Should I settle??

Have you had them validate the debt?

you mean with a letter, no

should i do that, i didnt even think of that, they said that they have not reported me to the cb yet because they just got the acct on oct 07, so i will fax them something, thanks volley :)

Don't do anything until you follow volley's advice. Have them validate this debt to make sure that they have all the necessary information on this debt before you pay them a dime.

ladybug

thank you guys, i just called to get the fax number and she asked me like a thousand questions, like what is the letter stating blah blah, im like look lady just give me the damn fax number, you will see it when i send it....

should i use one of the ones in the dyi section?? i was thinking of using debt validation, but since i already spoke with someone should i use another one?

You can or try this one...you really NEED to also send it certified mail along with the fax.


YOUR NAME AND ADDRESS

ADDRESS TO THE CA

DATE

Re: ACCT#

To whom it may concern:


This letter is being sent to you in response to a notice sent to me dated Please be advised that this is not a refusal to pay, but a notice sent pursuant to the Fair Debt Collection Practices Act, 15 USC 1692g Sec. 809 (b) that your claim is disputed and validation is requested.

This is not a request for "verification" or proof of my mailing address, but a request for Validation of Debt made pursuant to the above Title and Section. I respectfully request that your offices provide me with competent evidence that I have any legal obligation to pay you.

Please provide me with the following:

1. What the money you say I owe is for
2. Explain and show me how you calculated what you say I owe
3. Provide me with copies of any papers that show I agreed to pay what you say I owe
4. Provide a verification or copy of any judgment if applicable
5. Identify the original creditor
6. Prove the Statute of Limitations has not expired on this account
7. Show me that you are licensed to collect in my state
8. Provide me with your license numbers and Registered Agent

At this time I will also inform you that if your offices have reported invalidated information to any of the 3 major credit Bureaus (Equifax, Experion or TransUnion) this action might constitute fraud under both federal and State Laws. Due to this fact, if any negative mark is found on any of my credit reports by your company or the company that you represent, I will not hesitate in bringing legal action against you for the following:

1. Violation of the Fair Credit Reporting Act-reporting inaccurate information
2. Violation of the Fair Debt Collection Practices Act-continuing collection activity on a debt which has not been validated

Also during this validation period, if any action is taken which could be considered detrimental to any of my credit reports, I will consult with my legal counsel for suit. This includes listing of any information to credit reporting repository that could be inaccurate or invalidated or verifying an account as accurate when in fact there is no provided proof that it is.

REQUEST FOR CEASE AND DESIST OF CONTACT BY YOUR OFFICE: I would also like to request, in writing, no further contact, either in writing or telephone be made by your office to my home or to my place of employment, unless it is to provide validation or release of liability of the debt.


Thank you,

volley is right- it's been passed around so many times- you want to make sure they have the debt, it's correct etc.

A few years back, I had a CA trying to settle a debt, problem was, it had been passed around so many times, they couldn't give me any info on it-this was before I came here- and I just wrote them a cease and desist letter, after I found out it was on a bill that was paid years before- so you have to make sure!

Good Luck..karen

thanks! i will send that tomorrow via certified mail and fax!

also once a debt has been charged off it cannot be removed right? and can you request that the debt be sent back to the original debtor after it has been charged off?

So how did it go?

Curious :wink:

idk, i am sending the letter tomorrow

sending mail certified is expensive! :)

I know...but its worth it!

i sent a letter of verification to providian and they couldnt validate it, so guess what????


THEY ARE REMOVING IT FROM MY CREDIT REPORT :)

Thanks Volley...I was just on here loking for that letter!!!!

Providian isn't backed by HSBC they are backed by WauMu. HSBC backs their own cards. If you have a debt with HSBC I would contact them to find out where it is.

Oh I know the providian was another company that was on my cr and i didnt know why, my hsbc is now with avante usa, i mailed them a payment for removal letter last week

Ah ok. So providian couldnt validate and they told you they agreed to remove it from your credit report? Providian themselves or the collection agency?

it came from wamu, so i am assuming that they are one in the same, but first financial bank will be next, they are being difficult,i have called 5 times and sent them letters they finally sent me back a letter saying that they are unable to remove it from my cr because they dont have enough info, but thats because i am no where in there system, they said that i have to dispute it with the credit bureua's, but they have refused to give me anything in writing saying that they dont have me in their system

Is First Financial a banking institution? Or is it a company backing a credit card? I couldn't find any record of them backing anything but their own stuff but I didn't look too far into it all.

I have no idea what or who they are, all I know is that they are being difficult, they do not have anything on me in their systems but still won't delete it from my cr

Dispute it with the CBR agencies. Your CBR should have an account #. Maybe you should try looking that up with them instead of social. On your credit report does it give any contct # or address?

no it doesnt give any info, but i looked them up and got some info, and i have already started an dispute with the cb's so now i just have to wait, i think that they could have removed it they just didnt want to, after all thats what providian did