If your talking about Risk Management Assoc they are a subsidiary of Equifax and a pain in the rear to get to do what they are supposed to do by Law. They didn't respond to validation, told me on the phone they were sending back to original creditor, but never corrected the credit report. After about 3 months and many threatening letters, they finally sent me a letter yesterday that they are closing the account, so I have that in writing now. It still is on Equifax though. I'm going to give them two weeks to fix the credit report and then file suit if it isn't corrected. I have them cold on numerous violations and am tired of playing games with them. All this for a $58 collection, so get ready to battle and file suit against them if it is for significant money. They will flat out lie on the phone so get everything in writing. Nice letters do no good with these people. They will ignore you and basically dare you to file suit. Then again, they are no different than any other collection agency.
Risk Management Alternatives- I think... yep, I sent validation and they haven't responded. They bought the account (so not likely they will be sending it back to original creditor)... thanks for the heads-up, I will send an estoppel (I haven't spoken to them on the phone- thank goodness). They are re-aging the account on my credit report and keep verifying it, plus they have performed multiple hard inquiries in the last year (7, I think).
Your right, it is Risk Management Alternatives and they are owned by Equifax. In my case they are only on the Equifax report, so of course when I disputed it with Equifax they ignored my CRR proof of request for validation, estoppel, and intent to sue letters. Every time they would verify it and keep it on the report. I don't expect them to fix it this time either. Lawsuits are all this company understands. I am giving it until March 15 and then will sue both Equifax and RMA. I won't settle for deletion either since I have them on violations. It's a $58 dollar account so I will enjoy running up a big legal tab on them. I told them in my last letter that it was their last chance to resolve the matter amicably and that if I am forced to file suit I will not accept settlement for deletion.
RMA is the anti Christ. They were comming after me for some account with MCI that wasn't even mine! I had to go through several months of their b.s. It FINALLY got removed after I Fed/Ex and faxed them validation letters.
I am having the same problem they bought an old sears account. It only shows up on Equifax I justsen them a 2nd validtion request! And in tha letter I also asked them to remove those EVERY month inquiries
yep- they are only on my equifax report ALSO a sears account. The sears account is due to expire off my report this year- RMA has decided it wants to keep it on there until 2006-- it is an obvious violation of the FCRA. I disputed it first on these grounds, they verified. This teed me off- so I sent a validation, no response. According to what you guys say, I am sure no matter what I send to EQX they will continue to verify it... this is very disheartening. maybe enough lawsuits are filed against them, they will finally get it through their thick skulls that they are not above the law...
I just got a letter from RMA for a Sears account as well. Makes one wonder what Sears is up to, if RMA seems to have this track record of several violations. RMA offered a settlement, but stated that the settlement is only valid for less than 21 days. Does offering a settlement with a cutoff date less than 21 days any type of violation? Seems like they want to bait you with a settlement, but not allow you 30 days for any type of verification, validation, etc.
Yep i know these idiots.... check out the link below, they have a class action lawsuit against them as we speak... http://www.classactionamerica.com/cases/case.asp?cid=1034 I have friend whom they reported a debt on his file for two months without sending him a letter of the debt, no chance to validate. Then last month sent him a collection letter that they were asigned the debt and he had 30 days to dispute... The debt is no longer on the file, but he has proof(credit reports) that show they reported before sending validation.... They are totally screwed now......
