While going through the process of obtaining a mortgage, a California man found out that his credit score had dropped nearly 100 points because he had been referred to a collections agent for $2,800 owed to a doctor in Texas for an appendectomy. Only problem is, he still has his appendix.
The man tells CBS Sacramento that he tried dealing directly with the collections agency, but they were unwilling to listen. So he contacted the Federal Trade Commission who advised him that this falls under the umbrella of identity theft and to file a police report and notify the three main credit bureaus.
He followed that advice and the collections action was ultimately removed from his credit reports. Unfortunately, it wasn't done in time for him to get the home he was attempting to purchase when the ordeal began.
CBS Sacramento says the collections agency admits it made a mistake and apologizes for the error. Isn't that sweet of them?
1 comment:
Too much of our lives are negatively affected by credit scores. Especially when they can be wrong. My credit score doesn't show what kind of worker I am, or how good of a driver I am on a daily basis. I have always read that creditors will work with you and that is B.S. The only time they will help you is if they think they will lose your business. If your having financial difficulties (such as my wife losing her job) they don't want to hear it at all and could care less.
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