CA sold to another CA during valida

Discussion in 'Credit Talk' started by kseab, Mar 25, 2003.

  1. kseab

    kseab Well-Known Member

    So while waiting 30 days for the validation from one CA and beign assured by them they could do nothing until it was received, we just received letters that the accounts are now sold to an attorney - ie. another CA.

    Secondary CA will now have to restart the entire validation process again?

    Seems to me this is a nice way for one CA to sell a "dog" before it's proven as so (through no validation) and give it to another CA and in doing so basically stall and "buy time" for the validation issue -- as it restarts the clock for the CA and original creditor and leaves us waiting longer for validation.

    Is this common?
     
  2. QUEEN_BEE

    QUEEN_BEE Well-Known Member

    I think they could not get validation, thus they would rather dump it on someone else rather than admit it to you. From what I have read, they do that quite often.
     
  3. jlynn

    jlynn Well-Known Member

    Take a look at Butch's subsequent CA strategy letter in the sample letters forum.
     

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