Inaccurate Account Status Reported

Date: Mon, 09/17/2012 - 10:33

Submitted by anonymous
on Mon, 09/17/2012 - 10:33

Posts: 202330 Credits: [Donate]

Total Replies: 3

I accepted a settlement on an account in 2009 which was 30,90,120 days late repeatedly. I lost a secondary source of income. I was making monthly payments but they were only one month at a time. I was never able to pay three payments at once to bring this account current. The pay status still reflects 120 days late even though it was settled in 2009. Can I have this removed? I've contacted the credit reporting agencies and they keep telling me the information has been validated. What to do?:confused:

Is it showing the account was settled and that it was 120 days l

Is it showing the account was settled and that it was 120 days late at the time? If so, that's legit.

If it's just showing 120 day late, and not settled, that's not.

Contact the lender and tell them to correct it.

lrhall41

Submitted by OhioGal1 on Mon, 09/17/2012 - 10:45

( Posts: 5253 | Credits: )

This is how it is relected on the reports. Tr

This is how it is relected on the reports.

TransUnion Experian Equifax
Condition: Derogatory Paid Paid
Balance: $0 $0 $0
Pay Status: Late 120 Days Unknown Late 120 Days

Should the payment history from 2006- 2009 still be reflected also?

Thanks for your help.:smile:

lrhall41

Submitted by anonymous on Mon, 09/17/2012 - 11:00

( Posts: 202330 | Credits: )

That's reported correctly. It shows that you were 120 days l

That's reported correctly.

It shows that you were 120 days late, which you were.

It shows the account was paid.

And yes, your past 7 years of payment history can show.

lrhall41

Submitted by OhioGal1 on Mon, 09/17/2012 - 11:05

( Posts: 5253 | Credits: )