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TFlowers
Joined: 20 Mar 2009
TFlowers's page
Posts: 1
54 Magic Points
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Subject: Should I bother demanding verification on old CA TLs?
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Fri Mar 20, 2009 3:23 pm
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I have 2 open CA tradelines from 2005 for $70 and $125. Should I bother demanding validation? The CAs are Palisades and Omni, respectively. I think they show up on all 3 CRAs.
How much should I offer them if I send them a PFD letter?
Also, I have a 90-day delinquent utility bill from 2005. I paid it a long time ago. Is there any way I can pay the utility company to delete it? |
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carol
Joined: 27 Jun 2006
carol's page
Posts: 1308
28489 Magic Points
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Tue Mar 24, 2009 4:01 am
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Yes, you can send debt validation letters to both the collection agencies by certified mail asking them to validate your debt. If they can properly validate your debt, you can come to a pay for deletion agreement and pay it off, else you can send a dispute letter to the credit bureaus and get the listing removed. You can find sample debt validation and dispute letters if you visit the link letters of credit.
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anthony
Joined: 31 Jul 2006
anthony's page
Posts: 550
13573 Magic Points
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Tue Mar 24, 2009 4:06 am
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Yes, Carol is right. Now, if you have both the original creditor and the collection agency listing in your account, and you come to a pay for deletion agreement with the collection agency, then after you pay off the debt, only the CA listing will be removed and not the OC listing. The Original creditor listing will stay there in your report for seven years.
You can contact your creditor to make the delinquent account current after paying some late fees.
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Anthony Marx
A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible. |
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