Debt Consolidation Forums Collection agencies and creditors forums

Corporate debt on my personal credit reports

member profile picture

Hi everybody, I have a quick question. I sent in a debt validation letter to Federated Financial Corporation of America. They responded back by putting the debt on my personal credit reports and they also sent a letter stating this debt does not fall under the fdcpa because it is commercial business debt. Where can I find more information to dispute and have then validate this debt? Any assitance is greatly appreciated. :D




hi--

well, what they told you is actually correct--if it is a legitimate corporate account. Business accounts are not subject to the fdcpa. However, you didnt say much about the debt itself---is it yours? If so, is it actually a corporate debt? If you can show that it is not a corporate account then they would have to abide by the FDCPA. More details could help us point you in the right direction on this one.

Sub: #1 posted on Thu, 08/07/2008 - 09:02

skydivr7673 skydivr7673
Moderators Cum Industry Expert
(Posts: 2037 | Credits: 579.66)

However, if the debt hits your personal credit reports,then it is subject to the FCRA. The tradeline must be accurate.

Sub: #2 posted on Thu, 08/07/2008 - 15:11

NASCAR_Devil NASCAR_Devil
Moderators Cum Industry Expert
(Posts: 4665 | Credits: 308.23)

Attachment
More information
  • Files must be less than 1.25 GB.
  • Allowed file types: txt pdf jpg jpeg png.
Post as a guest
CAPTCHA
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Post as a member

Share post

Page loaded in 0.988 seconds.