old cc

Dec 022011
 

i had a best buy cc in 06. last activity was mar of 07. best buy sold it too arrow securitiy so now i have 2 people reporting this on my credit report yesterday my score dropped 10pts because arrow sold it too another company now they are on my report. and its saying date open 08/11 **bleep**? it does have the same account number as my best buy cc so its the right card. there should be a law against this this can go on forever is there anything i could do???

rebuilding credit
byMark Lincoln

i was thinking about doing a plumbing apprenticeship but i will have to take 16k paycut for about 2.5 years but will have a 18k raise at the end of 5yrs i have a kid goin to high school and will have 3 in highschool by the time im out of apprenticeship. my wife works and is finishing her degree this year which will help especially in the southeast. we dont own a home now because we relocated and are in the process of paying off the last 5-6k of debt. my dilemma is wanting to solidify a career for the next 25 years but not having to cook my childrent o eat if you know what i mean. please advise([email protected])

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rebuilding credit
by pennstatelive

On my way

Mar 202011
 

Well, I’ve been working on my credit for a few months now, and I’m glad to say that I have gotten 5 collections DELETED off of my credit reports!!! Debt Validation letters DO work!!! I have one more to take care of, Arrow Financial, and I’m sending them a DV letter tomorrow. Does anybody have any experience with Arrow? Good? Bad? Also, does ANYBODY know how to get an original creditor off of my credit report? HSBC says that its not their policy. Any backdoor methods? Any info will help. Thanks in advance.

Question on Collections Account

Feb 222011
 

Follow this maze: My wife made a serious mistake with a credit card and made some decisions without my knowledge (she panicked a bit when a company threatened legal action), but here are the dots I’ve connected looking through her credit reports.

 

She had a Chase account with a balance over $8,000. The account is listed as transferred to another lender in Dec. 2007. My assumption is Arrow Financial (who I’ve seen mentioned negatively on these boards and elsewhere) took the debt, as there is an entry on her credit report from Arrow beginning in Dec. 2007 w/ a similar balance. From there, I believe the account was sent into collections beginning in the summer of 2009, to a company called Brachfeld Law Group in Texas. A quick Google search showed that Arrow and Brachfeld appear to be connected.

 

My wife was contacted by Legal Advocates for Consumers in Debt, a company I believe that is located in Chicago. They are paying $245 a month to Brachfeld (the statements from LACD are how I tracked down their name) and taking their $40/month off the top. Not ideal and probably not what I’d have done had I really known the situation, but at this point, it is what it is.

 

Here are my questions.

 

1.) On her credit report, Arrow continues to show balances in the $8,000 range and is listing the account in Collections, though it appears in the Closed Accounts section of her report. Is this OK? Should the entry from Arrow be reflecting a new balance? Should it continue to appear every month as in collections?

 

2.) Without knowing the full balance of the account as I’m typing this message (my guess is she’s paid between $3-5,000 by now), what is the best way to go about having this item removed from her report as a collections account? It seems Arrow is awfully difficult to deal with based on what I’ve read. Is it even worth contacting them or their collection agency to determine a settlement?

 

Hopefully this isn’t too confusing. I normally just read and don’t post, but I’ve worked hard the last year or so getting my credit straightened out and would like to do the same with hers. I wasn’t in nearly as bad a shape as she is at this point (I just had some debt to pay down), but it seems like we won’t be able to get much done before tackling this issue and would appreciate any help.

Can I request a PFD on an already paid account?

Oct 152010
 

I am not sure if this is even legal, but was wondering if I could offer to PFD on an Arrow Financial account that has been paid and closed.  I paid it before knowing about the whole PFD thing and was wondering if I could offer them say $300 or something to delete.  Has anyone ever heard of this and is it even legal since it is basically a bribe.  Thanks

collection deleted but what about charge off?

Sep 282010
 

Hi, I have a charge off with First Premiere on my cr that was sent to Arrow Financial.  I contacted Arrow and they are deleting it from their files and will contact the cb to do the same.  But once that is done, what can I do to get First Premeiere off my cr?  The SOL has expired and it is scheduled to fall off my cr in 2012.

Thanks in advance for any help you can give me………

Who to contact OC or CA?

Sep 222010
 

This is likely answered somewhere in this forum, but I wasn’t able to find anything specific to my situation.  One of the OC’s showing on my credit report is First Premier Bank, but they sold the debt to Arrow Financial Services.  Both are listed as collection accounts.  I’ve contact Arrow via DV and PFD letters, but the First Premier Bank account is the one showing 3 late payments.  Do I contact First Premier Bank with a GW to remove the late payments (or the entire account?) or will it get removed if I get Arrow to remove the collection account?  I’m a newbie to this forum so forgive me if I didn’t follow forum protocols exactly.  Thanks for the help.

Looking for clues…

Aug 182010
 

My backdoor email search is at a standstill.  Does anyone have an email for either Arrow Financial Services and or Wells Fargo Cards that they could pm me?  It would be suuuuch a help.  Good luck to all and thanks

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All of my emails bounced back?

Aug 132010
 

I sent out 6 emails to Arrow Financial yesterday and they have all bounced back. Does anyone have an updated email address for them that they could PM me? Thanks!

Collection

Aug 122010
 

I have a collection by Arrow Fin. They have assigned it to Northland Group per a letter I received. This falls off my Credit report in May. Should I DV anyway?

 

Thank you for all your help

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