RSSCan a collection agency report a bad credit card debt if they do not have written records?
Dec 06
Bad Credit Card Bad Debt, Credit Card Company, Credit Card Debt, Credit Debt, Signatures 2 Comments
I was contacted by collection agency an account that was charged off 8 years ago. They said they bought that debt and are reporting it on my credit.
I asked for written records with my signature to ensure that it was a real account that I opened. They said that it had been validated by the orginal credit card company, but they could not supply any records with my signature.
Can I have that removed if there are no records with signatures showing that I ever opened that account?
Dec 07, 2008 @ 13:46:37
I don’t think they are required to have anything with your signature on it. The original credit company probably maintains the original documents. If there was indeed an unpaid debt, an outside collection agency can collect if they have a document showing they acquired it from the credit card company. They don’t need your ok to collect from you. If this is not your debt, you can dispute it with the 3 major credit agencies after it appears on your credit report.
Dec 08, 2008 @ 13:13:52
Yes if they can’t prove that it is in fact your debt dispute either on your credit report (this will take less time) or dispute it with the original creditor (will take longer). If you dispute it thru your credit report the company will have 30 days to resolve
(get records, signatures, whatever they need to prove it’s your debt). If not it has to be removed
Step 1: Get copy of credit report (call or get online) I prefer calling if you go online they give you all kinds of “trick questions” to answer to prove your identity and this is a longer process
Step 2: Find the item and dispute it online (you can write and mail but this will take longer)
Step 3: Wait (the credit bureau will notify email when you can review your corrected credit report) This will show either it being removed or how they determined you really owed the money.
Step 4: Print a copy for your records and just to verify order a copy a year after the current report unless you want to pay.
I recommend doing it this way I disputed 2 items and they were removed with 2 weeks!!!!!!!!