OC vs. CA, what is best strategy to improve credit?

Date: Tue, 11/20/2007 - 11:30

Submitted by lisa-d2
on Tue, 11/20/2007 - 11:30

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Total Replies: 2

What is the best way to handle paying off debts that have been sent to CA? None of the CA have validated the debts. I want to pay them off in full and go for getting off negative reporting on my CR. CA will not/cannot remove reporting from OC, and CA did not validate. Will I have some ccards that are being reported by OC and CA? If so, since CA did not validate, then I can ask for deletion and than approach OC with pay in full in exchange for removal of negatives?

Have these been sold to the CA and charged off by the OC? If so

Have these been sold to the CA and charged off by the OC? If so you will not have much luck with the OC. Once you pay them off the CA is required to post that. If they have not validaited the debt and it was within the proper time frame they are in violation of the FCRA and the fdcpa for repotring it in the first place if it was done after receiving you letter. Who is the CA? I can look up their history.

lrhall41

Submitted by Frogpatch on Tue, 11/20/2007 - 11:43

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I am not sure if they have been charged off or sold. Can you ha

I am not sure if they have been charged off or sold. Can you have an account reported badly by the OC and the same debt by the CA? I have different agencies, and not sure of the names off the top of my head. I also noticed a new thing that is that one CA does not validate, then it gets transferred to another agency. I am just trying to figure out best strategy as I want to pay them off, but get the most credit mileage.

lrhall41

Submitted by lisa-d2 on Tue, 11/20/2007 - 11:49

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