Hi! Im new to the forum and have a ton of questions. I just looked at my credit report for the first time ever. I have 6 bad things on there. Now I thought that my bank account was on there but i dont see it. The only 2 things that i dont recongize is Hilco Recievables and NCO-Marlin. Now my ex and I had the bank account together. Could it have been on his report as well? He has a bank account now so he would have had to pay it off and a couple other accounts as well to be able to open up a new one. And what is Hilco recievables and NCO-Marlin? Any answers or advice would be great! thanks!!!
Not sure what you are asking about on the bank account? Did you overdraw the account without funding it to a 0 balance? Hillco Receivables appear to deal with medical debt. http://www.hilcoreceivables.com/health/index.asp NCO/Marlin is NCO Financial subsidary it seems. They deal with several types of debt. Medical, utility, etc.
ok now it makes sence. Bank account~ Im asking if my ex would have had to pay it off. We had a joint account. He overdrafted the account... I couldnt pay the charges. Since it was a joint account would he also have to pay for it?
If you both signed on the account then yes you would both be liable for the balance left. It's unlikely that will make it to your CBR, I dont think I have ever seen a tradeline for that. You both are probably listed on Telecheck network that report bad checks, overdrawn accounts.
One thing she might like to know is that Telecheck, Chexsystems and other similiar companies that guarantee checks are both a credit bureau just like TU, Equifax and Experian and are also 3rd party debt collectors. As such they have to publish their own credit reports and furnish them to you the same as the regular ones do. All you have to do is ask them. You can dispute with them the same way you do the big ones and they have to follow both FCRA and FDCPA since they fall under both sets of laws. While I've never seen or heard tell of this trick being pulled on a merchant I suppose it could be. A check is nothing more than an I.O.U. so in short when you present a check to a merchant you are in net effect asking that merchant to extend credit to you until such time as it reaches the bank and is either cashed or bounced. If you have checks from a bank which is on the telecheck or other reporter but which is a good check and won't bounce go to a store and attempt to write a check. If it is refused because of an adverse report the merchant has denied you credit. Under more normal situations where you apply for credit and are refused they have to send you a letter stating why you were denied credit. If they don't they have violated law. You could sue them for that. Since a check is actually an application for extension of credit (in a sense) it might make a good case if they refuse to take your check but don't send you that letter explaining why they refused you credit. As I said, that is pure conjecture and if anybody has ever tried it I haven't heard of it. Another one that isn't conjecture and can lead to a lawsuit resulting in good damage awards is in the event you have bounced a check at a place such as a grocery store and they have a copy of the check taped to a pole or a cash register in such a way that it can be seen by shoppers that is the same as putting your name on a blacklist which is seriously frowned upon by the courts. The store can have such a list or pictures of the check passer but it can't be in public view. I know of a fairly large grocery store that got sued for doing that and the damage award broke them and they had to close the doors. Since then I haven't seen any place dumb enough to do the same thing they did.
