the new collector?
2006-07-26 16:41:02 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
yes they can
2006-07-26 18:03:25 · answer #1 · answered by Anonymous · 0⤊ 1⤋
They are not supposed to but that is one of many ways creditors get back at you. It takes a while but you can usually get those double charges pulled off your report. However do NOT give htem a penny. If you do it's an open account and they have every legal right to keep it on there for another 7 years.
2006-07-26 23:44:07 · answer #2 · answered by draciron 7 · 0⤊ 0⤋
Once again, Echo is correct.
And again we see a ton of responders who don't know what they are talking about! Amazing!
Read the links I've supplied below.
If a creditor is "re-aging" your reported items don't be afraid to sue them! It's a simple small claims court action.
I've done it myself. You don't need a lawyer. The cost is around $25-50 depending on the state. If you follow the proper procedures in fighting this, you will easily win $1000 in court. In my case, I got $1200 because the collection agent wanted to be a jerk about it.
DON'T LET THEM PUSH YOU AROUND!
2006-07-27 11:42:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No they cannot.
If they do they are violating your rights. Send them a debt validation letter and then dispute with the credit bureaus. If they fail to validate, fail to remove the tradeline from your reports and if they verify with the credit bureaus then file complaints with the FTC and your states atty general. (create a paper trail) Then resend the debt validation and redispute with the bureaus. If they continue to report etc - speak to a lawyer.
Depending on which court you file in could mean up to $1,000 per violation (which can sometimes add up to 5 figures) or up to $1,000 per action in your pocket.
2006-07-27 01:13:21 · answer #4 · answered by echo 7 · 0⤊ 0⤋
Collections can remain for 10 years. Derogortory imformation in excess of 7 years is not consider by most lenders.
2006-07-27 00:31:57 · answer #5 · answered by Michael_Pro 2 · 0⤊ 0⤋