by JustGord » Fri Oct 09, 2009 10:29:16 AM
I am sending letters to Transunion & Equifax to request something be cleaned up on my account, but wanted to get your advice first. There is another question as well, but I'll stick to this one first:
Issue A
This is for a single $8,000 loan. The loan was defaulted and reported to my credit profile on 02/01/2003 (It showed the Opened Date as 02/02/2003). But in addition to this, once the collection agency took over the debt, they entered a new record on my credit profile, Opened date as 07/04/2005.
My first question is, The initial debt has been removed from my profile since it is over 6 years and my rights in the SoL ensure it gets removed. But the collection agency debt is still there. In my letter I am asking it to be removed too, since it is not a new debt, it is a debt tied to one that is past the SoL 6 year mark. Is this correct, or is the collection agency a new debt?
My second question; Is the collection agency breaking any of my rights by "updating" the record on the credit profile but re-entering the balance date. It seems every couple months, they re-enter the balance date, the last update is 09/23/2009.
Issue B
I have a ton of enteries on my credit profile, some that are [Closed] some that are [Open] that are all in good standing, show OK payments for the 2 year history, but they are old, like 10/01/1994, 12/01/2002, 01/01/1996. Should I ask that they get removed? Is it a bad thing they are on there, or is it a good thing?
I appreicate your reposnses.