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Settlement gone Bad

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gobucks1576

Joined: 25 Jan 2010
gobucks1576's page
Posts: 1

39 Magic Points

Subject: Settlement gone Bad

Mon Jan 25, 2010 10:27 pm

Hi,

I'm hoping someone can help me with what to do next? I recently spoke with and received a settlement letter via email from the Northland Group where I settled a CitiCard account for 25% ($1330) of the balance. I kept the settlement letter and sent a certified check via certified mail with return receipt. Today I noticed there was an update to my credit report and there was no indication of a settlement but instead a $1330 deduction from the overall balance of this Citi account. Is there anything I can do to have it indicated as a settlement like I thought it was going to be? Should I contact the credit agencies or the Northland Group here? Letters or calls? These collection agencies are the worst. Thanks for any help. Heather

cinnamngrl

Joined: 01 Nov 2008
cinnamngrl's page
Posts: 1455

6339 Magic Points

Tue Jan 26, 2010 2:27 am

Contact Northland immediately. YOu should also contact your attorney general
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debranewell2008

Joined: 10 Oct 2009
debranewell2008's page
Posts: 594

99 Magic Points

Tue Jan 26, 2010 2:47 am

Contact Northland and ask that they report it correctly on your credit report.

Aaron
Guest

Subject: Settlement gone Bad

Tue Jan 26, 2010 5:11 am

Hi gobucks,

You should contact Northland Group immediately and ask them to correct this mistake. If they don't comply contact the credit bureaus and explain to them the situation. Be prepared with all the receipts and settlement letter. You should also get in talks with a lawyer.

Thanks.

Heather
Guest

Tue Jan 26, 2010 6:05 am

Thank you all. I will send a certified letter to Northland tomorrow requesting my credit report be fixed immediately. If that fails, I'll look into the attorney general and lawyers aspects. This stuff sure gets frustrating. Thanks again

cinnamngrl

Joined: 01 Nov 2008
cinnamngrl's page
Posts: 1455

6339 Magic Points

Tue Jan 26, 2010 10:34 am

Do not wait to contact the AG
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All credit articles at EHOW

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