Can they do that without proving to me that they own my debt?

LNVN sent me a letter about 2 yrs ago and I sent them 2 debt validation letters. They sent back a short paragraph stating an amount etc but no copy of an original account from the Credit Card company that owned the debit originally. Now I see them on all three of my credit reports. Can they do that without proving to me that they own my debt??? What do I do now? Any help greatly appreciated please

5 Answers

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Did you respond to their "paragraph" and tell them that it wasn't sufficient validation and re-request that they properly validate the debt?  Because they can simply say, we validated the debt and never heard back.  You have to follow up!

How to Deal with Unlicensed/Illegal Payday Lenders - Step by Step Instructions

I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.

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Dispute the account with the credit bureau.


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Ask for the proof before taking any step towards debt repayment. Don't end paying a dime on the debt that is not yours.


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Did you ask specifically for a copy of the card holder agreement???

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

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No, they can't do that without proving you that you owe the debt. However, if they still do so, then file a complain against them to the State Attorney General or Federal Trade Commission.


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