I have an account that has been in collections with LVNV since 08/2002. The original account is from a Best buy account from 1998. I've been trying to contact LVNV to get a PFD. I haven't gotten responses back but the account is listed as disputed on all my credit reports. They've all been listed as diputed for the last year but nothing is falling off. I don't know how much difference the item is making towards my actual score but the last few times I've tried to do something with the bank they have mentioned it. Should I wait till it falls off or keep trying to contact LVNV?
You say it's from Best Buy in 1998. When was the last payment made on the account? They are allowed to report it for 7 years from the time it went delinquent, not 7 years from the time LVNV acquired it.
