| Author |
Message |
|
Options 
Bookmark online
|
sotailujna
Guest
|
|
Subject: charged off credit card - can it be reported twice?
|
|
|
Thu Apr 09, 2009 3:22 pm
|
|
|
Hello.
I have a charged off debt from '05 on my. It is listed on my credit report. I received a collections notice (planning to send DV letter) from NCO. I checked my credit report and it is ALSO listed by NCO. Is that LEGAL? How can a debt be reported twice? |
|
|
Richard
Moderator
Joined: 27 Jun 2006
Richard's page
Posts: 126
4998 Magic Points
|
|
|
|
|
Fri Apr 10, 2009 10:44 am
|
|
|
Since you have already received a collection notice from the creditor, you should immediately send a debt validation letter within 30 days from the date of receipt of the collection letter, else the debt would be considered as valid.
A debt cannot be reported twice but both the original creditor and the collection agency can report the same debt on your credit report.
_________________
The more you learn the more you earn. Join our community and enhance your knowledge. |
|
|
Matty
Guest
|
|
Subject: Auto- Repo in credit report for 7 years
|
|
|
Mon Jun 22, 2009 11:42 pm
|
|
|
| I voluntary surrender a car in 1998 it was in my credit till 2005. Has not shown in my credit for the past 3 years. Know i received a collection notice from NCO saying I owe them and that if i don't respond they will put me in collections. could a debt that has been in my credit report for 7 years and taken off be put back again? |
|
|
rachael
Joined: 11 May 2009
rachael's page
Posts: 244
6581 Magic Points
|
|
|
|
|
Tue Jun 23, 2009 6:20 am
|
|
|
Hi Matty,
When you voluntarily surrendered your car, it is most likely your creditor sold it off to recover the debts you owed. So it not possible to start collection action for the same debt once again, as it is already paid off.
| Quote: | | could a debt that has been in my credit report for 7 years and taken off be put back again? |
If the same debt accounts reappear on your credit report you should send a "Dispute Letter" to the credit bureaus. You must also enclose copies of all written documents, supporting your viewpoint
Good luck to you.
_________________
Looking forward to a debt-free life. |
|
|
joe
Guest
|
|
Subject: Auto-repo reappears on report after 3 yrs
|
|
|
Tue Jun 23, 2009 6:28 am
|
|
|
Hi Matty,
When your car was sold off, did you confirm that the debt was paid in full? Maybe NCO is trying to collect any remaining balance that you still owe. If you ask for a debt-validation you will come to know, whether you actually owe any bucks to them. |
|
|
dawn1121
Guest
|
|
Subject: item on report showing twice
|
|
|
Thu Oct 22, 2009 11:55 am
|
|
|
| i have a collection account on my credit report showing twice. it is once showin under two bureaus and then it is showing under the third. so it is showing as two accounts even though it has the same account number and same collection company. is there a way i can get them put together or what can i do? |
|
|
