This damn ca for the Compass Bank repo from 95. Last summer Compass sent me a letter apologizing for reporting it as a repo along with a UDF removing it from the cra. As of now, it is way past the sol, and past the 7 year reporting period. About 2 weeks ago I got a letter from a ca trying to collect for Compass. I called Compass and they again apologized and said they would call the ca and stop any collections. So far as of today, they claim to have been playing phone tag. A couple of days ago I found an inquiry on TU from this ca. It cost me 29 pts and is my 2nd reason code. I called Compass and told them they had better get the ca to remove the inquiiry. Today I called the ca. They say they still haven't spoken to the bank, and as far as the inquiry goes, he will speak to the ca mgr. , but doesn't think they can remove it. I told him to be prepared to either remove it or pay me $1,000 as per the FCRA. The demand is going out today.
Absolutely. Have a credit report from the week before with no collection inquiry. Then have one from this week with the collection inquiry, the drop in score and the reason code. And, absolutely nothing else is different.
Hi, A 29 point score drop is painful. Hey, too bad you can't charge 1000 per point drop Good luck!!!!!!!
