Ok, in a nutshell, heres what happened. I applied for an online course - was rejected because i didnt get the necessary pprwk to them in time. Some months later i received a letter from a collection agency, i called & paid a settlement amt that day and was assured that this would not go on my credit report.- this was in writing. Needless to day it IS on my credit report. To say that these were unfair billing pratices would be an understatement. What legal action can i take, if any?
2007-09-18 04:22:01 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
If you still have the letter they sent you stating it would not go on your credit report you have good grounds for a suit.
Even if you don't you still have the right to sue anyone you like, it's just a matter of money, who has more of it to spend on lawyers and time in court.
I would first get a copy of your credit report from all three bureaus and then dispute it. This will put it on hold and mark it disputed on you record, they have 30 day to answer the dispute, if they don't answer it will be removed.
Trust me when I say" It's hard to get an item off your credit report then it is to get blood from a turnip"
Good Luck!
2007-09-18 04:34:17 · answer #1 · answered by Randy W 5 · 0⤊ 0⤋
It probably wasn't the collection agency that reported you. It was probably the school well before you paid the settlement. You really don't have any legal complaint here unless they violated some term of your original agreement. You should, however, check to see that the credit report reflects the settlement of the debt.
Once you let a debt slide, paying it off doesn't remove it from your report. It's part of your credit history for a while and only keeping from doing it again is going to help you.
2007-09-18 11:38:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Consult with an attorney.
2007-09-18 11:35:12 · answer #3 · answered by acmeraven 7 · 1⤊ 0⤋
Read over this:
FDCPA - http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm
If they have violated any of these laws, you will have grounds for suit.
2007-09-18 11:39:36 · answer #4 · answered by aroundtheblock 1 · 0⤊ 0⤋
I think it would be awesome to do, but I am really not sure if you can. I hate all of those ba$tards.......
2007-09-18 11:30:51 · answer #5 · answered by kaytee3212 6 · 0⤊ 0⤋