I’m trying to determine if there really is a vocation in documenting the condition of property that is?

Dec 052011
 

financed by lending institutions; banks, credit unions, savings & loans, insurance companies, mortgage companies, or any other source of financing. I have seen an internet offer to provide a list of these, where a person with a camera(digital preferred)and internet access can contract to provide these records. Before sending any money for this source of companies, I thought I would publish this question to ascertain the validity of such an enterprize. Anyone doing this? I’ll not expect answers from the Metro Atlanta area as I would be competing in this market, especially northwest Metro. If there are positive answers, are the reports of earning $ 60-80 or more per report realistic? Also, are car expenses reimbursed? Thanks To Anyone Responding!!! James Anderson
[email protected]

I need help from the folks out there who Approve Mortgage Loans?

Dec 022011
 

I need some advice desparately. I am trying to get financed for a loan and am running into a problem and am not sure if I am dealing with people who don’t know what they are doing. I purchased a house in 2000. In 2003 my mortgage company (Bank A) sold my loan to another bank (Bank B). Bank B had my loan until 2005 – I sold the house. The finance company that is looking to fiinance me now (Bank C) is asking Bank B to provide them with three years of pay history and are expecting Bank B to give them Bank A’s information. Well, Bank B won’t give it to Bank C, but Bank A no longer exists. This is holding up the approval for my loan, so my questions are (1) do banks expect all banks to divulge other bank’s information like this and is is normal practice (2) why would this hold up my approval everything else is a go (3) should I be looking for another bank or is there validity to what Bank C is doing. Anyone know how this works?

Wage Garnishment…Advice Needed

Mar 152011
 

A week, or so, ago I received a letter from NCO financial pertaining to a debt I had with the Army & Air Force Exchange Service (AAFES) providing me with a Notice of Intent to Initiate Administrative Wage Garnishment Proceedings issued by AAFES.  I am curious to know if this is legitimate correspondence.  I have received all sorts of correspondence from Collection Companies, so I am always uncertain of the validity.  AAFES is a federal entity and there is an offset against my federal taxes, which over the last two years my small tax return has been applied.  I am curious because the letter from NCO was accompanied by what looked to be a copy of an AAFES letter on Department of Defense letterhead.

 

I contacted AAFES and they refused to speak in ref to my account and stated it was with collections and would not give me any information pertaining to the debt.  This debt is coming up on 8 or 9 years now.  I know, I know, I should of corrected it back then, but things happen.  I pretty much wrote if off after it dropped off my credit report.  Then to my surprise I get this correspondence in the mail.

 

The last thing I wanted to say, that makes me really concerned, is they have a repayment agreement attached which has my employer name, address, and payroll account number.  Please advise, what steps should I take.  Sorry for the lengthy email, just trying to put all pertinent info into the post.

Credit Score Could Go Up In Flames! Help!

Mar 082011
 

Okay!  For the past three years I have been working on getting my credit score from the low 500′s to the low 700′s.  Today, I went to my mail box and got a letter from “afni” stating they are attempting to collect a debt for AT&T.

 

I have not had an account with AT&T for over 8 years.  So, I am not sure where this is coming from.  The letter tells me to do the following if I dispute this debt: 

“To notify them within 30 days after receiving this notice that I dispute the validity of the debt or any portion thereof.  It goes on to say if I notify their office in writing within 30 days that I dispute the debt they will obtain verification of the debt or obtain a copy of a judgment and mail me a copy of such judgment or verification., they will also provide me with the name and address of the original creditor.

 

I do not want the work of the last three years to send my credit score up in flames.

 

Stop the flames 

PFD for legit debt

Jan 092011
 

Hi everyone!  I’m trying to be more active in the forums because of the amazing information available here.  Before finding the forums I never heard of or thought of sending a pay for delete.  I have the link to the sample letter that starts with stating, “This letter is to inform you that the validity of this debt is disputed”.  If I know the debt is valid, then should I still state the debt is disputed?  If not, does anyone have a sample PFD for a valid debt?  Thanks so much!!

National Credit Solutions sent Dunning Letter after disputing with CRA’s, what is the best solution?

Nov 092010
 

This is what the letter says:

 

“This letter serves as a  notice that your unpaid Columbia House – DVD account is now legally owned by and has been placed in collections with National Credit Solutions, LLC.

 

Federal law gives you thirty days after you received this letter to dispute the validity of the debt or any part of it.  If you do  not dispute it within that period, we will assume that it is valid.  If you do dispute it–by notifying us in writing to that effect–we will, as required by the law, obgtain and mail to you proof of the debt.  And if, within the same period, you request in writing the name and address of your original creditor, if the original creditor is different from the current creditor, we will furnish you with that informtion too.

 

If an attorney represents you with regard to this debt, please refer this letter to your attorney.  Likewise, if you are involved in an active bankruptcy case, or if this debt has been discharged in a bankruptcy case, please refer this ltter to your bankruptcy attorney so that we may be notified. 

 

yatta-yatta-yatta……

 

What do you experts suggest my  next plan of attack should be?  Please note that this IS not my debt and is completely fraudulent on behalf of the CA not any one person in the case of identity theft. 

 

 

Just received a collection letter…

Sep 102010
 

I actually spoke with them the other day when I noticed an inquiry popped up on my credit report. They said they were collecting for whomever. I haven’t been contacted about the debt through proper channels. So, I gave them my address. The original collector had never sent me a letter and the report date is later than my new address being added. I don’t know if I have any ground to have this removed because of that…(This is due to be removed 04/2011). I’m trying to buy a house and this is one of the last accounts I was working on. Where should I go from here? The letter gives me the 30 days to notify this office if I dispute the validity of the debt mantra. 

 

Original Creditor: Verizon Wireless

Original Acct No: XXX

Current Owner: Pinnacle Credit Services

Current Acct No: XXX

Client: Pinnacle Credit Services LLC

Balance Due: 637.28

 

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Help with Collection agency contact with over 10 year old debt!

Aug 012010
 

Hi, I was contacted by Arrow Financial Services with a debt. They say it’s from The National Bank of Marin.  I don’t recall any accounts with them but their name seems familiar. I know I received a credit card when I was in college over 12 years ago and it may have been connected to this bank (but I don’t remember as the name was not directly linked…though the name sounds familiar).  It was for a tiny amount…I mean seriously tiny (like $200 I was irresponsible 18 year old without guidance). And I believe that I already paid it back a couple years after accumulating it. It was so long ago, that I don’t remember the exact details.  So anyways it says “unless you notify this office within 30 days tht you dispute the validity of this debt….this office will assume this debt is valid”

 

Should I contact them?  I was going to send a letter disputing it. But my mother said if I do then I’ve initiated contact.

 

How can they even pursue something that is over 10 years old in the first place?  What should I do, or NOT do? I was finally getting my credit score up. I want to make sure that nothing stands in the way of me achieving my goals. Thanks so much,

Dollena Campbell

Old Collection

Jul 182010
 

I have an old collection that will age off of my credit report at the end of next year and it is past the SOL. It has recently been reported by an OCA. The original creditor has not reported the debt on my credit report at all.  I disuputed the debt becaue  I did not recognize the debt. The original creditor has been sold to another company (this information is from my own research). I just received a response from the collection agency stating that the debt is now double the amount orginally owed. They are charging me 23.9% interest per year. This new amount is not being reported on my credit report by the collection agency only the original debt. The letter also states that the collection agency is giving me 30 days to dispute the validity of the debt. I intend to send another letter disputing the debt and the interest. My questions are:

 

1. Can I be charged interest and if so how can I determine if 23.9% is excessive or against GA law?

2. If the results from the dispute come back valid, should I try to work out a reduced pay off with the original creditor?

3. How do I go about negotiating a lower pay off? What percent of the debt should I offer?

4. I know that once a pay off is agreed to and the OCA gets the money the debt will show that only a portion of the debt has been paid. What effect will this have on my score opposed to paying the debt in full?

 

Thanks.

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