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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?
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.
Auto- Repo in credit report for 7 years
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?
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.
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.
Auto-repo reappears on report after 3 yrs
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.
item on report showing twice
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?
debt collection
hi. i had a credit card that was placed in collection in 1996 and, after 7 years, fell off said credit report. it has been clear since then. yesterday, i recieved a letter that the same debt was in collection and , if i refuse to pay it will be placed on my credit report again. is this even legal? thanks for all you can tell me.
this is not legal. so unless this is a judgement there is no way it will be legally put on your report Send a DV and send a copy to your attorney general. Threatening action that is not available to them is a violation and you may be able to sue them.
chargedoffs
We have an old acct we have been paying a debt collector for 2 years now, the original creditor City Bank tractor supply, charged this off in 2010, now as of Sept 2016, they have charged it off again, can they keep charging this even though we have been paying on this account?
chargedoffs
We have an old acct we have been paying a debt collector for 2 years now, the original creditor City Bank tractor supply, charged this off in 2010, now as of Sept 2016, they have charged it off again, can they keep charging this even though we have been paying on this account?