Credit Solutions Corp

[salvarenga]

CREDIT SOLUTIONS CORP
Account Number: SPRINT PC-144XXXX
Current Status: COLLECTION ACCOUNT
Account Owner: Individual Account. High Credit: $310
Type of Account : Open Credit Limit: $0
Term Duration: Terms Frequency: Monthly (due every month)
Date Opened: 2007/07 Balance: $310
Date Reported: 01/2010 Amount Past Due: $310
Date of Last Payment: Actual Payment Amount: $0
Scheduled Payment Amount: $0 Date of Last Activity: N/A
Date Major Delinquency First Reported: 09/2007 Months Reviewed: 27
Creditor Classification: Retail Activity Description: N/A
Charge Off Amount: $0 Deferred Payment Start Date:
Balloon Payment Amount: $0 Balloon Payment Date:
Date Closed: Type of Loan: Factoring Company Account (debt buyer)
Date of First Delinquency: 07/2003
Comments: Consumer disputes - reinvestigation in progress,
Collection account

If this comes back verified from the CA, how would you proceed with this one?

[Trish]

I would have to look more.... and you may want to as well.. but I don't think they can report themselves as a "factoring company"... that might be a violation.
If it's verified, send them a DV. It's past the collection SOL so no worries there (doubtful anyone would sue for $300 but you never know)

Be sure to send the DV CMRR. There are samples in the beginner section. Just be sure to modify them so they don't look like your typical form letter.