Hello Everyone, Just a quick question about settling a debt with CA. I asked for validation twice and never got a response. So I in the process of sending them a final letter from them to validate or I'm suing. The CA (Asset Acceptance) sent me an offer letter of 50% off the debt and they will report it as paid. The total debt is only $200, so we are only talking $100. I called the CA and asked, if I paid would they delete it entirely and I was told that I would have to pay first and then they could delete, but they are not willing to put that in writing. They claimed they validated, but I never received anything except this settlement letter. Its clear to me that they are not going to validate this debt and not going to delete it even if its paid. I'm stumped, and unsure if I should accept their offer or go ahead with the intent to sue letter?
They will not validate it because they have nothing to validate it with. It's Asset Acceptance. They will not delete it if you pay it because they do not have to delete it. It's Asset Acceptance. They may not have to validate it if your request was not made within thirty days from your initial communication from them. Was your request timely? If not, target the tradeline through the credit reporting agencies. You may be able to delete it. If not, they'll violate the FDCPA and FCRA. Then you'll have some real claims.
I guess its not timely, because I didn't know it was on my report until recently. My error. I tried disputing with the CRAs but they verified it as correct. I disputed it as not being mine, because I believe it was paid long ago. I didn't dispute the tradeline, but disputed it as not mine? I guess there is a difference?
