Palisade, palidsaes Collection L/ Palisad 3 times the liars Ripoff Atlanta Georgia
Recently i had my credit pulled from all 3 major CRA's in hopes of having a high enough score to purchase my first home. i found a numerous number of mistakes but 2 stood out the most the one that truly made me sick was when i noticed the names Palisad on one report palisade on another and palisade collection L on the other. Each looked to be it's own bad mark on my credit but then i read on they all ahad diffrent acount numbers but the all shared the name heiligh meyers in it now i'm truly confused i paid that out when i was 20 it's even reported on my transunion report then i kept reading the open dates where weird one reported open 1/1/0001 and the other opened 4 days apart in march of 06 but amazingly enough they all sought $ 2571 from me how weird since my original credit line from Heiligh meyers was only $2300.I've never remeber seeing an invoice from any of these companys now they expect me if i want to buy a house to pay each of them on what is paid off anyways.I filed disputes with all CRA's and researched the name on the webb that's how i got to you. and to my dismay another familiar name Heiligh Meyers trust That was on my credit report in 04 so all these company's are the same is there any recourse that i can take i've filed complaints with the BBB and the FTC but that still does not erase the fact that the intentionaly marked all my credit reports for personal finacial gains.
Latonya
sumter, South Carolina
U.S.A.
2 Updates & Rebuttals
Steve [Not A Lawyer]
Bradenton,Florida,
U.S.A.
Latonya, Never pay something you don't owe!
#3Consumer Suggestion
Mon, March 05, 2007
Latonya,
Your loan officer is NOT working in YOUR best interest if they are telling you to pay off this bogus account. NEVER do this!! The loan officer is looking after his/her own needs of closing a loan.
Paying off an old collection account [whether valid or not] actually hurts your credit. It will not get rid of it, but will just be a more recent negative showing as a "paid collection".
You need to hold off on that home purchase, or find a mortgage broker that get get an exception on this with the underwriter. I was in the mortgage business and this is very easy to do. You simply create a statement of facts and provide whatever proof you have.
You MUST dispute the entries with the credit bureaus and the collection agency.
Communicate only by certified mail, return reciept requested. Be sure to put the certified# on the letter itself, and keep a copy for your records. This procedure is very important.
In your dispute to the credit bureaus, demand to see all communications used in the investigation of your dispute as per your rights under the FCRA.
In your dispute to the collection agency, clearly dispute the debt, and demand to see the original signed contract that created the debt and full account history, and itemization of all charges.
Also demand proof that they have the legal right to collect on the debt, and if they claim to own it, proof of purchase and clear chain of title all the way back to the original creditor.
Keep in mind that helig Meyers is no longer in the picture here except for the determination of statute of limitations. Palisades are junk debt buyers.
You have the right to sue for the bogus entry on your credit, and resulting damages, actual costs and up to $1000 in punitive damages.
I would sue them right away. That is the fastest way to get things done.
Don't get mad, GET PAID!
Latonya
sumter,South Carolina,
U.S.A.
a little help
#3Author of original report
Mon, March 05, 2007
steve if your availble what do suggest i do???