Hello all and first let me thank you for all the information I have learned here. I am currently composing my validation letter to paid collections and I was curious is it customary to give them 15 or 30 days from the receipt of the letter??
1st validation is usually 30 days. Nothing set in stone. It's just what almost everyone, with the possible exception of the CAs, considers a "reasonable amount"of time.
Thank you...I have seen so many different letters each saying different things that I was going with 30 but wishing for 15. I did see in a letter posted here stated quote: "Under federal law, you have thirty (30) days to complete your re-investigation. Be advised that the description of the procedure used to determine the accuracy and completeness of the information is hereby requested as well, to be provided within fifteen (15) days of the completion of your re-investigation. "
I have finished my letter. I am horrid at composing letters and would appreciate any advise. I have merged several different letters to complete this one. What do you think?? I have several old accounts. Date Name of Old Fully-Paid Acquaintance Address City, STATE ZIP To Whom It May Concern: This letter is being sent to you in response to a listing on my credit report. I hereby lawfully request that you validate all tradeline notations you have submitted to the three major credit reporting agencies by â??NAME OF COLLECTION AGENCYâ? or â??NAME OF ORIGINAL CREDITORâ? for me, YOUR NAME, for account number XXXXXXXXX. Due to possible inaccuracies in these CRA reports, I have attached a request for complete validation (not verification) on this alleged account and you are instructed to fill it out, attach copies of all requested documentation and return it to me. Please be advised that I am not requesting a verification that you have my mailing address; rather, I am requesting validation, i.e., competent evidence that I had some contractual obligation sans consumer protection encumbrance which incurred the original claims associated with this tradeline. Be advised that the description of the procedure used to determine the accuracy and completeness of the information is hereby requested as well, to be provided within fifteen (15) days of the completion of your re-investigation. Please know that you have 30 days from the tracked and confirmed delivery of this lawful notice to either answer these demands or if you cannot provide complete validation as provided by law, then your offices are instructed to immediately request full deletion of this account from my master credit file and all 3 major credit bureauâ??s. You are also instructed to send me a copy of such request for deletion via US Mail. Any other action may constitute evidence of your intent to abridge one or more civil or other constitutional rights. Please be further advised that continued unsubstantiated reporting of possible inaccuracies to third parties may provide a basis for criminal complaints being filed in accordance with FDCPA, FCRA, and other federal statutes. . I look forward to a timely and amicable resolution to this matter. Sincerely yours, Your Name Address City, STATE ZIP
I might get rid of this part.... "sans consumer protection encumbrance which incurred the original claims associated with this tradeline" Make it a bit simpler - say 5th or 6th grade level! You may or may not have heard or read that some of us consider CA/CRA employees as people who were rejected for employment at Mc Donald's. They are most definitely not neurosurgeons or rocket scientists. LOL!
AXE the word "possible". Also I would drop the use of "CRA Reports" and "CA" like abbreviations...use "Credit Reports" instead...sounds like you been to a Bulletin Board LOL. I would leave this out...it sounds like a section from a dispute letter to the CRA's not a validation letter to a creditor. For Validation, they should be sending you COMPLETE evidence that you owe the debt...not a procedure that they used to verify the debt. I like to include specific requests in the validation information...something like: Please attach a copy of the agreement with your client that grants you the authority to collect on this alleged debt. Please attach a copy of any agreement that bears the signature of the alleged debtor wherein he/she agreed to pay the creditor. Please attach copies of all statements while this account was open. I also agree with Smogtek, the "sans" part is a bit much. Just demand "some contractual obligation with your organization." and that is it. Hope that helps. Go get 'em
Here is 5th grade for you. I really do send one just like this to them. It works well. I do not look like I am doing credit repair. To Whom It May Concern: I just got a copy of my credit report and see that you are reporting an account that does not belong to me. For reference the account number is 34341343. I want these items removed that obviously do not belong to me. I will give you 30 days to validate this account from the date this certified letter was signed for. This is my right under the FCRA. Please do not send me a print out or proof that you have my address, rather something that I signed or shows proof that this is mine. Sincerely yours, ohnostuck
