I have read various posts & just want to make sure I understand correctly. I am in the process of cleaning up my reports and paying on old accounts. I have noticed multiple lines on my report for what I believe to be the same account by different collection companies. some report the same open date, some don't but have the same amount with a new "reaged" date. Some haven't updated in at least 3 yrs and some are in the last 4 months. Am I able to have the old ca removed if another ca bought the account? Isn't this double reporting? There are 3 accounts that have at least 2 different ca reporting for it. If I can get these removed, it would be a big help.
Joined: 02 Mar 2007 Emmy's page Posts: 15 Location: Show-Me
Have you disputed the TL with the CRA? If not, I would start there. Dispute the TL with the CRA's. If they come back verified then send a DV to the CA's reporting; certified mail return receipt requested of course.
No I have not contacted the CRA yet. I sent the DV letters to the CAs first. I have received responses back for two TL stating that those CAs will remove their accounts as they have been closed (or unable to validate LOL), I'm still waiting a response from the other CAs on those accounts. I'm sending the ones I have to the CRA today CMRR. Thanks
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.