collection: Counting the 7 Years for Removing Accounts from Credit Reports - 09/03/08 10:28 PM
Welcome to this weeks Q&A
 
Question:I have a question sir:To get an account removed due to age ofaccount, is it 7+ years from DLA withthe original creditor or 7+ years sinceDLA with the collection company?Thank you.Reply:For an example like that (acct that went to collection) they should both come off … (0 comments)

collection: RE: What to due if you get a collection dunning letter - 08/16/08 11:14 PM
Daily Q & A's
 
First of all, what is a Dunning Letter?
Answer: It is an over due letter to the customer which talks about customer over due amount and due date, a reminding letter of missed payment.
 
How do we approach collector's dunning letters?
 
I suggest  to … (0 comments)

collection: Changes in Credit Score when Collection DLA gets updated... - 07/18/08 01:21 AM
Changes in Credit Score when Collection DLA gets updated...
 
There has been conflicting issues about what happens when a consumer pays off a collection and how after they pay it off their FICO score goes down. Common sense would say if you pay a bad debt off, that this is … (1 comments)

collection: How Do I Negotiate a Debt - 07/11/08 01:30 AM
 
How Do I Negotiate a Settlement in a Debt Case?
 
I AM BEING SUED. IS IT TOO LATE TO WORK OUT A SETTLEMENT AGREEMENT? No. The parties can agree to settle a case at anytime before the judge enters a final ruling.
 
WHAT ARE THE ADVANTAGES OF SETTLING … (0 comments)

collection: Sample Cease & Desist letter - 07/11/08 01:23 AM
 
Sample Cease & Desist letter
(Send certified mail, return receipt requested)
 
Date:
 
From: (you: name and address)
 
 
To: (the original creditor and or the collection agency: name and address)
 
 
RE: (account name and number)
 
 
Dear______,
 
This Letter will serve as your … (0 comments)

 
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