Account closed at credit grantor's request
Address Identification Number:
Status:Closed/Past due 150 days. $40 past due as of Oct 2006.
Date Opened:07/2002
Type:Revolving
Credit Limit:NA
Date of Status:10/2006
Terms:NA
High Balance:$407
Reported Since:09/2006
Monthly Payment:$10
Recent Balance:$308
Last Reported Date:10/2006
Responsibility:Individual
Recent Payment:$0
Creditor's Statement:
Account closed at credit grantor's request.
Account History:
150 days as of Oct 2006
120 days as of Sep 2006
What is the name of the creditor that appears on the trade line?
What is the name of the creditor that appears on the trade line?
Being an account with the original creditor it looks like it is
Being an account with the original creditor it looks like it is just over 150 days past due. Most creditors don't charge off until after 180 days.
It's been over 2 years since I made a payment. I used to have th
It's been over 2 years since I made a payment. I used to have the account with Filene's but when they shut down it went to Macy's and I never got anything on it, I only recently got letters from a debt collector on it.
Hmm, that would be strange that they haven't charged it off by n
Hmm, that would be strange that they haven't charged it off by now. Could be a FDIC violation for keeping an account open past 180 days.
I am wondering if the debt collector who has it is reporting und
I am wondering if the debt collector who has it is reporting under the OC name. It says closed but still shows a balance. In my state, a collection agency cannot put an entry on a credit report in their name, only in the OC with written permission. I guess I will have to wait and see if I get anything in the mail, it has been almost a year since I seen anything.
Quote:I guess I will have to wait and see if I get anything in t
Quote:
I guess I will have to wait and see if I get anything in the mail, it has been almost a year since I seen anything. |
Don't wait and see get proactive and investigate this yourself. Contact Macys via mail, see if they still hold the account. If they don't they will tell you who does.
Good idea. Also be advised that no collection agency under ANY c
Good idea. Also be advised that no collection agency under ANY circumstance can report as the original creditor. They must report it as a collection account under their name, this is part of supplying accurate information per the Fair Credit Reporting Act.
debt
That brings up a question that I have. I've recently gotten letters/calls, from CA about a debt that is, AT LEAST 10 years old. It's not even on my CR anymore. If a debt is THAT old, can a CA call NOW and collect the debt? I'm not saying i don't owe the debt, I'm just wondering if a CA actually had a 'limit of time that they have to call/stop calling about a debt.
No they can still call because technically you still owe the deb
No they can still call because technically you still owe the debt. The only thing that saves you is if the SOL has expired. If it has, they cannot sue you. They are hoping that you don't know this and will attempt to collect. All you have to do is send a full C & D and tell them the SOL has expired. Don't tell them the debt is yours.
debt
MMmmm...I see. is this one of those things where, IF I do start making payments again, I can 'reset' the debt?
Yes making payments or telling them, usually in writing, the deb
Yes making payments or telling them, usually in writing, the debt is yours will restart the SOL and they can sue after that.
Please remember the statute of limitations varies from state to
Please remember the statute of limitations varies from state to state. Illinois and Rhode Island are ten years and Ohio is fifteen years. Every other state is between three and eight years.