Somehow I can't help but laugh at this... I sent validation letter to a CA on 1/12 - they didn't respond. I sent estoppel letter on 2/23 - same day I disputed with all three Bureaus. Today I check Experian and the CA shows "updated" - hmmm, sounded odd, so I pull up my report... Now my collection shows as a positive paid (Under accounts in good standing), thereby bumping my positive accounts up to 14, and on Ex my score has now improved 11 points My opinion of this CA may change after all...good collection company, good boy, bump up GT's credit score GT
LOL Dani - forgot to add that it shows as 10 months paid. They must be terrified of a Creditnetter, I tried disputing it last year on my own and everybody (Including the CA) laughed at me. Can't wait to see if it falls of Equifax - I need that score to go up, everybody in Tx uses EQ...
Same here I have a medical collection that appears under the 'account' section of my EQ report too, actually it reports that way on all the reports its been placed on. But boldly somewhere near the tradeline they disclose that its definitely a collection account.
Re: Same here Do they really?? In that case, should I redispute it since they never responded to the validation??
Re: Same here It's better to have a collection removed entirely.. having it say PAID is not that much better if any better than UNPAID.. get them to remove.
Re: Same here there is no such thing as a positive collection agency account, no matter where they put it. and they may have just reaged it, thereby decreasing your real score. get it removed completely. that's the only acceptable solution by the way, under the old fico models a paid collection is worse than an unpaid one: why? because it makes the date of last activity recent (last 24 mos counts most in your score). In the new models, a paid account is better than an unpaid one. Problem: most companies won't pay for the new score models. Why? old models give worse scores, increase your interest rate and they make more money off the interest.
