THD/CBSD - Listed on my credit report ???

Date: Wed, 12/22/2010 - 19:44

Submitted by on Wed, 12/22/2010 - 19:44

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Home Depot closed my account due to a payment which was 90 days overdue. I had tried for 3 months to pay this bill online, but was never able to log in on Home Depots web site. The Home Depot account shows up on my credit report as closed "Credit line closed-grantor request-reported by subscriber". OK, the account was paid off in full after the closure, but now my credit report still shows THD/CBSD under "Credit Cards, Loans & Other Debt". I have no idea why this company is listed, although they reflect a $1500 credit limit and give me a rating of OK since December of 2008. What gives??:confused:

Total Replies: 8

Hi! Welcome to the forums! If you have already paid off the acco

Hi!
Welcome to the forums!
If you have already paid off the account, then you may dispute the account status either with the Home Depot or with your credit bureau. However, as far as I know, even if the closed account is paid off in full, it will still be reported on your credit report. You may send a Goodwill letter to the bank and request them to delete the listing from the credit report. You can get more information on the things to do if THD/CBSD is listed on your credit report from the following pages:

http://www.debtconsolidationcare.com/getting-loan/thdcbsd.html
http://www.debtconsolidationcare.com/getting-loan/about16248.html
http://www.debtconsolidationcare.com/settlement/about21156.html
http://www.debtconsolidationcare.com/settlement/about29862.html

Submitted by Good Nelly on Wed, 12/22/2010 - 21:45

Good Nelly

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A goodwill letter is certainly useful to customers who've been t

A goodwill letter is certainly useful to customers who've been through hardships, made a late payment, but otherwise had been a good customer all through. They can use this letter to remove any negative listing on their credit report.

Submitted by Jeorge Preston on Tue, 12/28/2010 - 22:27

Jeorge Preston

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Did you ever call the number on the back of the card or mail in

Did you ever call the number on the back of the card or mail in a payment. Dont get me wrong I hpe you get it resolved, but there are many other ways to assure a payment is made.

Good Luck to you!

Submitted by rvl_73 on Wed, 12/29/2010 - 11:02

rvl_73

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You also could have gone into a store and made a payment. The a

You also could have gone into a store and made a payment. The account will continue to report to the credit bureaus as long as CBSD reports monthly.

Submitted by NASCAR_Devil on Sat, 01/01/2011 - 18:08

NASCAR_Devil

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I have never had a home depot credit card yet I looked on my cre

I have never had a home depot credit card yet I looked on my credit report and it says I owe 7,885.00 and is a open acct and it is open. how hard is it to get it resolved

Submitted by on Fri, 03/04/2011 - 17:58

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You should send a written request to Home Depot asking them to v

You should send a written request to Home Depot asking them to validate the account. If they can validate the debt, then you should negotiate settlement with them. In case you really don't owe the debt, dispute the account status with the credit bureaus. You can send them the following letter to delete the inaccurate information from your credit report:
http://www.debtconsolidationcare.com/letters/sample13.html

Submitted by Good Nelly on Mon, 03/07/2011 - 03:16

Good Nelly

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President

Why my credit report show THD/CBSD

Submitted by on Tue, 03/22/2011 - 14:48

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You can get the answer to your query from the following page: h

You can get the answer to your query from the following page:

http://www.debtconsolidationcare.com/getting-loan/thdcbsd.html

Submitted by Good Nelly on Wed, 03/23/2011 - 21:50

Good Nelly

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