 Past Due: $0 Pay Status: Paid or Paying as Agreed Account Type: Revolving Account Responsibility: Individual Account Date Opened: 07/2000 Date Closed: 07/2005 Date Paid: 07/2005 Loan Type: Credit Card Remark: >Settled - less than full balance< >Maximum delinquency of 120+ days in 04/2005 for $287<Estimated date that this item will be removed: 10/2009 Late Payments 48 months >7< >3< >6< Last 48 Months HSBC BEST BUY #xxxx POB 15521 WILMINGTON , DE 19805 (302) 327-2000 Balance: $867 Date Updated: 03/2004 High Balance: $850 Credit Limit: $500 Past Due: $0 Pay Status: >Collection Account< Account Type: Revolving Account Responsibility: Individual Account Date Opened: 11/2002 Date Closed: 10/2003 Loan Type: Charge Account Remark: Account closed by credit grantor Estimated date that this item will be removed: 12/2009 LVNV FUNDING LLC #xxxx PO BOX 10497 GREENVILLE , SC 29603-0584 (866) 464-1183 Balance: $0 Date Updated: 06/2008 High Balance: $866 Collateral: 12 HOUSEHOLD BEST BUY Past Due: $0 Pay Status: >Payment After Charge Off/Collection< Account Type: Open Account Responsibility: Individual Account Date Opened: 04/2004 Date Closed: 06/2004 Date Paid: 06/2004 Loan Type: Factoring Company Account Remark: >Paid collection< Estimated date that this item will be removed: 02/2010 ------------------------- The following accounts are reported with no adverse information. (Note: The account # may be scrambled by the creditor for your protection). AMERICAN EXPRESS #xxxx PO BOX 981537 EL PASO , TX 79998 (800) 874-2717 Balance: $584 Date Updated: 07/2008 High Balance: $584 Credit Limit: $2,000 Past Due: $0 Pay Status: Paid or Paying as Agreed Account Type: Revolving Account Responsibility: Authorized Account Date Opened: 05/2008 Loan Type: Credit Card CAPITAL ONE BANK USA NA #xxxx POB 30281 SALT LAKE CITY , UT 84130-0281 (800) 955-7070 Balance: $0 Date Updated: 09/2004 High Balance: $292 Past Due: $0 Pay Status: Paid or Paying as Agreed Account Type: Revolving Account Responsibility: Individual Account Date Opened: 03/2001 Date Closed: 09/2004 Date Paid: 09/2001 Loan Type: Credit Card Remark: Account closed by credit grantor Late Payments 19 months 0 0 0 Last 19 Months CITIBANK CBSD NA #xxxx 701 E 60TH ST N SIOUX FALLS , SD 57104 (800) 950-5114 Balance: $0 Date Updated: 05/2008 Credit Limit: $7,000 Past Due: $0 Pay Status: Paid or Paying as Agreed Account Type: Revolving Account Responsibility: Authorized Account Date Opened: 03/2004 Date Paid: 11/2007 Loan Type: Credit Card Late Payments 21 months 0 0 0 Last 21 Months CITIBANK CBSD NA #xxxx 701 E 60TH ST N SIOUX FALLS , SD 57104 (800) 950-5114 Balance: $0 Date Updated: 07/2008 Past Due: $0 Pay Status: Paid or Paying as Agreed Account Type: Revolving Account Responsibility: Individual Account Date Opened: 09/2007 Date Paid: 07/2008 Loan Type: Credit Card Late Payments 10 months 0 0 0 Last 10 Months CITIBANK SD NA #xxxx 701 E 60TH ST N SIOUX FALLS , SD 57104 (800) 950-5114 Balance: $429 Date Updated: 07/2008 Past Due: $0 Terms: Minimum $20 Pay Status: Paid or Paying as Agreed Account Type: Revolving Account Responsibility: Individual Account Date Opened: 10/2007 Loan Type: Credit Card Late Payments 9 months 0 0 0 Last 9 Months
Jam is 30 day late considered fmdr?if you bring it current doe's that reset it?because if you go 90,then start making steady steady payment's but never pay the charges during the 90 day's like late or over the limit even though your making steady payments when is the dfmd start.i hope this makes sense
So do they have to have 81 months of history (or all history if acct is less than 81 mos old)? And if you have the ** or XX (whatever the "unknown" symbol is) then if they can't provide that info they have to delete? Also, what is DMDFR? If the DOFD is blank what can be done? Dispute it? Sorry for the elementary questions! I am new to all this and trying to learn as much as possible. Thanks all the help!
The Date of First Delinquency RESULTING IN CHARGE-OFF, or other adverse action... So when the account is brought current, the DoFD is reset to nul. The payment history would continue to show the 30D ding, but the ding would get nuked when the 7 year reporting wall gets hit (if not before). But once the account has hit the adverse action stage, there has to be both a DoFD, and a DMDFR. The best way to word the dispute would be something similar to One of my personal disputes using this got a company to really screw up royally, and since all dates were included, including the CLOSED date, the account had to be deleted when I called my 'special' contact at the CRA. Considering the DF was trying to report that the account was all of a sudden never closed, the CRA couldn't do anything, as soon as I hung up, I started singing, "Na, Na, Na, Na, Hey, Hey, Hey, Good Bye" that really gets a good reaction when you called using a payphone.
