Hi folks!
I received a letter from Midland Credit Management today that I'm confused about. I have a collection with them and March 15th I sent a settlement offer CMRR. I did a lot of research on this site (THANK YOU!) and offered to pay 50% of the debt to settle which would then be removed from the CRA's when I hit the 2 year mark per their policy on their website. Today, I got a letter back from them: "We have received and processed your dispute. After reviewing, we have found that our information is correct. We have enclosed documents regarding the account." The "enclosed document" is a plain white letter from Synchrony informing me that the OC account was sold to MCM in May 2018. In the letter is also a box that says: "You have indicated that the following item(s) pertain to your account: We are uncertain of what you are specifically disputing." At the end... "In response to your dispute, we have requested that the three major credit reporting bureaus change the status of this account to "Disputed".
What the heck is this? My settlement letter does not contain the word "dispute" anywhere in it. Why do they think my settlement offer is a dispute? What should I do? Will my score be affected at all?
Thank you all so much for the help. This forum has helped me immensely in repairing my credit from my past stupid decisions! Thank you!