Called CA today and they said there is no way they would delete the trade line from my CR. I offered to pay the amount ($1400) in full, and they said all they can do is update as 'paid'. These are my wifes 3-5yr old medical bills that we were honestly unaware of until I ran Equifax's 3in1 with Fico. It only listed 1 open collection for me, and only on Equifax's CR. I disputed it, thinking they were crazy, and it was verified and the CA sent me a list of 8 open collections (medical) for us. Now- what do I do. My current Fico is 647 (Equifax), as is. I am looking to buy a house soon, and have to clear this up. I can pay more of my revolving debt down to raise score, but I dont have a ton of revolving debt as is. Should I pay all CA bills? Just the one listed? Demand Deletion (she was adamant they wouldn't)? I am now wondering if, after verification, the other bills will be on my CR now, too. I am trying to get to 675 avg Fico for better interest rates, and an open collection may seriously hinder a loan anyway. Thanks for you input, I need it!!!
No, I haven't. What kind of time frame would I be in if I were to go the Validation letter route? The CA is Puget sound collections, in Western Washington.
No, I haven't. What kind of time frame would I be in if I were to go the Validation letter route? The CA is Puget sound collections, in Western Washington.
don't worry about those CA tradeline. just make sure you are paying you car payments and other installment accounts including your current mortgage on time. if you are doing that or have another mortgage that you have previously paid off or will pay off most lenders don't care that you have those debts. in that fails dispute the CA with the CRA and keep doing it until they remove the tradelines. After I did the financing for my car in Feb with really bad credit (but got a 4.9%) I disputed must of the negative items on my credit reports and then the others that they said they verified I call the credit bureaus and told them that they are fraudulent accoutns and that they needed to remove them. i also wrote a letter to the creditors and told them that the accounts were fraudulent.
What you really need to find out is the statue of limitations in washington. If the SOL is past, then you don't have to pay once they validate that the debt is actually yours (and the amount is right--often it is hiked up by CA). If the SOL is close (which is my guess), call them again, inform them of SOL looming deadline offer a settlement (I'd say start at 50/60%) with tradeline deletion. They gain nothing from it being on your credit report, but lose if the SOL passes. THEN, follow up with a certified return receipt requested letter with the offer and get them to acknowledge in writing before you pay. If the SOL is close then you are in good shape to get it resolved to your benefit. Oregongirl
