ive got medical bills that dont belong to me(i have insurance!!)...and some other BS that i have no clue what its from..ive tried calling the company listed..and they refuse to help..and they cant do anything/they give me an attitude..what can i do?
its ruining my credit! i need to build my credit to buy a home!..im thinking credit fraud? or is it just wrong doings on their ends...there medical bills from places ive never been!..could it be someone with the same name as i..?]
any suggestions on getting these gone? ive tried calling ..no luck..
i also need something to get me a FICO score..a loan or something..any suggestions?
2006-09-23 17:29:46 · 4 answers · asked by mommy2savannah51405 6 in Business & Finance ➔ Credit
If you follow my advice, I will be able to help you out. I spend my spare time making life miserable for collection bureaus.
Your story is very common. That is why, in 2003, Congress passed laws that placed the collection bureaus to task, forcing them to insure "fair and accurate" reporting to people's credit history. It also sent a message to creditors that they can no longer threaten and harrass consumers with destroying credit historys without following certain procedures.
The reason you are having such difficulties is you don't know the law. What you need to do is read the laws, do some letter writing and phone calls, and be prepared to go to court if these creditors who are too irresponsble to fix their mistakes.
Start by reading the links I've supplied below. But "in a nutshell" here is the procedure you follow.
Get a copy of your credit report from http://www.annualcreditreport.com
Examine your reports carefully, looking for any errors. If the item is not yours, note that down.
Send a letter to the credit reporting agency (CRA) and dispute the entry. Give any information you have that shows the entry is wrong. Send a copy of your drivers license to prove who you are. DO NOT send your social security card. You can send them the last four digets of your number if you want.
What they will do is contact each of the creditors and "verify" the information. Note that this is not a real investigation. All the creditor has to do is say the entry is correct, and it will stay on your report. The CRA has 30 days to do this, and contact you with the results.
Next, send a letter to the creditor who listed this to your report. Their name and address is on the credit report. Demand that the "validate" this debt. Note that you must say "validate" in your letter. This means they must supply you with copies of contracts, bills, receipts, and everything they used to calculate what they claim you owe. They must show you have a legal obligation to pay them. They have 30 days to respond to this letter. Send these letters out at the same time you send the CRA dispute letters.
If the creditor does not respond, or if the information they send is insufficient to prove your debt, then send another letter to the CRA and dispute the entry based on "lack of validation".
If, after all this, they are still posting to your credit reports, sue them. You do not need a lawyer. It's a simple small claims suit, and will cost between $25-50 depending on the state you live in. If you have followed all of the above steps, and kept proof of your contacts (send all letters by certified mail, return receipt), and they will easily lose their case. You can win $1000 for each incorrect entry that is not fixed.
I've had to do this very thing, and won $1200 for my troubles. I've helped many others do the same thing. Trust me, the threat of a lawsuit scares the heck out of collection agencies.
Just follow this advice, read the links below, and contact me if you need more help. It will take a few months of work to fix this, but you will get it cleaned up.
Note that any damages that result from an inaccurate credit report can be recovered through a lawsuit. If ;you file for a mortgage and get denied, or you are forced to pay higher interest rates because of the bad reports, you can recover these damages.
2006-09-24 01:58:54 · answer #1 · answered by Anonymous · 2⤊ 4⤋
1. check your credit report.
2. write to all 3 credit agencies and list the accounts you believe doe's not belong to you. they will ask the creditors for proof , that you owe this money to them.
3. if creditors can't proof them, those accounts will be removed from your credit reports.
it will take some time, even by the law they are obligate to investigate those accounts within 30 days, but be persistent and fight !
2006-09-23 19:03:23 · answer #2 · answered by bianca 4 · 0⤊ 0⤋
You need to contact the credit agencies about what you should do next.
You also need to read the FTC website about what you should do. I'll link to several resources that may offer help.
2006-09-23 17:37:43 · answer #3 · answered by Anonymous · 0⤊ 0⤋
1) faster you start, keep note's, record, of everything you do about this,
2) call a lawyer, them well talk for free for a few min. also
there letter aren't too high,
found this page,
http://www.fdic.gov/regulations/laws/rules/6500-100.html
http://www.maine.gov/pfr/consumercredit/index.shtml
you can ask expert here ,
http://experts.about.com/q/Collections-Law-912/index.htm
http://answers.google.com/ find answers free ,also very cheap here too ask
febraj
http:febraj.com
2006-09-23 18:33:40 · answer #4 · answered by febraj 1 · 0⤊ 0⤋