Providian - Midland Credit Management Informed me that the derogatory issue on my report will always be there San Diego California
I called Midland Credit Mgm to ask about a defrogatory issue they have on my credit report, it is an old account from Providian who sold my account to another agency "Presidio C/M". Both Providian and Presidio has closed out the account, however, Midland informed me that they have a way to make sure a negative item will always stay on the report. They sell your account just prior to it being removed, so it becomes new every time, therefor always showing a new account becoming delinquent. I was informed that this item will never go away. This item became past due and then was closed when I became disabled and hd a long period of waiting befor disability payment began. No excuse but I wont allow my credit report held hostage or blackmailed by this kind of tactic. They are reporting on account that has already been charged off by the original holder, Providian back in 2002, 6 years ago but now shows it as being only 1 year old.
Chuck
Santa Barbara, California
U.S.A.
6 Updates & Rebuttals
J G Shrugged
Austin,Texas,
U.S.A.
I'd file a dispute with the CRA, and...
#7Consumer Comment
Mon, October 20, 2008
Maybe contact a local attorney next year. The debt should come off the report next year sometime, so until you have suffered "damages" it will be hard to convince a court that they are intentionally breaking the law. Because it can still be on the report right now. Granted the aging is wrong, but at this point, it can still be there.
Laurie
Haslet,Texas,
U.S.A.
That's a lie and they know it
#7Consumer Suggestion
Mon, October 20, 2008
They hope you do not know it
Its re-aging and its against the law.
GO to www.ftc.gov and learn your rights and how to fight them
also go to www.budhibbs.com for more information on Midland Credit
John
Louisville,Kentucky,
U.S.A.
Illegal....
#7Consumer Comment
Mon, October 20, 2008
First...stay off the phone with these jerks....communicate only in writing
There is only one 7-year reporting cycle for credit reports...This cannot be restarted under any circumstances. Changing the dates is called "re-aging" and it's against the Fair Credit Reporting Act. It does not matter if this debt goes through a million debt collectors...there is only ONE 7-year cycle for reporting items on your credit files.
Send the credit bureaus a letter via Certified Mail + Return Receipt stating:
Per the Fair Credit Reporting Act, I am requesting validation that this item is being reporting within the 7-year time frame as allowed under the Fair Credit Reporting Act.
I am requesting:
- written validation of the original "date of delinquency"
- written validation of the original "date of last activity"
----------------------------------------------------------
Send the Midland Credit Management a letter via Certified Mail + Return Receipt stating:
Per the Fair Debt Collection Practices Act, I am requesting: - written validation of this alleged debt
- written validation of the original "date of delinquency"
- written validation of the original "date of last activity"
- validation that this alleged debt is within the statute of limitations.
John
Louisville,Kentucky,
U.S.A.
Illegal....
#7Consumer Comment
Mon, October 20, 2008
First...stay off the phone with these jerks....communicate only in writing
There is only one 7-year reporting cycle for credit reports...This cannot be restarted under any circumstances. Changing the dates is called "re-aging" and it's against the Fair Credit Reporting Act. It does not matter if this debt goes through a million debt collectors...there is only ONE 7-year cycle for reporting items on your credit files.
Send the credit bureaus a letter via Certified Mail + Return Receipt stating:
Per the Fair Credit Reporting Act, I am requesting validation that this item is being reporting within the 7-year time frame as allowed under the Fair Credit Reporting Act.
I am requesting:
- written validation of the original "date of delinquency"
- written validation of the original "date of last activity"
----------------------------------------------------------
Send the Midland Credit Management a letter via Certified Mail + Return Receipt stating:
Per the Fair Debt Collection Practices Act, I am requesting: - written validation of this alleged debt
- written validation of the original "date of delinquency"
- written validation of the original "date of last activity"
- validation that this alleged debt is within the statute of limitations.
John
Louisville,Kentucky,
U.S.A.
Illegal....
#7Consumer Comment
Mon, October 20, 2008
First...stay off the phone with these jerks....communicate only in writing
There is only one 7-year reporting cycle for credit reports...This cannot be restarted under any circumstances. Changing the dates is called "re-aging" and it's against the Fair Credit Reporting Act. It does not matter if this debt goes through a million debt collectors...there is only ONE 7-year cycle for reporting items on your credit files.
Send the credit bureaus a letter via Certified Mail + Return Receipt stating:
Per the Fair Credit Reporting Act, I am requesting validation that this item is being reporting within the 7-year time frame as allowed under the Fair Credit Reporting Act.
I am requesting:
- written validation of the original "date of delinquency"
- written validation of the original "date of last activity"
----------------------------------------------------------
Send the Midland Credit Management a letter via Certified Mail + Return Receipt stating:
Per the Fair Debt Collection Practices Act, I am requesting: - written validation of this alleged debt
- written validation of the original "date of delinquency"
- written validation of the original "date of last activity"
- validation that this alleged debt is within the statute of limitations.
John
Louisville,Kentucky,
U.S.A.
Illegal....
#7Consumer Comment
Mon, October 20, 2008
First...stay off the phone with these jerks....communicate only in writing
There is only one 7-year reporting cycle for credit reports...This cannot be restarted under any circumstances. Changing the dates is called "re-aging" and it's against the Fair Credit Reporting Act. It does not matter if this debt goes through a million debt collectors...there is only ONE 7-year cycle for reporting items on your credit files.
Send the credit bureaus a letter via Certified Mail + Return Receipt stating:
Per the Fair Credit Reporting Act, I am requesting validation that this item is being reporting within the 7-year time frame as allowed under the Fair Credit Reporting Act.
I am requesting:
- written validation of the original "date of delinquency"
- written validation of the original "date of last activity"
----------------------------------------------------------
Send the Midland Credit Management a letter via Certified Mail + Return Receipt stating:
Per the Fair Debt Collection Practices Act, I am requesting: - written validation of this alleged debt
- written validation of the original "date of delinquency"
- written validation of the original "date of last activity"
- validation that this alleged debt is within the statute of limitations.