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I received a letter of credit from two electric companies yet as I was go over my credit bur. file there are two collections from the two comp. As per their policy, they will not issue a letter of credit unless my account are paid in full. If they do not have an account ledger that shows all my bills and my payment, how can they turn around after the fact and assigned this energy bills to a collection agency?
uh huh?
I would send a 623 letter to the electric companies and ask for proof of the debt. hopefully there response will help you decide.
energy collection
Hi grodrigu,
I agree with cinnamngrl. You should send a 623 dispute letter to the electric companies. The creditor or the collection agency is the information furnisher. They retain information for about 12-18 months only. Thus, they may not be able to provide you with an information older than 12-18 months. If they are unable to provide you with it, they are bound to remove those listings from your report. You can dispute the listings with them. This is known as the 623 dispute.
So, send them a 623 dispute through certified mail, requesting a return receipt.
Thanks,
Aaron