Howdy! I'm your debt helper
Fraudulent Payday Loan on Credit Report
Hopefully I can get some direction with all of this. I watch my credit score very close. Back in December of 2011 my score dramatically fell. I contacted Transunion to get details and was shocked to see an adverse account mysteriously appeared out of nowhere posted by Northern Resolution Group for an alleged payday loan from a company called Global Payday Cashnet in the amount of 525.00. First off and you will probably see me type this a few times.. at no time in my lifetime have I ever or will I ever take out a payday loan. Now I need to back up to understand how this mess arrived.
Back in November of 2011 I received a call from Midland credit Management for a debt that they admitted was over 12 years old. They said it was for Gateway. I'd never heard of it. Obviously it wasn't on any credit report of mine. I told the woman I have never heard of this debt and based on the date she said delinquincey began ( 2003) it was well past the SOL to pursue litigation so why would she call anyone on that debt? She got mad. Called me a liar. Told me I had some moral obligation. I was a theif and deadbeat. I laughed at the name calling and told her none of that made me want to get out my checkbook and write her a check. I told her my credits excellent. Which it was on that day. She laughed and said not really. I was puzzled by that comment but decided the conversation was over and wished her the day she richly deserved and I hung up.
So, flash fwd and all of a sudden one month later I'm checking my credit score and it has dramatically fallen. I've already mentioned immedately calling transunion for details and there is that mysterious payday loan debt. And the date of this alleged debt that I'd never seen before on any prior credit reports? It says it went to collections in 12/212005. It doesn't even note the day it became delinquint. Just the day it went to collections. At that time it says it was verified in 2009. Hmmm why wasn't it on any credit report of mine in 2009? This would make this mysterious debt 7 years old. Not once up until hearing of this debt had it posted to my credit report. Did the woman from Midland pull some strings and somehow contact someone from another collection agency and force a fake debt on my credit report not for collections as I've never been called one time for this alleged debt but to simply ruin my credit score? It also states it will be removed from my report in March of 2013. Now doing the math I'm confused why it would stay on their an additional 3 months after the date they note it went to collections. I had heard it's 7 years from the date the debt began. Either way and all the way around I'm being screwed with BIG TIME.
So back to the present. I tell transunion to run an investigation. I tell them I've never heard of this Northern Resolution Group nor have I ever in my lifetime taken out a payday loan. See, I told you I'd type that again. All I got back was that Northern Resolution verified the debt. Not that they verified if it was legit and mine but just that it was a legit debt. So there it sits still on my credit report. I'm sick of it. I want it off and I want it off TODAY.
What is my next steps? I have already contacted the BBB and filed a complaint. I am calling both the FTC and Transuninon on Tuesday after the holliday. This is as low as it gets. What else do I need to do to get this off? My obsticles are that sense they were crafty enough to date the alleged loan to at least 7 years ago I am not sure if I can get a copy of old bank statements to prove I never had any loan deposited into my checking. Although the plus is I have the same checking I did 7 years ago and I've only lived in the state of California my entire life so if this loan shows a different address in another state thats good. I'm also wondering if this payday loan company was even liscensed in California that long ago. That would be a huge plus. I'd like to be able to show old credit reports for the past 3 years that also prove this debt that they say has been in collections in my name not once was on my credit report until this past end of 2011. Getting those copies shouldn't be too hard and I guess I can ask transunion for them.
Anyone have addtional suggestions? I do not want to see over 500 dollars mysteriously disappear from my checking. I also don't want to find someone was able to get a deafault judgement on me by not properly serving me a summons on what is by their own date past the SOL for prosecution. Not to mention this is not my debt. How do I stay one step ahead of that type of nasty behavior to cut them off trying to get the money without me knowing it? And also how can I get trans, exp, equifax to take that bogus debt off? I've tired calling the collection agency and they never answer the phone. One last thing.. I have the oddest companies running checks on my credit. Most are collection agencies. One is a home loan company that I've never heard of. I have never applied for any loan.
Btw.. Yes I do currently have a fraud alert on my Credit report. It only last for so long. I want this all cleaned up. I've worked hard to get my score up and I want it where it should be which is near or above the 800's. Right now I'm lingering at about 690. I don't like it.
Thanks in advance