9/2003? I'm reading this and it doesn't make since. Someone yesterday pointed out that zales was sold to CA, recalled, now Citibank owns them. Not sure if that is what makes the reporting as it is? Date opened: 9/96; Reported since 2/01; status: 2/01; last report 3/01; $0 bal as of 3/01; history: charge off as of 2/01, 3/01; status: $455 written off. As I've said before, I *know* that we paid them over $450 in 10/98. I received money from an estate, went into a Zales store with the amount due in full in hand, and walked away. No communication with them sense, except for me calling the CA and asking how this could be and them telling me they got the account from Zales, blah blah blah, can only verify the information they have and it's correct. The account may possibly have been charged off at the point we paid (although I don't think so) but it was still paid in full. We've disputed and it keeps coming back verified. It is off of two credit reports, just not the third. Does anything jump out here as to what direction I should go? Know I sort of asked this yesterday, but I was looking into it further today and realy read all the boxes, lol. Thank you!
They are using the date opened instead of the DOFD. Nevertheless, this negative would come off your report prematurely (to your advantage). Are you complaining?
Yes I am complaining, because the DOFD is WRONG. Which makes it look worse when we are trying to get a mortgage. The fall off date is in sync with the *CORRECT* DOFD. I'm not upset about it falling off--I would like to speed that up since it's due to happen this fall anyway. Just so you know, this 2001 stuff is new information in the past year, different from what was reporting (which I'm assuming is because of yet another sale? why are they selling paid accounts? the old CA told me it was paid in full the first time I disputed it). And it's been removed off of every report but Experian. I'm also not thrilled that they are reporting an amount written off when this is inaccurate information. But every time I dispute it with Experian it comes back verified. So I'm looking for a better plan of attack.
creditcrud Have you sent the CA This letter? Here is the Val Letter you want to send . Don't make any changes on it and don't hand sign it. Your Name Address City State Zip Company Address City State Zip Date RE: Account #_________/Original Creditorâ??s Name Dear Sir/Madame: Thank you for your recent inquiry. This is not a refusal to pay, but a notice that your claim is being disputed. This is a request for validation made pursuant to the Fair Debt Collection Practices Act. Please complete and return the attached disclosure request form. Be advised that I am not requesting a "verification" that you have my mailing address, I am requesting a "validation;" that is, competent evidence that I have some contractual obligation to pay you. You should also be aware that sending unsubstantiated demands for payment through the United States Mail System might constitute mail fraud under federal and state law. You may wish to consult with a competent legal advisor before your next communication with me. Your failure to satisfy this request within the requirements of the Fair Debt Collection Practices Act will be construed as your absolute waiver of any and all claims against me, and your tacit agreement to compensate me for costs and attorney fees. Sincerely, Your Name don't sign - - - Include the following on a separate sheet of paper - - - CREDITOR DISCLOSURE STATEMENT Name and Address of Collector (assignee): _________________________ Name and Address of Debtor: ____________________________________ Account Number(s): ____________________________________________ What are the terms of assignment for this account? You may attach a facsimile of any records relating to such terms. Have any insurance claims been made by any creditor or assignee regarding this account? YES/NO Has the purported balanced of this account been used in any tax deduction claim? YES/NO Please list the particular products or services sold by the collector to the debtor and the dollar amount of each: Upon failure or refusal of collector to validate this collection action, collector agrees to waive all claims against the debtor named herein and pay debtor for all costs and attorney fees involved in defending this collection action. ________________________________ Authorized signature for Collector Date_______/_______/_______ Please return this completed form and attach all assignment or other transfer agreements that would establish your right to collect this debt. Your claim cannot be considered if any portion of this form is not completed and returned with the required documents. This is a request for validation made pursuant to the Fair Debt Collection Practices Act. If you do not respond as required by this law, your claim will not be considered and you may be liable for damages for continued collection efforts. The END ************************* LB 59
