Portfolio Recovery finally deleted
Yesterday morning they sent the fax with the deletion instructions for the CRAs. I can’t believe they waited so long.
Of course we still have the Portfolio inquiry lowering the FICO credit scores and in combination with the inquiries from mortgage lenders, “too many inquiries” is now a negative score factor.
And that’s why the economy is in shambles. Everything is based on lies, deceit and fraud. NOBODY should ever receive a higher interest rate or insurance premium because of inquiries.
It’s nice to be able to get some individual accounts deleted, but we really need to change the SYSTEM, prohibit credit scoring and get back to reality.
– UPDATE: Portfolio also offered to delete the inquiry and my client got his mortgage and purchased his new home.
Filed under: Portfolio Recovery Associates and tagged deletion, Portfolio Recovery Associates
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