Quote:
Originally posted by EscortBiz
did you have any serious things on there or just bullshit late payments?
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I had 2 things that showed up as collection accounts which had been paid years ago, totalling only a few hundred dollars.
I also had a somewhat-legit one for 800 from Bally's total fitness.
My basic understanding (theory) is that the credit reporting agency's are prompted by lexingotn to investigate. They then send letters to the collectors asking for proof. In my case it would seem the collectors are generally not able to prove the debt. (they are hired by the companies you owe and probably dont have actual contracts on file.
You then will get letters in the mail from each reporting agency showing which stuff was deleted. In my case it was everything.
this also came in very good timing as it lowered my mortgage rate by 1.5%