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I have a few collection agencies that have several listed accounts. Should I just send one letter or send one letter for each account?

Also no matter how many times an account is bought and sold, the removal date is still the date of first delinquency with the original creditor right?

Posted: Fri Aug 31, 2007 10:22 am Subject:

I always advise one dv letter for each individual account. No matter how many pass thru an account the reporting sol will remain the same date. The date of first delinquency will stay the same and determine when account drops from report.

Posted: Fri Aug 31, 2007 10:23 am Subject:

I would send a diff letter per acct to keep it from getting confusing but u can send all the letters in same envelope.
Also, yes date stays the same from last payment.
Good Luck,
Ang

Guest · Posted: Fri Aug 31, 2007 10:53 am Subject:

Thanks, I thought so on the SOL. I will get on the letter (I have lots to type unfortunately) and I'll let everyone know the outcome.

Posted: Fri Aug 31, 2007 11:00 am Subject:

In my opinion, you should dispute the item directly with the bureau and get it fixed. They will verify each of the items with the data furnishers and if your dispute it found correct, the item will be immediately removed and an updated credit report will be sent to your mailing address. This process seems to be much faster than contacting each of the companies and waiting for them to update your records with the bureaus. However, you can send a copy of the dispute letter to the collection company when sending to the bureau. Make sure that the letter is sent through certified mail and return receipt requested. You will have proof of the actions taken to resolve the matter.