Please help me fight CFC/Asset Acce

Discussion in 'Credit Talk' started by ronaldh, Jul 29, 2004.

  1. ronaldh

    ronaldh Member

    I wrote awhile back about a situation I am having with CFC Financial (Asset Acceptance). I originally disputed with the CRAs that this account is not mine.
    I sent a certified letter to CFC on 5/21/04 demanding validation and proof of claim. I heard nothing back from them until 7/15/04. They sent me a one-page "account statement". It gives a statement date of 7/15/04. An account number; lists the prior/original creditor as SBC Michigan. It gives my name, the principal amount, interest/fees and total balance (which keeps climbing).
    In the meantime, they have also continued to 'update' the information on my credit reports.

    I disputed (online) with the CRAs that CFC has NOT provided me with the validation/proof of claim that I requested. I also stated that they appear to keep reaging this account. (It is showing a collection/chargeoff as of June 2004)

    I just received a response from Experien stating that the account has been updated. I contacted Experien and asked how they could possibly update an account where I have received no validation/proof of claim. I was told they can only go by what the creditor tells them.

    Please help me. Enough is enough. What letter(s)/steps do I take next
     
  2. lbrown59

    lbrown59 Well-Known Member

    1*. It gives my name, the principal amount, interest/fees and total balance (which keeps climbing).
    2*. They sent me a one-page "account statement". It gives a statement date of 7/15/04. An account number; lists the prior/original creditor as SBC Michigan
    ronaldh
    1*Does it give a complete listing of all checrges and credits from the date the account was opened with SBC.?If not what they sent you was not validation!
    2*Was this on SBCs letter head ?Ff not it was not validation
    1and 2 if this is the case I would send the CA the 15 day estoppel.

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