MCYDSNB credit card/VISDSNB - How to remove it from credit report?
The name of VISDSNB (Visa Department Store National Bank) may pop-up in your credit report if you have applied for a credit card through the store line of Federal departmental stores, one such card is Macy's card.
When you set up an account with any of the federal departmental stores, they may also create a parallel visa account along with the original one. Hence, if you're trying to close the account with Macy, make sure that you close both the accounts at the same time. Otherwise, you may keep accumulating debts on the other account.
However, if you're sure that you have no relation whatsoever with Macy or any other Federal Departmental Stores, you have the option to dispute the entry with the Credit Reporting Agencies. Here are the contact details of the three credit bureaus
- Equifax (800-685-1111) (www.equifax.com )
- Experian (888-397-3742) (www.experian.com )
- TransUnion (800-888-4213) (www.transunion.com)
To dispute with the credit bureaus, you're required to send them a letter requesting them to investigate into the questionable accounts. You should mention your name, address, SSN and the accounts details those you'd like to dispute, in the letter.
After receiving your dispute letter, the CRA will probe into the matter. If they can't establish the account, they'll wipe the item off your report. However, along with the CRAs, you should also send a letter of debt validation to the creditor.
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#1
01-18-2006, 03:45 PM
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Join Date: Mar 2005
Posts: 5
Credits: 1,494
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Sub:
MCYDSNB credit card/VISDSNB - How to remove it from credit r
I just got my credit report recently, and there is a VISDSNB account. I don't think I have opened that account, I wonder what is VISDSNB, so that I can close that account.
This is the information available on the credit report: Address: 9111 DUKE BLVD MASON, OH 45040 No phone number available |
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#2
01-18-2006, 04:06 PM
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Senior Member
Join Date: Mar 2005
Posts: 4,126
Credits: 51,671
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Sub:
Hi topgun9
Welcome to the forums. Financial, Administrative and Credit Services Group, Inc have their headquarters at the following address: FACS Group Inc 9111 Duke Boulevard Mason, OH 45040 This account might have appeared in your file due to a simple data error. Please write a letter to the credit bureau disputing this item. They will investigate the account with your information providers and if your dispute is found correct, the item will be removed from your file. A free copy of your CR will be sent at your mailing address. You can use this sample letter to dispute with the bureau. Quote:
Regards Roxette __________________
Debtconsolidationcare offers free counseling and help, please avail the services before taking any major decisions. |
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#4
01-22-2006, 12:41 PM
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Guest
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Sub:
Why VISDSNB shows up on credit report?
VISDSNB is joined with Federated Stores when you set up a store account, there is the store account, and then they set up another visa account that is linked to the card, so you have to make sure they close both accounts, or just one of them.
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#5
01-23-2006, 04:16 AM
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Sub:
Almost all credit card companies will report the consumer accounts to the bureaus. If you are unaware about any of the account specifically, send a letter to the company as well as the CRA and query about the entry.
Insist on getting a statement in writing about the closure of the account. This will be a helpful and valid proof of your dispute being settled. |
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#8
02-07-2006, 08:45 PM
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Guest
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Sub:
MCYDSNB credit card
Quote:
y'all must of bought ms money too, huh? if you didn't i guess it's just coincidence...hmmm? i'll ponder... anyway i did p/u ms money and i got the free experian 12 month deal. i got the same two accounts on my cr report too. VISDSNB MCYDSNB credit card besides the first post that had the address, is there a place on the report that shows the address? |
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#10
02-09-2006, 12:00 PM
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Sub:
2cool4skool, you must send a letter to the company inquiring about this entry. In the recent times, I have heard many others complaining about the same issue. This entry suddenly popped up in a large number of credit files. The CRA must be getting large number of complaints on this issue. So, they must have thought about an alternative. You need to dispute on this item with the CRA as well.
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#12
02-09-2006, 01:55 PM
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Sub:
Jokey, there are three national Consumer Reporting Agencies(CRA) that frame millions and millions of consumers credit files. You can also put a copy of your credit file and know the latest standing of your credit history. Contact each or all of them at the following phone numbers:
Equifax (800-685-1111) (www.equifax.com) Experian (888-397-3742) (www.experian.com) TransUnion (800-888-4213) (www.transunion.com) |
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#14
02-15-2006, 09:13 AM
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Guest
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Sub:
MCYDSNB
MCYDSNB credit card is the company that handles Macy's and all other Federated Stores credit cards. Many of you probably have an account with Macy's or one of the affiliated stores. I would imagine that you can remove it only upon closing the particular account.
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#16
02-20-2006, 08:54 AM
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lilmoney,
Dispute the entry with credit bureaus. Roxette has posted a sample letter above. You can use this in a personalized form. Or if you wish to dispute online, view this page to know the procedure in details- http://www.debtconsolidationcare.com...portentry.html |






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