Posted on: 17th Jul, 2012 03:40 am
I validated my Portfolio Recovery debt and successfully got them to delete from my credit reports. OC Capital 1 is still showing, do I DV them or send the agreement to delete? Thanks in advance for the help!
The original creditor has the right to report the debt to your credit report. Any financial item will remain in your credit report for 7 years.
Hi Bentinck,
If you have taken out a loan from the OC and if they have not charged off the loan to CA, then they have the right to report the account for 7 years. If you don't pay off the debt, then they can even report late payments to the credit bureaus.
If you have taken out a loan from the OC and if they have not charged off the loan to CA, then they have the right to report the account for 7 years. If you don't pay off the debt, then they can even report late payments to the credit bureaus.