Help Please....CFPB Reply on Portfolio Recovery Loan Type: Factoring Company Complaint

Question

I sent a CFPB complaint that PRA has listed 2 accounts on my husband's CR as a Loan Type: Factoring Company and they are doing NOTHING about it!   I thought that a COLLECTIONS could not be listed as a Factoring account! That's what I've been reading on this forum.  Plus I've read that a Junk Debt buyer is not a Factoring company!  His debts were not in good standing when purchased 4 yrs after the charge off!
Can someone please help me and direct me in the right direction? 
Here's PRA and CFPB's response:
Portfolio Recovery Associates said:
Explanation of closure:  PRA purchased the Capital One Bank (USA), N.A. ("Capital One") MasterCard credit card account ending in 8273 from Capital One on or about February 25, 2015. Business records provided to PRA by Capital One at the time of our purchase verify that the account was opened on November 10, 2010, by Brian Roberts whose social security number ends in **** and that a balance of $772.26 was due on the account at the time of PRA's purchase. PRA purchased the Capital One Bank (USA), N.A. ("Capital One") MasterCard credit card account ending in 5355 from Capital One on or about March 27, 2015. Business records provided to PRA by Capital One at the time of our purchase verify that the account was opened on March 23, 2011, by Brian Roberts whose social security number ends in **** and that a balance of $444.52 was due on the account at the time of PRA's purchase. PRA sent its initial notification letters to you on or about March 5, 2015 regarding the PRA account ending in 8273 and on or about April 2, 2015, regarding the PRA account ending in 5355. In response to your complaint, PRA has sent letters containing validation on or about July 28, 2015 regarding the PRA accounts ending in 5355 and 8273. CFPB Response
In response to your complaint, Portfolio Recovery Associates, LLC ("PRA") verified the PRA accounts ending in 5355 and 8273. We believe that no further steps in response to your complaint or follow-up actions are required at this time.

Answer 1

Lvlover26 wrote:
I have this collection account still on my credit after being paid in full. I was told they would remove it and I have wrote them yet again another GW letter. My question is the DOFD is 12/2009. Should this really still be reporting on my credit? What are your thoughts? PORTFOLIO RECOVERY ASSOCRiverside Commerce Center
120 Corporate Blvd Ste 100
Norfolk, VA-235024962
 Account Number:CAPIT-2025601864XXXX Status:COLLECTION ACCOUNT Account Owner:Individual Account. High Credit:$339  Type of Account :OpenCredit Limit: Term Duration: Terms Frequency: Date Opened:04/01/2013  Balance:$0  Date Reported:06/24/2015 Amount Past Due: Date of Last Payment:03/2015 Actual Payment Amount:$47  Scheduled Payment Amount: Date of Last Activity:N/ADate Major Delinquency First Reported:02/2015 Months Reviewed:1 Creditor Classification:Retail Activity Designator:N/A Charge Off Amount: Deferred Payment Start Date: Balloon Payment Amount: Balloon Payment Date: Date Closed: Type of Loan:Factoring Company Account (debt buyer) Date of First Delinquency:12/2009 Comments:Consumer disputes after resolution,
Chapter 7 bankruptcy dismissed  81-Month Payment HistoryYearJanFebMarAprMayJunJulAugSepOctNovDec2015NRNRNRNRNR       2014NRNRNRNRNRNRNRNRNRNRNRNR2013   NRNRNRNRNRNRNRNRNRPayment History Key Your DOFD is December 2009 and this December would be 6 yrs. I would guess it wouldn't hurt for you to call the CRA's and ask for an early deletion (if the Customer Service person doesn't understand what you are talking about, ask to speak with a supervisor). If they don't want to early exclude (EE) then I would file a complaint with the BBB and/or CFPB. If you have any documents agreeing to delete, remember to mention that in your complaint and attach the copy. You can also explain to the CRA's that you have a copy if they would like to see it. Good Luck!