Trying to Clean Things Up
2. There is another collection account being reported as a time share loan but it is not. It is for the maintenance fees. It is three years old and paid can I dispute this?
3. One other account which I've also paid over three years ago shows it was charged off after I paid it. The payment history also shows one month it was 30 days late but the very next month it was reported as 90 days late. Shouldn't it have gone to 60 days first and can this be disputed?
Quote:1. I have two collection accounts, one is 82.00 and the ot
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1. I have two collection accounts, one is 82.00 and the other is 112.00 that are two years old. I've paid them over a year ago. Is it worth sending them a goodwill letter asking them to delete these accounts. |
You can try but it's not likely they'll be removed as they're being reported correctly.
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2. There is another collection account being reported as a time share loan but it is not. It is for the maintenance fees. It is three years old and paid can I dispute this? |
Dispute it as being reported incorrectly.
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3. One other account which I've also paid over three years ago shows it was charged off after I paid it. The payment history also shows one month it was 30 days late but the very next month it was reported as 90 days late. Shouldn't it have gone to 60 days first and can this be disputed? |
Did you pay it off or settle it? Did you pay the original creditor or a collection agency? The 30 to 90 could just be because they only update credit bureau reports every other month.
Thanks for your help
Did you pay it off or settle it? It was settled.
Did you pay the original creditor or a collection agency?
It was paid to a collection agency that was hired by the company. I attempted to deal with the original creditor and they told me the account had been assigned to their third party collector.
The 30 to 90 could just be because they only update credit bureau reports every other month.
Oh ok. It was 30 days late in June but in July 90 days late.
if you have the money, you could offer the CA to pay for deletio
if you have the money, you could offer the CA to pay for deletion.
as for the 30/90 thing, you can dispute it and say it should be 60. ohiogal is probably right in that it is reported correctly; but the bureaus might just correct it. i've seen people dispute things and get their reports fixed up when they shouldn't. i manage my father's finances and i disputed refinanced mortgages from subprime lenders that no longer exist.. they were deleted and his score went up 70-80 points.
Why would they offer to pay something that has already been paid
Why would they offer to pay something that has already been paid? :p
The only thing you can really do is pick apart the tradelines and make sure they are reporting it 100% accurately. Find the inaccuracies and dispute them. They will either fix the errors, ignore you or drop the tradeline. The last two are good for you. If they drop it, mission accomplished. If they ignore you or 'verify' the info to be accurate, then things get interesting. You basically fight it and if need be, take them to small claims court for willfully reporting wrong information that is detrimental to your credit.
From what I can see (if you post the actual tradelines word for word (redact the sensitive info) we can go over it with a fine tooth comb and find the wrong areas):
Time share loan: it is reporting incorrectly as a loan when it is simply fees.
charged off after paid: This is big bad...it can't be charged off AFTER it was paid...at the very most it should read as 'paid charge off'. You can also challenge the late pays...make them PROVE you were late at all and more specifically how you can be 60 days late one month then 90 days late the very next month. Doesn't matter how they do their reporting, it must reflect correctly and going from 30 to 90 in the span of one month is simply not correct.
