I have a loan I took out from a private college back in 1999 in the amount of $1000. They turned it over to a CA later that same year. On all 3 reports, they both report a balance. In fact, the OC reports "120 days past due" NOT as a chargeoff and with $1000 still owing. The CA reports $1150 owed. Now, it looks like I owe twice as much as I should. I've disputed the OC account as "not mine", came back verified. Disputed the balance, came back as verified. Just sent off for a procedural request so we'll see. The CA has already validated- I'm just waiting until I can save up a good amount of $$$ to offer a settlement on it. I doubt they'll take anything less than 75%.
Ugh. Great. One good thing- got the word last night at work we're working 6 days for the next month. Love those 66 hour checks My goal is to settle with these people along with any other validated CA's for deletion!
If they will not negotiate with deletion for payment I would try "Restrictive Endorsement" if your state allows it. I have had good success with it recently. Tac
