Consumer complaint received 2018-11-29
Company: CL Holdings LLC
State: SC
Product: Debt collection
Sub-product: Other debt
Issue: False statements or representation
Sub-issue: Attempted to collect wrong amount

Complaint:
XXXX : Disputed {$430.00} XXXX debt goes to collection, reported as of XX/XX/XXXX XXXX : XXXX XXXX XXXX, XXXX, assigned to collect, reports debt new as of XX/XX/XXXX When I learned of the XXXX XXXX XXXX XXXX XXXX . collection, I began disputing the debt as to their date of reporting. Over the next two-plus years, they continued to report the debt as if it were started in XXXX. 

The credit bureaus allow the collection companies to report the date that they receive the debt, to be the new, " placed for collection date ''. By changing the reported date, it makes a debt appear as if is brand new. The original date was to remain on the credit report as well. This has not been the case. 

In my circumstance, it appears that XXXX XXXX may be using XXXX XXXX XXXX XXXX XXXX, as it's agent, to extend the SOL or force a settlement. Someone has found a work-around. 

If each time a collection is resold, the " placed for collection '' date is changed, the credit report will take a substantial hit. 

A debt in collection that is 3 years old, is now showing on your credit report as a new collection, dated last month. 

After XXXX XXXX XXXX XXXX XXXX starting reporting the collection debt as if it were created three years after incurred, creditors began to decline loan applications. They were specific to the new collection. When I disputed the information, both the credit reporting agencies and the XXXX XXXX XXXX XXXX XXXX were adamant in keeping with the date. 

Over the past two-plus years, I have been unable to refinance or obtain a loan at any rate less than 75 %. Credit card advances are the lowest interest of my loans, however, it tends to increase my total card useage. Still, I have maintained a 100 % payment history with all of my credit obligations. 

My claim today is that, XXXX XXXX XXXX, XXXX, FRAUDULENTLY, " verified as accurate '', on multiple occassions, that they were the owner of the disputed debt, and during the period, THEY HAD IN FACT SOLD THE DEBT to another collection company. 

XXXX XXXX XXXX XXXX XXXX does not own the debt. 

I request that XXXX XXXX XXXX XXXX XXXX, and any and all information related to them, be removed from my credit history and, that any entity that was provided with my credit report information during the time that XXXX XXXX XXXX XXXX XXXX was not the debt owner, be notified of their fraud. 

XXXX XXXX XXXX XXXX has owned the debt prior to XX/XX/XXXX, and was the owner during the last disputes. 

Note : The current collection company, XXXX XXXX XXXX XXXX, has sent several " reduced balance opportunities '' that state, " Our client has advised us that they are willing to satisfy your account for ... ... % of your total balance to due to satisfy your past balance total ''. The offer amounts vary with a 40 % of account balance reduced balance of {$170.00} on XX/XX/XXXX and another with a 30 % of account balance reduced balance of {$130.00} on XX/XX/XXXX. 

If this XXXX XXXX, XXXX does indeed own the debt, and the credit reporting agencies are to be relied upon, then this offer could never have even considered. 

End Note.

Company response to consumer: Closed with non-monetary relief