I have an account on my credit report that just sh

I have an account on my credit report that just showed up in July from LVNV. This account is reporting a balance of $997, but in the account comments it states that the account was legally paid for less than the full balance. I have contacted the credit bureaus in regards to the balance...all they tell me is that they can not do anything about this account as that is how LVNV is reporting it. Any suggestions as to what to do about this!?!?!?!

4 Answers

You'll certainly need to identify whether you owe on this account or not. If you don't owe anything on it, you may get it disputed with the credit bureaus. Remember, you have the right to get your debt validated before you pay a single cent.


If you owed this account and settled it, then also it will stay on your credit report for 7 years.


Do you owe this account?  Paid this account?  Have any knowledge of it???

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

If you have settled the account for less than the full balance and paid off the debt as per the sttlement plan, then you can contact LVNV and request them to pay for delete. You can negotiate with them so that they delete the account from your credit report. However, it will completely remain the discretion of LVNV whether or not they will remove the account from your credit report.


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What is the sum of 7 and 1


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