debt validation, debt, debts, dispute form

I sent out a debt validation letter on the 17 of September, Its already the first of October and I haven't heard anything yet , do they wait until the end of the 30 days to respond? What happens if the don't respond to my letter? If I don't hear anything by the 19 of October ( that's when they received my letter) do I send out copies of my letter to the 3 credit reporting agencies to have the debt removed. Is it really this easy?
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Free Credit Dispute Form Letter
Grab the credit dispute form on the page above
Dispute accounts as not yours.

Legal debt validation follow up letter for a collection agency. My rights by law

Just an update I hope that's okay.
I looked up the actual FDCPA 801 (b) outlined in the debt validation letter. I decided to submit one last letter the collection agency outlining to them the actual documentation required under the act which I know now they cannot provide to me. I hope this letter will help to avoid involving any other agencies. I feel its worth a shot.
A lawyer actually wrote this letter and I found it on the web.
I am submitting a copy of the letter to you in case other people don't want to file with government agencies for assistance.
Perhaps I'm overstepping my bounds but I hope you will consider using this in your website as a second response letter to the first if folks can't get what they are seeking. I'll let you know how it turns out.

Thanks again for all the info and for your tremendous website!
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The legal debt validation follow up letter is here.

What do you think about these credit cleaning attorney online companies like creditbureauexperts.com, or .lexingtonlaw.com. Those are just two that came up on my search engine. I stopped paying my credit cards about 5 years ago, I currently have one credit card company pursing my account in court, trying to garnish my wages etc. I have no income, no job, no assets, I am a full-time mom and full-time student, unmarried. what is the best route for me to take as far as cleaning up my credit. I would like to be able to buy a car and maybe a house someday with good credit, or at least get approved to get a cell phone contract or little things like that. I have some funds to "negotiate" with the creditors to pay off my debt, and or pay a credit clean up company.what do you think?
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no income and no job means forget about credit. You couldnt pay if you wanted to.

Impoved credit score. Max out credit card. Debt Ratio. Credit score

I have improved my credit score to 695 (from 648) a year ago. I am need to make a big purchase (necessity) and need to use my credit card to do so. I have the choice of either maxing it out or just staying about $300 - $500 below the credit limit. Will there be adifference? I will be paying this off within a year but how far down do you think my credit score will drop? This will also affect my husband's score and his is lower than mine (around 665). I'm so bummed but there's no other choice.
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Your score could drop 20 points if you do not have much credit out there.

When or if you max a credit card out then, get it lower than 80% to high credit limit as fast a possible and no harm will be done.
Once you pay it down to less than 80% your score will be as good as it was before you had a debt ratio problem with that credit card as long as no other things changed.
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Debt to High Credit Ratio
(how much you owe on one line of credit to your credit limit) Counted on credit score<
is different from

Debt to Income Ratio
(oustanding monthly bills to monthly income) NOT counted on credit score
but is counted by lenders as ability to pay. Normally less than 45% is what a lender has to go by. If you have more than 45% bills to income you can be turned down.

Credit cards closed or discharged now in collections

I have to credit cards on my credit bureaus that have been closed/discharged....Recently I have been received phone calls from the companies looking for a settlement offer....as far as I knew once they have been closed/discharged I don't have to make any kind of repayment...please advise
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That is a common assumption with no clear answer other than many debts get sold and re reported on credit reports.
Try to stop it here.
Or negotiate and pay a settlment.
Or face the posibility of continued bad credit from this account.

Credit card and collections and bad debts. Help my credit score.

I had a credit score of 595 a couple of months ago, but a credit card company that was reported as a charge-off back in January 2006 just started reporting negatives on my report from then until now (15 months worth) which brought my score way down. I tried to contact them by letter and no response. They turned my account over to a collection agency and still no response from them. This dropped my score to 522. They are saying I owe way more than I do but I can’t get them to validate the debt. Any suggestions on how to get them off my report and/or stop reporting? I have another credit card that is listed as a charge-off, also transferred to a collection agency (the collection agency has not reported yet). I need to get them off there as well. These are the only 2 things that are on there as current negatives.
I also have a few other minor collection accounts that were paid but still on there. I have disputed those as well, but still no luck in getting them taken off.
Also, there is another account in collections but not on my report. I was making payments to the original creditor, but they decided to turn me over to collections anyway. It was turned over in 2005/2006, then recently turned over to another collection agency. The debt is about $1400.
I have 2 car loans (both current), 1 current credit card w/ $200 limit (just received, dropped score), student loans (totaling about $30,000 but still deferred), 1 loan for a timeshare (loan was made through a collection agency and we were not made aware of that when we bought it). Altogether my current debt is around $60,000 and my credit score has dropped to 499. I need to get this up over 600 ASAP so we can buy a house. Please help!
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If they cannot validate the debt with a debt validation letter sent certified delivery, then dispute the file and send in copies of what you sent them to validate.

Write 50 word or less explantion with your disute

You should pay the second card and get it re opened
One year from now they will take the charge off, off

All paid collections never come off it seems.

Try to keep the new collections bay by making payments and asking them not to report.

The 200 dollar limit cannot go over 160 borrowed and you need 1 year on the books. should help in the long run. 1 year

Pay anything to below 80% that you can.
Pay off anything you can

The deferred student loans almost assuridly show 100% owed.

Get that down to 80% and that will help

New Fico credit score rules.

Since the model is a complete secret, here at Credit Line we do not know what is going to happen to your credit score and how it is going to be affected. However, we do have some information from the Fair Isaac Corporation:
1) Authorized Users are no longer going to be counted in your FICO Score.
2) Length of credit history is not going to play as large a role as it does now.
3) Payment history is going to be weighted more than it is now.
4) Right now, FICO divides the population into 10 segments and applies a different formula to each segment. People without serious credit issues fall into 8 segments, and those with serious issues fall into the remaining 2 segments. In September, this is going to change to 12 segments, with 8 segments for good credit history, and 4 for bad credit history.
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They are saying you cannot piggy back to better credit now
Seldom used credit help technique where one person is assigned an "authorized user" on anothers credit card. They new person gets instant good credit of the pig's past good credit.

And really they should do this. One should not get good credit for doing nothing.

Affects very few people. Mostly children and such. But has been abused.

Do you have any authorized users on any of your credit cards?
If there were, then this would affect them.

How can collection agencies on a yearly basis change the date of last activity.

How is it that the collection agencies can, on a yearly basis, change the date of last activity? Is this illegal? The debt is well over 15 years old and yet is it being reported as active.

How can I get them to stop and remove this from my credit report?
If you have any questions, please feel free to contact me directly.
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They sell them to each other.

Be sure to try this Debt Validation letter.

Pay them and be done if you can.

Inquiries. remove Inquiries. Experian will not remove inquiries

I am writing because I hope that you can help me get some illegitimate inquiries off of my credit report. My wife applied for some loans in her name and the mortgage company pulled a tri-merged joint report. I did not know about the inquiries until later they showed up on my credit report. I wrote letters of dispute and telephoned Experian who told me that the only way to get them off my report was if the mortgage company was to request the inquiries to be removed. Experian said that inquiries are not treated like ordinary items and they cannot be removed without the express permission of the company that recieved the information. The mortgage company said that they will not remove the inquiries. These inquiries have all happened within the last 12 months and they are hurting my FICO. What advice would you give?
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That is just one hit per bureau.
Unless your wife went to several martgage companies

Any time one signs, to get approved, that is legal authorization to get you approved no matter what.

Even so, if you have less than 15 inquiries or so, your score is not really affected.

Judgment, Judgments

I have a judgment against me involving an auto accident several years ago. Actually, it was my son who was in the accident, and the woman he hit sued. The case was settled through the insurance companies. I paid nothing out of pocket with regard to this lawsuit. So imagine my surprise when this judgment turned up on my credit report. I am having difficulty with credit following my divorce several years ago, and I'm trying hard to fix things, but this judgment is causing a problem and I don't know why it's there or how to get it removed. Can you help? This judgment also shows on my son's credit report. He's 24 and just starting out, and this is a big problem for him as well.
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If you were in court or did not show up to court and could not be found to present your side of the case, then I understand. If I can't help but let it get that far and it goes to court. Credit will be affected.
If you think it should not be there, then dispute it and see what happens.
Then make contact with the findings and see if something is wrong.
www.oskie.com/credit-dispute.htm

Medical collection date of last activity. Pay off

I have worked very hard for the past 6 months getting my credit report fixed. All I have left is a $373 medical bill (that I think should have been paid by insurance company). None the less, I have called and ask them to remove if i pay in full. "NOPE". Well, this bill is 5 years old. And if I pay it off my score will drop due to activity. And right now for me every point counts. I am wanting to get a new car. If they drop me 10 points, that stops me in my tracks. What should I do?
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I like to pay off everything no matter what. Having it paid helps too. So many times a re date will offset by having a zeroed balance.
The 10 points will be back in a matter of 6-12 months if you have good open credit now.
Some lenders turn people down for just one outstanding collection.

new account of same debt. Two bad debts for one now. Is that legal?

I have a charge off from back in 2002 when i lost my job, that the company was sold and reopened my account as a new fresh debt. Is that legal? I've heard of new companies who buy out old companies being able to attempt to recollect, but I never heard of them applying the same debt as a different creditor.
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Send them a debt validation letter and find out for yourself.

Trying to build my credit. I need a new credit card.

I'm an immigrant from germany and just received my ss number and try to get a credit card to build my credit. I already have a car loan which i got because of connections in the bank. Officially i'm working for my current employer for 2 month (not officially 2 Years (cash)). I dont like the cards where i have to pay a fee. is there anybody that can aprove me for a card? Can you help me with that? My houshold income is around $38000.- a year...
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Make sure the car loan is REPORTED TO A BUREAU
or it won't help your credit

This is the best place to get started on cards. They all report and will help you get started.

I like gas cards. Bp Oil and Such
Stop in a exxon or BP oil and grab a card aggreement
fill it out and send it in.

If you get turned down
Do it again but send in a casshiers check with your application for 300 dollars
They will do it.

Charge off utility and collection. Remove

I subletted a coop about seven years ago. The reason I relinquished it was the landlord wanted to sell it, so I moved out, and (mistake) left the power on for her until she transferred it to her name. Bottom line: she waited a month, ran up another $51 in electricity charges, and I never got the $51 bill. Years later I was contacted by a collection agency. I paid it with the explanation above, and have run into brick walls trying to get this "derogatory mark" removed. Any suggestions I'd welcome. Thank you.
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Nope
Same thing happend to me with Nashville Power in 1992 and that is what started this whole credit help webpage thing.
One can sometimes get credit cards, hopsital bills, collections to negotiate.
Utilities almost NEV ER.
Get new credit and go on

Dispute form. Contact creditors. Raise credit fast

There are things on my husband Equifax report that don't have a creditor...do you know what I should do?
Thanks, We are trying to raise credit fast, and paid off everything this week. They were mostly medical debt. Does this actually lower our credit?
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Dispute any possible errors on your report as not your with this form.
It is good to try to negotiate before you pay to get things roved completly, but anytime you pay stuff off it looks good and eventually helps your score

Chapter 7 Bankruptcy

I filed Chapter 7 in 2002 and it was discharged in November 2002. Can I get this removed after 7 years? Is there any way that I can work with the bankruptcy court to pay all the creditors what I owed at the time of the discharge and have the bankruptcy removed earlier than 7 years?
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No. Chapter 7 is a matter of law and a final unchangeable fact.
Just get new good credit and do this
Get new good credit that reports to bureaus
The total Visa reports to all three bureaus.

Collections and Judgments

I had an account show taken to collections and later taken to court. The one taken to court now shows up as a paid civil judgment and the other as collections. Is there anything I can do about this double hit even though it's the same account?
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They are both levels of deliquency on one account.
You were charged off then collected on.
Might help to get one off but not as much as new good credit would help.
I would dispute the item as not mine or duplicate.
Universal Dispute Form

Charge offs.

My girlfriend and I are looking to buy a house in the next couple years and we need to clean up her credit if we are to finance a house. She has accounts that are "charge-off"-ing on her delinquent accounts month after month. Is this a legal way to represent a charge off? The charge-offs have been on here credit report for 48 months, each month with a charge off indication.
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If they submit it to the bureaus and the bureaus accept the entry which it seems they have. Yes they can.
I would verify the debt or dispute the accounts if you think they are not right.
Remove completely
Universal Dispute Form

Inquiry on my credit report. How much does it hurt my score.

I opened a new bank account and the bank mistakenly sent me a new credt card even though I emphasized that I did not want one. Since I had not submitted enough financial information, the application for the card I didn't want was not approved for use and now shows up as an inquirey. I did not attemt to activate or use the card. How much does this inquiry affect my score? How can I get it erased from my record? Experian does not seem to offer a mailing address for disputes and seems to require one of their reports vs. a 3 in 1 from another agency (Equifax).
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Inquries do not really hurt score unless you pile on about 20 or something.
Most inquires cannot be removed and they are not worth troubling yourself over.
You can try to dispute them with this form. Credit Dispute Form
1-5 inquiries have no efffect. 5-20 probably about 5-20 points max.

If I pay off my credit cards how much will my score go up.

I have two credit cards that need to be paid off. The amount is about 700 dollars. How long will it take for my credit score to go up after I pay those off?
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30 days or less if they are maxed and at least 1 year old
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Do you know how many points it will increase? If its about 2 cc with about 400 each.
Thanks. Those are the only bad cc I have on my credit and they messed up my credit. I had some other ones on my credit report about 3 years ago, but I paid them off.
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I don't know your score now.
Do you?
Do you have 3 open lines of credit now, that are at least 1-2 years old and with no late payments in the 1-2 year period?
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My score now for TransUnion is 579, experian 548 and equifax is 579. I still have 2 credit cards that I need to pay on which I am going to do this month. I have a car loan that I pay on I had one late payment. I have a store card that I always pay on time, and a student loan that I will start paying soon. The 2 credit Cards I think are killing me. One is capital one and one is a store charge card. I called to pay them off, and they told me they were going bankrupt so now they are trying to collect.
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Pay any collection or charge off after negotiation. Reopen same accounts if possible buy sending in up front payment so they trust you. Make sure the report to bureaus.You need three open reported lines of credit
Make sure balances are less than 80% of limit.
Close capital one and get another card here.
Credit Cards for new good credit
Make on time payments for 1 to 2 years and your score will go to 700
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Thank you so much! I have one more question for now. If I try to open one of these credit cards at credit.com will it take away from my credit that I do have?
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No it will not.