My credit report is showing the following: CREDIT PROTECTION ASSOC Original Creditor: COMCAST CABLE COMM INC. Status: Paid,Closed/Collection account. Date Opened:11/2002 Date of Status:02/2004 Reported Since:02/2003 Last Reported Date:02/2004 Credit Limit:$1,730 Account History:Collection as of Apr 2003, Feb 2003 This one is so old I don't remember ever paying it. I do remember that they was some kind of dispute over whether I returned a stupid digital cable box...which I did. Anyway, what's my best course of action in getting this removed? If it isn't removed when I can I expect it to come off? I've been a customer with GMAC for the past 8 years (2 leased cars and 1 recently purchased car). In the 8 years I have only missed one payment. The problem came when I got my last car. I traded my leased car in with excess mileage (total charges came to ~$1200). The dealer said that since I was turning it in and getting a new purchased car, which was financed again through GMAC I would not owe any fees. Obviously I have no way to really prove this other than the fact that I didn't have to pay the fees before I drove the new car off the lot. Now my credit report is showing this for the excess fees of my previous car (note I got my new car in Jan 08) Experian is showing: 30 days as of Apr 2008, Feb 2008 Transunion is showing: Charged off account What should my plan of action be on this one?
The collection was opened in 11/02, so you can assume the date of first delinquency was probably 1-3 months earlier (for this type of account). Looks like it will come off around 3Q 2009.
Thanks, jlynn. So should I bother trying to get it removed or should I just wait until it falls off? Any suggestions on the GMAC account?
I think you should be patient and let it fall off. Thats if you are not in the market for a house, car etc..........
May as well dispute it. CPA is a fifty-fifty proposition even for us. Make sure you communicate with them and ask for validation under the Texas Finance Code. As for GMAC, we have good luck with them through a contact. I would recommend contacting them through a goodwill communication.
Credit Protection Assn I have had good luck in getting deletions when filing a BBB complaint. The owner is Nathan Levine, and his son is actually the registered rep, Steve Levine. His email address is stevel@creditprotect.com. The address is: 13355 Noel Rd. #2100, Dallas, Tx 75240, telephone number: 972-233-9614 and fax is 972-385-9601. Also, Apex can you provide the name of the contact at GMAC for the goodwill letters?
Unfortunately, no, since it came through litigation and there was a non-disclosure agreement involved.
