hey guys here is the situation: 1. rec'd a welcome to Asset letter dated 3-31-03 2. sent asset a validate letter 4-26-03 3. no response as of today 4. applyied for a personal bank loan 4-12-03 5.got turned down- bank mgr said the asset is on my credit report (EXP) went on-line 4-13-03 and sent in a new round of disputes 6Asset has pulled my CR 2xs 5-13-03 & 5-14-03 What do I do now???
Oops I forgot the spell check if you only knew the stress I am under from not get paid by my employer, to the refi of my home( being lied to by a shady predatory company ) to trying to pay bills and find a new job etc etc etc , mom has cancer, car is breaking down, kids need clothes,diapers shall I go on ???? TELL ME IT GETS BETTER
Man I am really stressed- the corrected & real time dates hey guys here is the situation: 1. rec'd a welcome to Asset letter dated 3-31-03 2. sent asset a validate letter 4-26-03 3. no response as of today(5-17-03) 4. applyied for a personal bank loan 5-12-03 5.got turned down- bank mgr said the asset is on my credit report (EXP) went on-line 5-13-03 and sent in a new round of disputes 6Asset has pulled my CR 2xs 5-13-03 & 5-14-03 What do I do now???
I would send an ITS to Asset demanding deletion as they refuse to validate, and continue with impermissible pulls on your credit for a debt that is not valid. I would also mention you intend on submitting a documented history to the AG of their FDCPA/FCRA violations. Sorry to hear about your troubles......just keep at it and things will spin around in your favor)
Thank You cinderella , Does anyone have any experience with the ITS letter to ASSET???? Do they take their time or do they cave??
Thank You cinderella , Does anyone have any experience with the ITS letter to ASSET???? Do they take their time or do they cave??
ASSET ITS - EXPECTED OUTCOME??? hey guys here is the situation: 1. rec'd a welcome to Asset letter dated 3-31-03 2. sent asset a validate letter 4-26-03 3. no response as of today(5-17-03) 4. applied for a personal bank loan 5-12-03 5.got turned down- bank mgr said the asset is on my credit report (EXP) went on-line 5-13-03 and sent in a new round of disputes 6Asset has pulled my CR 2X's 5-13-03 & 5-14-03 What do I do now??? What Experiences does any one have with these ##@#@#@# CA when you send them the ITS. Also, what section are they in direct violation of? The way I figure they are in violation 4 ways not noting the dispute, reporting & continuing collection activity, 2 non permissible pulls Am I wrong????
ASSET ITS - EXPECTED OUTCOME??? The way I figure they are in violation 4 ways not noting the dispute, reporting & continuing collection activity, 2 non permissible pulls begntexs | ---------------------------------- Seems they are.
ASSET ITS - EXPECTED OUTCOME??? You need to find out when Asset added to your credit report. Before or after your validation letter was received?
ASSET ITS - EXPECTED OUTCOME??? jlynn - my 1st validation letter was sent to them 4-26-03 (yes i have confirmation) the 1st communication was sent to me usmail the 1st week of april
Re: ASSET ITS - EXPECTED OUTCOME??? Thats great, but I would reread my question. When did they place the TL on your credit report? Before or after they received your validation letter? I have some Windex for your comp screen if you need it!!!!!!!! (I'm just funnin with ya).
Re: ASSET ITS - EXPECTED OUTCOME??? My eyes must be hazed up or something...... The Tradeline was not there on the the last report sent to me dated 2-03 however , on my new report dated 5-03 - it says reported since 2-03
Re: ASSET ITS - EXPECTED OUTCOME??? oh i almost forgot ........ TL was placed on CR 1st , they sent letter 1st week of april- I disputed 4-26-03 now they have not responded to my Validation /dispute letter and are pulling hards -3 in 1 week to be exact
Re: Re: ASSET ITS - EXPECTED OUTCOME??? I have some Windex for your comp screen if you need it jlynn ================= Are you sure you can't use coffee as long as it's not decaf? LOL THE END ** *** ** LB 59
Re: Re: ASSET ITS - EXPECTED OUTCOME??? Send a complaint to the FTC, BBB and your state regulatory agency. I dealt with them last year and got it off my reports. It was an uphill battle but I got rid of them. Do a search under my name and you will see my story. Is it within the SOL?? You have to be careful with Asset and document everything and I mean everything in case you have to sue them. If you got turned down for the loan because of Asset you have damages and you could really get some money out of them if you sue and document. Have you tried disputing the negative entry on your credit reports? Have you sent the estoppel letter? Have you read the FDCPA and FCRA just from the limited info. you have given, it looks like they have violated the law left and right.
Re: Re: ASSET ITS - EXPECTED OUTCOME??? hey jlynn & betacredit thank you so much for the bit of insight and personal exp. I TOUT I TAW THAT PUTTY TAT !~~~~~~ but yes I was turned down 3 x's due to thier mess!!!
Re: Re: ASSET ITS - EXPECTED OUTCOME??? Well since you didn't see my last question either (LOL I'm getting a complex!), if you are in TX, use our laws against them. Not much bite in the penalties though. (Chap 392) http://www.occc.state.tx.us/pages/Legal/Laws/Laws_01.htm#Ch392 b) Not later than the 30th day after the date a notice of inaccuracy is received, the third-party debt collector or credit bureau shall send a written statement to the individual: (1) denying the inaccuracy; (2) admitting the inaccuracy; or (3) stating that the third-party debt collector or credit bureau has not had sufficient time to complete an investigation of the inaccuracy. (c) If the third-party debt collector or credit bureau admits that the item is inaccurate, the third-party debt collector or credit bureau shall: (1) not later than the fifth business day after the date of the admission, correct the item in the relevant file; and (2) immediately on correction of the item send to each person who has previously received a report from the third-party debt collector or credit bureau containing the inaccurate information notice of the inaccuracy and a copy of an accurate report. (d) If the third-party debt collector or credit bureau states that there has not been sufficient time to complete an investigation, the third-party debt collector or credit bureau shall immediately: (1) change the item in the relevant file as requested by the individual; (2) send to each person who previously received the report containing the information a notice that is equivalent to a notice under Subsection (c) and a copy of the changed report; and (3) cease collection efforts if the item involves a debt. Here's part of the ITS I sent to a certain CA where I used this against them: (under confidentiality agreement) - They deleted the TL. Subchapter C, Chapter 392, of The Texas Finance Code is very clear on these matters. You had 30 days from the date of receipt of this letter to either respond to my notice, or change the item as requested, and cease collection of this alleged debt. Ignoring my letters was not an option. Violations of this chapter are subject to both criminal and civil penalties, and may also be actionable under Chapter 17 of the Texas Business Commerce Code.
