I'm new and have about 5,000 in debt. Mostly charged off and was reading everything which is helping greatly, but what I am not clear on is. If I have about 6 dings on each CRA do I want to write 6 validation letters to each credit reporting agency? Wouldn't that be too obvious? Please give me anything that would help.
I'm new and have about 5,000 in debt. Mostly charged off and was reading everything which is helping greatly, but what I am not clear on is. If I have about 6 dings on each CRA do I want to write 6 validation letters to each credit reporting agency? Wouldn't that be too obvious? Susan, The debt that is charged off...how long have they been charged off? What you need to determine is if they are nearing the SOL either for legal recourse or falling off your credit reports. The ones that are not charged off..what is the status and estimated time before they charge off? The validation letters go the the CA....but I wouldn't just send validation letters until you receive a notice from the CA..that's when you respond with the validation letter. As for the CRA..you dont send validation letters to them....you dispute...you can do that online with all 3
