Negative Re-entry

Jan 272011
 

In 2005 I started my credit repair and for the last 4 and 1/2 years everything has been great…..I even bought a house in 2009…….So today i get an email from my credit monitoring service and I see that a previously deleted entry was added back to Experian….It was a $75 Medical Bill from 2006; PARAGON REVENUE GROUP is the collector however I dont recall if they were the original collector.

 

Anybody have any advice as to what I should do??

Old Collections

Mar 182010
 

I am attempting to get a home loan and I am only 23 points away from being approved.  I only have a couple of old collections on my record but the last time I paid off several old collections it caused my score to go down almost 100 points and it took almost a year to get 1/2 the points back.  My lender recommened paying the collections only if the collector agreed to delete them once they were paid but the collector indicated they are not allowed to remove things from your credit record.  I do not mind paying these off if it will help my score but I can not risk my score dropping when I am so close.  Also are there any tips to get my score up just a little?

Discover Credit C/O (08) – dunning letter from Bishop Marshall & White

Mar 102010
 

I have a friend who had a Discover CC charged off 1/2009. DOFD 7/2008 (other delinquencies, but the 7/2008 was when the account appeared to have gone south permanently). She has been recieving letters (3 of them  - 2 in January, & 1 in March) from this collector. She asked me for advice and I believe it is within SOL because of the delinquency that resulted in it’s permanent status 30/60/90/120 Lates, then C/O.

 

She has not DV’d the collector, but I do know that she made a payment (do not know how much, I just see it in her notation) 8/2009, but CA (our state) is not a DOFLA state unless past SOL (4 years)…which this appears to be still in (2 years left). Any advice with regard to this situation? I am thinking of advising her to request a Full Media Validation, and (should they validate), attempt to negotiate settlement.

 

The balance is just over $1600. Original CL for the card was 1000.

 

Any prior experiences with this collector, or anyone who has dealt with a collector/firm for Discover or dealt with any collector/firm for a CC Company within SOL? Please advise.

 

Thank you….