April 20-2005 received statement from Credigy Receivablesand First Select Inc. acct for $27,434. Disputed debt within 30days. Received letter dated June 10-2005 stating they mailed Acct. Validation letter (not true). They further stated they enclosed Acct. Verification Statement with new balance of $28,266. The "debt validation" letter was nothing more than a word document w/ my name and address as "acct. holder". They then listed the Credigy acct. # 10638997 and RE: Former First Select, Inc.#xxxxxxx16589796. The doc then listed Account History in bold type listing as follows; Original Creditor; Metris, Original Acct. #; xxxxxxx42751, Date Acct. Established: Oct 18, 1993 with original creditor address in Scottsdale, AZ. The next listing listed Date of Assignment: Jul 31, 2000, Original Creditor Balance at Assignment: $11,914.22, Assignee; First Select, Assignee Address; 201 Mission St., San Francisco, CA 94105. The final listing on this word doc indicated Current Owner of Account; Credigy Receivables, Balance at Purchase: $13,727.46, Current Owner Address: 2877 Paradise Rd., Unit 303, Las Vegas, NV 89109. And then finally, they showed the Current Balance $28,266.35 as of June 10, 2005.
I was extremely busy working the hurricanes when I let a letter dated 12/13/2005 from Credigy Services Corp. go without disputing. This time they listed it as Our Client/Current Creditor; Credigy Receivables, Inc., Original Creditor: Metris, Original Acct. #; xxxxx42751, and balance as of today $30,915.16. I received another Credigy Services Corp. statement/letter dated January 17, 2006 with the information as listed in Dec. 2005, however, the balance as of today; $31,387.78.
I am amazed that large corporations are allowed to have business practices which purposefully deceive, defraud, and attempt to ruin peoples credit. I have never had a Metris, Providian (my research shows they may have been purchased by Metris), First Select credit card(s). In the eighteen months it has gone from balance at assignment of $11,914.22 in Jul 2000 to a whopping $31,387.78.
I disputed the report item(s) with all 3 CRA's. Credigy did not validate the debt and the item was deleted from all 3 CRA's. Now...as I go back I can see that they have placed the item under different names, acct. #'s, and balances.
A huge sigh of relief that all CRA's deleted the fraudulent items and moved on with life. So wouldn't you know it those scoundrels are at it again.
I received letter/stmt. dated Jun 6, 2007 listing Metris (oddly not First Select) w/ balance as of today at $39,798.33.
On Equifax response on page 1 the item was deleted for Metris #6810001658, however, you go to pg. 3 and 1st Select (note not listed as First Select and location is Pleasanton, CA),#416810001658* was reported on 5/2003 for $549 showing date opened 4/2001 (recall the debt validation ltr stated date of assignment Jul 2000 with acct. #xxxxxx16589796 adding last 4 digits when they like) Equifax listed addtl info; credit card;acct transferred or sold, however, the only listed dollar amount is under category "Scheduled Payment Amt" No amount listed under category amt past due, nothing for date of last pymt, nothing for date of last activity, nothing for date maj. del. 1st rprtd, nothing for charge off amount. Odd at the very least.
Experian report listed item investigated Providian Financial #416810001658 deleted 4/29/2006. But a response letter from Experian report dated 4-28-2006 stated they investigated item Credigy Receivables 416810001658 and verified its accuracy. I have Transunion report dated 3/10/2006 w/ investigation results for item Credigy #4188100016589796 deleted. On this same report pg. 3 they list Providian #4168100016589796 date opened 4/2001 date closed 5/2003 high bal. $11,914 pay status unrated, remarks purchased by another lender.
You can see it's like a shell game w/ the acct. #'s, original creditor, and the dates. This I am certain is a violation for fair credit practice for SOL's.
How can they do this time and again in multiple states and get by with it???? I cannot understand the process. It is clear that they are going to attempt to reinsert the deleted invalid debt onto the CRA's and begin this whole wretched cycle of proving the inaccuracies. It is insane!!!
Fair Oaks, California