Jefferson Capital

Date: Thu, 06/03/2010 - 16:06

Submitted by anonymous
on Thu, 06/03/2010 - 16:06

Posts: 202330 Credits: [Donate]

Total Replies: 3

I made a settlement offer to them and they took it 1 month later they placed the balance as current and as past due with no mention of the settlement, but one of the reps sent me a letter saying that my settlement obligation was fulfilled and informed me of the Tax implications for 2011, I received the letter before Experian had disputed it but I have not sent the letter in to the CB's yet. I also want to know is it legal for them to add interest after they get these accounts from the original creditors?

Third party collectors can't add fees and interest to the accoun

Third party collectors can't add fees and interest to the account if it isn't mentioned specifically in your card holder's contract.

Next, is this settlement letter on their letterhead? You should not only dispute with the CBs but also with the collection agency. If they deny to cooperate, you may then consider bringing the issue to the AG's attention.

lrhall41

Submitted by SC on Thu, 06/03/2010 - 21:09

( Posts: 3937 | Credits: )

Yes the letter is on Company letterhead and I will send this to

Yes the letter is on Company letterhead and I will send this to all the Cb's Monday and to the Company also, I will get Jag, Ag and who ever I need involved now that I know this is not right. Thank You, W. Taylor

lrhall41

Submitted by on Fri, 06/04/2010 - 15:10

( Posts: | Credits: )

If they do not do a proper investigation and decide to leave it

If they do not do a proper investigation and decide to leave it on your credit report, you also have a claim for them violating the Fair Credit Reporting Act and possibly your state laws.

lrhall41

Submitted by Joe Smith on Sat, 06/05/2010 - 18:14

( Posts: 93 | Credits: )