I sent a Validation of dispute letter to a collection agency and to the original creditor 30 days ago and as of today I havent got any response. What are the next steps Im to do now? The debt that I was disputing is a debt I never had with the original creditor. Its not identity theif because I called the original creditor on the phone and gave my ss# and they couldnt find any account in my name.Then I mailed them a VOD, but its been over 30 days and I havent received any response from them or the collection agency.
2006-06-19 06:14:49 · 11 answers · asked by mememe 1 in Business & Finance ➔ Credit
VC1109 needs to supply me with a source for her info. I know of no laws allowing creditors 60-90 days to respond to a VOD.
We are following the Fair Credit Reporting Act here...that that gives the creditor 30 days to respond.
Now, I am assuming that you sent them this letter by certified mail and you can prove the received it? If not, start all over again. You need proof they received it, and their 30 days starts on the day it's delivered.
If you have this proof, then your next step is to send a certified letter to the credit bureau, along with a copy of the letter you sent to the creditor. Demand that the debt be removed due to "lack of validation".
If they still do not remove the listing, sue them. You can easily do this in small claims court.
It's very important to follow the FCRA rules exactly! I was recently in court and saw a lady with an excellent case against a creditor! But since she didn't understand the law and didn't come prepared, she had the case dismissed.
This is a war! Knowledge of the law is your only weapon! The creditors are armed!
If you need more help contact me. I am not a lawyer or credit counsoler, just someone who has been down this road (and won).
2006-06-20 09:47:35 · answer #1 · answered by Anonymous · 2⤊ 0⤋
I agree with Studly.
The collection agency has 30+5 days after receiving your debt validation to respond.
The original creditor is not required to "validate" a debt, but they are required to "verify" the debt (in the 30+5 days after receiving you debt verification letter)
Re-send the validation letter to the collection agency and send a verification letter to the original creditor, sending both certified mail return receipt. As soon as you get the green cards back, send your disputes to the credit reporting agency's.
It is a violation of your rights if they verify with the credit reporting agency's before they validating/verifying with you.
2006-06-21 08:20:02 · answer #2 · answered by echo 7 · 1⤊ 0⤋
Just wait. Most states allow 60-90 days to respond to a VOD. You can also dispute the item with the 3 credit bureaus if it is on your credit report.
2006-06-19 06:20:48 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you sent a VOD letter 30 days ago and got no response, is it not safe to assume that they realized their mistake and resolved the matter. If the original debt was not yours, they have no obligation to contact you and tell you of their error, however, it would be nice for them to do so. and NEVER, give out your SS# to anyone, you are opening up yourself for identity theft. If it ain't broke, don't fix it.
2006-06-19 06:26:47 · answer #4 · answered by loufedalis 7 · 0⤊ 0⤋
Dispute it right away with all three credit bureau. Let the Collection or Original lender prove its you.
TransUnion Customer Relations
PO Box 1000
Chester, PA 19022
2006-06-19 06:27:37 · answer #5 · answered by Swordfish 6 · 0⤊ 0⤋
Credit card companies sell debt to collection agencies at a discount, maybe 50 cents on the dollar or something. If you contact the credit card company and offer to pay back the date at what you actually owed, they may go for it. When my mother in law died, she had a phone bill that didn't get paid. I found out about it when a collection agency called. I contacted the phone company, paid the bill at full rate, and told the collection agency to take a flying leap. Perhaps if you pay the credit card company it won't hang out on your credit report as long. You could contact the credit bureau for guidance. One thing, go on the government's "Fair Debt Collection" website and know your rights with regard to the collection agency. You have rights, but the collection agencies count on your ignorance of those rights.
2016-03-26 21:39:32 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Amazing how fast they are to come after you when they want something, but when you want something how slow they are to respond! It may take up to 60 days for you to hear anything. And it may take longer than that, or never for it to be removed from your CBI. Keep at them--if they can call you 10 times a day bothering you, why not return the favor?
2006-06-19 06:31:05 · answer #7 · answered by Waferette 3 · 0⤊ 0⤋
Call both and see which one is handeling it and in what stage of processing the vod is in. It may take them a couple weeks to get the account of their systems, and it may take a phone call to find that information out.
2006-06-19 06:18:24 · answer #8 · answered by Virginia L 1 · 0⤊ 0⤋
I would await a response. They are probably just slow. You should send letters certified / confirm receipt / signature required so you have physical material evidence that they received the letter. You could also call them and inquire.
2006-06-19 06:18:32 · answer #9 · answered by ? 4 · 0⤊ 0⤋
If they haven't responded by now, it should be good news for you. Now you can remove that credit file from your history. It was probably a mistake in the first place. make sure that this credit entry does not appear on your credit.
2006-06-19 06:19:04 · answer #10 · answered by currious about calculations 2 · 0⤊ 0⤋