I know when I had an 85.00 collection on my credit report and it was paid they never reported it "paid" so I disputed it as paid and equifax updated it as "paid collection." Guess that is better then not paid.
No, they don't. § 809. Validation of debts [15 USC 1692g] (a) Within five days after the initial communication with a consumer in connection with the collection of any debt, a debt collector shall, unless the following information is contained in the initial communication or the consumer has paid the debt, send the consumer a written notice containing -- (1) the amount of the debt; (2) the name of the creditor to whom the debt is owed; (3) a statement that unless the consumer, within thirty days after receipt of the notice, disputes the validity of the debt, or any portion thereof, the debt will be assumed to be valid by the debt collector; (4) a statement that if the consumer notifies the debt collector in writing within the thirty-day period that the debt, or any portion thereof, is disputed, the debt collector will obtain verification of the debt or a copy of a judgment against the consumer and a copy of such verification or judgment will be mailed to the consumer by the debt collector; and (5) a statement that, upon the consumer's written request within the thirty-day period, the debt collector will provide the consumer with the name and address of the original creditor, if different from the current creditor.
Queen Bee Sorry but I got plenty of paid collections of my credit report using validation notices. Know why? Cause they never sent those notices to me ever. So how would I know if it was ever my debt? Most of the ones I paid? The CA sent the initial communication letter AFTER I had paid. I asked them nicely to delete, they laughed, I filed, they deleted and I laughed and got 1000 dolllars.
I'm going thru a similar situation. I have a paid collection on my CRs, but I never paid the CA. I never even had a conversation with them. I returned some cable equipment and paid a balance (that I honestly did not know I had) to the OC. If the account was being handled by a CA, shouldn't the OC have told me to contact the CA? They didn't and now I have a paid collection from that CA on my report. How's this line for you: "Our client told us that you satisfied your debt with them, so we send notification to the major CRAs to update your account as a paid collection." I'm currently on my 3rd letter with them to get them to remove it. I've asked for validation of the debt and documentation and they send me a "chronology" of dates that they "sent" letters to me. I just can't find the one piece of law that says that they can or can not do this type of reporting. I'm getting some help from a CN member, but if anyone has more advice, I'd be glad to hear it. Kiyi, maybe you could share some of your secrets with me. As always...
Credit Management Inc. the CA? Ok so you dealt with the Cable company and never dealt with the CA? They had no communication with you whatsoever? Then go to your court house file papers stating they never validated the debt and continued collections. Do you think they will go to court or just delete the tradeline?
