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My reply for debt verification letter

Date: Thu, 12/25/2008 - 11:39

Submitted by AMYK0603
on Thu, 12/25/2008 - 11:39

Posts: 35 Credits: [Donate]

Total Replies: 12


Dear Amy, Thank you for your email/ticket. This is your debt verification letter. You have a delinquent balance of $404.80 that is about to be turned over to our collection agency where they assess their own 40% fee and may report to all 3 major credit bureaus. Once your account has been turned over to their company we no longer manage it. Best Regards, Financial Processing


Since you are still within your thirty day window send them the letter below, there's a difference between verification and validation. I found a very simple letter posted by NascarDevil, try sending this one to them and see what happens because they didn't prove anything by sending you a typed written letter stating the amount you owe, that's bull crap!

Their Name
Address
State

Your Name
Address
State
Acct. Number

I dispute this alleged debt in its entirety. I request validation of this alleged debt in compliance with the FDCP and (Insert any applicable State statute ). Calls to my employer place my employment in jeopardy.


Sincerely,

You

ALL CALLS TO MY HOME ARE RECORDED


lrhall41

Submitted by Shazzers on Thu, 12/25/2008 - 14:01

( Posts: 17344 | Credits: )


OK, stupid me, I researched Financial Processing, I'm thinking that's a payday lender? If so, SOAPLADY is correct, they aren't bound by FDCP laws, sorry, I misunderstood, I was thinking you DV'ed a collection agency, my bad. Please disregard my previous post with the sample DV letter, it wouldn't apply to the OC.


lrhall41

Submitted by Shazzers on Thu, 12/25/2008 - 16:17

( Posts: 17344 | Credits: )


I think the email from the "financial processing" is just the dept. who deals w/ the PDL company. They are still the original company who I did the PDL with. They aren't a collection agency.

So who can get a DV letter? Anyone, I have no collection agencies as of yet, they are the PDL companies who are calling and emailing.


lrhall41

Submitted by AMYK0603 on Thu, 12/25/2008 - 16:21

( Posts: 35 | Credits: )


Well, basically as Soaplady said, the FDCP (Fair Debt Collection Practices) only apply to third party collectors also with C&D letters. However, I have personally used the C&D letters with pdl's and it worked for some and not at all for others, it's your choice. Just remember, they aren't (the original creditor) bound by the FDCP to follow it. :)


lrhall41

Submitted by Shazzers on Fri, 12/26/2008 - 08:40

( Posts: 17344 | Credits: )


I am living in wa state and they are not licensed here. I owe them 1300 and have stopped payment from my acct and send them via email a c and d letter and also by mail-its been about 10 days and they have not even called me yet-What should I do and since they are not licensed here in Wa what are my options?


lrhall41

Submitted by on Sun, 04/19/2009 - 13:55

( Posts: | Credits: )