What is needed to report a debt?
A collection agency called almost a debt incurred in my christen from an address where I enjoy never resided. (apparently someone used my name to subscribe to dish network)Can they post this on my credit report, even though they don't hold my SSN? Isn't the burden of proof on them? Can I request copies of reciepts or forms I am supposed to have signed?
They want ME to bounce through hoops to dispute this. I'm tempted to simply tell them to report me if they can.
Advice? Thanks
Answers: You may hold to jump through hoops. The problem next to dish network is they do ask for a SSN when subscribing, as near directv, someone who gave your nickname also gave yor SSN, you are a subject of identity theft. You may own to file a police report, yes you can ask to see copies of any contracts or signed authorizations.
Yes, they can put the item on your credit report even minus your SSN. You would then own to dispute it and go thru a few hoops to return with it removed.
Chances are the collector did a skip trace for someone with a similar term. Send them a certified, return receipt communication indicating this is not your debt and that you never lived at that residence. Request they provide validation of the debt to include copies of contracts or other documents that prove this is your debt. If they are unable to provide such documentation inside 30 days, to cease and desist contacting you.
They will probably budge away. But don't be surprised if you get a phone telephone from another collection agency in a few months. Just distribute them another cease and desist dispatch.
Be sure to check you credit report and dispute it if it shows up.
Can a credit card company chase you for a £500 debt after 15 years.?
After 15 years i have received a communiqué from a debt collection agency with regard to a debt of lb500 owing,,I thought this was forgot almost and written off by the dune.
I have a greatly good credit rating at the moment and bank are offering me loans and credit all over the place..
Can the debt collection agency do me any impair (financial type)
Any info would be appreciated,,
ps,,What do i do with the 3 packages i have be sent..??
Answers: A debt only last on your credit record for 6 years. They will own bought the debt and will try to chase you for it. They only construct money if they collect from the debtors. They wont take you to court (never for such a small amount) so i would transport the letters pay for saying `he doesn`t live here` they will supply up eventually.
Credit card companies generally mart your debt to a collection agency for about partially of what you owe, and write off their losses. However, the collection agency may stir after you for the debt at that time.
Any debt you have is supposed to be written sour on your credit reports after 7 years. You can call them and trade name a payment arrangement next to them if they are threatening you with taking you to court. However, since it have been 15 years, I don't estimate there is anything they can do going on for it.
Banks sell 'debts' on to 'Collectors' for a pittance. The rest of the money, they simply write past its sell-by date, by means of an appropriate accounting entry. These 'Collectors' will pester you by memo, incessant (and, at all times) mobile calls, personal visit, talking to your neighbours, threats of endorsed action, the threatened or actual registration of adverse information beside Credit Reference Agencies, etc, etc. As for their 3 letters: 1. Write them a missive along the lines; "Dear 'debt collector.' I am sitting in the smallest room surrounded by the house. Right now your communications are within front of me. Shortly, they will be behind me. Trust I shall not hear from you again, unless it is by your solicitors, acting upon - without a doubt - well-prepared instructions. Your informatively" - (Your usual signature and date.) 2. Send your letter record delivery. 3. Retain a photocopy. N.B. If they respond, you enjoy our e-mail address.
Help Busted credit?
I need assist. I need to know who will submit me a loan to pay sour some of these collections I have on my credit so I can catch a FHA home loan. I only necessitate about 5000 and I don't enjoy any other dept besides that. What banks out in that willing to backing me.Answers: for a $799 retainer, my credit attorney can remove all those collections as if they never be.
if no banks will lend you the money walk to www.prosper.com.. you will find people lend people money..It's legit.