Piad Charge off and paid Att reporting Balance

Hey Family! I had a credit card with Cap One that was charged off and sold to Portfolio Recovery. I paid PR in full... Cap One is still reporting a balance on my credit report. PR never listed a collection on my reports. how do I get this to report better? I had an account with ATT that was closed out and sold to Enhanced Recovery but I paid ATT in full. how do I get ER off my report? I never spoke to them about the debt but it's showing up on 2 of my reports? Plaese help me family!! Thanks

For enhanced recovery, Dispute as paid and include a copy of paid receipt from AT&T.
If it's on all 3 reports then dispute with all three bureaus.

Similar Messages

Charge Offs and New Credit

I have 5 or 6 charge offs from 2012 on my report. They're unpaid. I also have student loans that are and have always been current. Is it too soon to apply for an unsecured card? I haven't applied for any credit since 2012. Which cards should I try for? All of the charge offs were GE Retail Bank brands.

I ask about payment because it is one factor that may arise.However, it will cease to be a factor in your scoring after the CO is excluded from your credit report. Whether or not you make any payments on the debt will have no effect on when the charge-offs become excluded from your credit report.Exclusion of both charge-offs and collections is based upon only one date-certain, and that is a period of no later than 7 years plus 180 days from the date of your first delinquency on the debt with the OC. That DOFD is fixed as the date of your first delinquency in the most recent chain of any delinquencies that immediately preceded the CO or collection. Payment of non-payment has no effect upon credit report exclusion. However, a creditor can still, if they are aware of the prior CO, use that as a factor in their determination as to grant of new credit.Reporting of a CO is basicially their reporting of their determination that you are not expected to pay the debt. That is never a favorable factor in any decision to extend new credit. If you contniue not to pay, it reinforces the perception that you are a consumer who does not pay their obligated debt.However, if you do pay, while it wont help your score, it may offset the perception that you are a consumer likely to stiff a debt.

Citi Charge Off - Options

I had a citi checking plus account that had become overdrawn in 2010. I subsequently did not pay it off and never used the account again. The account was charged off and has been reporting ever since on my all 3 of my CR. In 2010 I had lived in NY and they had assigned the account to a CA based there. I currently live in FL (for the past 3.5 years) and the SOL here is 5 years so it's currently past that. The CA is not licensed here in FL. I called Citi today and asked if they can recall the debt, and if I can PFD. The rep said that I could mail them a check and then they'll update the reports as paid. I explained the situation and the fact that it's past the SOL, and if they are simply going to update as paid on the CR, I'd rather settle for much less. She didn't offer any options expect to mail the payment in. Does anyone have any experience dealing with Citi for a checking plus account? Or even Citi in general with PFD? Their office is currently closed and I'd like to be able to call them tomorrow with a little more of a game plan. I can PIF but if they are going to report paid and it'll stay on my CR regardless - then I'd rather not waste the money and have it utlized somewhere else.

I dont understand your request that they "recall the debt." It is stated that only the OC is reporting. Apparently what is being requested is that they delete their reporting of their charge-off?Perhaps they did not understand your request?

Advise on how to remove paid charge off

Looking for any advice on the best way of handeling this. I have a old paid charge off on my credit report that is scheduled to drop off in early 2016. I would love to get this removed early, but not sure if it is worth it. Is it really affecting my credit score at this point? I have read in several forums that when older than 48 mos it doesnt factor much into score. Is writting a goodwill letter to the original creditor the best way to go to get it removed? If I do send one to the OC do I have to send one to the collection agency as well to have them remove it also? If I sent a gw letter could there be any negative consequences? If they dont remove it, could they update the most recent activity date, since I contacted them? I know I posted alot of questions- any help is greatly appreciated.

jeeptrailmaster wrote:
Looking for any advice on the best way of handeling this. I have a old paid charge off on my credit report that is scheduled to drop off in early 2016. I would love to get this removed early, but not sure if it is worth it. Is it really affecting my credit score at this point? I have read in several forums that when older than 48 mos it doesnt factor much into score. Is writting a goodwill letter to the original creditor the best way to go to get it removed? If I do send one to the OC do I have to send one to the collection agency as well to have them remove it also? If I sent a gw letter could there be any negative consequences? If they dont remove it, could they update the most recent activity date, since I contacted them? I know I posted alot of questions- any help is greatly appreciated.A CO always affects your Fico the entire time its on file, the ding lessens with age once it stops monthly updating. Sometimes a creditor interprets a GW letter as a dispute and will update the TL brining the account status date current and it can affect the Fico score if that happens. One should avoid all references to disputes in a GW. Since this is coming off in early 2016 you may choose just to wait and ask for early exclusion 6 months out on TU and 3 months out on the other 2 CRAs. Your choice, sending PFDs, GWs or any other letter is always a calculated risk. Welcome to My Fico

IIB or Paid In Full was Charge Off?

I recently disputed all of my wife's TL as not reporting correctly while we are waiting for or discharge. Everything was deleted with TU except for Credit One. It came back as Paid in Full; was Charge Off for the status.
Should I bother with trying to keep disputing it? Is that better, worse, of same as IIBK? It says it was charged off and sold before I filed.

If it was charged off prior to filing you will have a very hard time getting them to update to IIBK. I wouldn't worry too much about it.

Advice on getting a Charge-Off Removed after 1099

I have a charge-off on my credit report that I received a 1099 on last year with event code H, I properly filed it with my 2014 tax return. DOFD on the account is 10/2008, the account shows as a charge-off closed account with the balance listed. What is the best approach to getting this removed from my report asap? Do I need to approach the credit with a pay for delete offer even though I've recieved a 1099? Greatly appreciate the assistance.

Rattenwriler,
Before taking such drastic measures as recommended below there are a few much simpler things to try. I would first do a Super-zap of your Parameter RAM. This will force the firmware to reset to factory defaults. To do it you press power if your system is off, or if you're at the never ending spinning gear, then press Command Control and Power simultaneously, then press and hold the following four keys: Command (Apple)Option+pr. Hold them down and the system should chime, your screen might flash and then go dark again, this is normal. Wait, continuing to hold the keys until the chime sounds four times.
If you can get the system to boot, say onto your installation CD/DVD or any version of Mac OS X, you can start the installation procedure by acknowledging that you want English, the run Disk Utility from the Utilities Menu. Do a full repair and permissions repair on the disk. Alternatively, if you have Apple Care support, you should have a copy of a limited version of TechTool Pro CD in your materials. You could boot from that, and let it diagnose your iBook. That will help determine if the problem is actually with your drive, or maybe a faulty RAM module instead. Another tool that is several years out of date, but still works, is Norton Systemworks for Macintosh. The bootable CD supports both OS9 and OS10, as long as the drive is formatted with Apple's Disk format (Pre-Intel), so it is useful for G3's G4's G5's and non-GUID formatted external drives for Intel Systems. Any of these tools should be able to repair your system.
Of course, since you already ordered a replacement, you can wait until the new system arrives, then boot your iBook into Firewire Target disk mode as mentioned by the other guys, and connect it to your new system. You want to ensure that the blinking Firewire symbol is on your screen before you connect the cable between the two systems.
Good Luck!

Eligibility for auto title after charge off

Looking for some info on this here prior to moving forward with any next steps I take. Not looking for any illegal or loophole way to screw my previous financing obligation, just honest info. Back in 2001 I purchased a vehicle under Cap One Auto. After about two years of current payments I hit a block in my finances after a job loss. Needless to say I quickly lost the ability to continue paying on the vehicle. Before I knew it, I was in over my head in debt on the vehicle. The vehicle was never reposessed but my creit was obviously impacted with a charge off status for the loan. The car has never been in hiding and I have never attempted to weasel my way out of any of it. The vehicle is 14 years old now and the charge off was recently dropped from my credit report 6-12 months back. I am in a much better place now, financially speaking, and much more responsible with my finances. I have no intent on keeping the vehicle for the rest of my life but I am not sure what options I have as far as whether or not I would even be able to obtain the title for the vehicle. As far as I can remember, I believe the remaining balance was about 6-8k. I live in California and would like to move forward from this vehicle but I would hate to have the charge off or any negative reporting reappear from trying to inquire on information or even title for the vehicle. While I would hate to have to pay the 6-8k on this, I completely understand my obligation to pay, but at the same time if I am able to settle for a lesser amount or other option, I would gladly do so. My main concern is with having any negative or chargeoff reporting reappear on my credit.

user_2000 wrote:
Looking for some info on this here prior to moving forward with any next steps I take. Not looking for any illegal or loophole way to screw my previous financing obligation, just honest info. Back in 2001 I purchased a vehicle under Cap One Auto. After about two years of current payments I hit a block in my finances after a job loss. Needless to say I quickly lost the ability to continue paying on the vehicle. Before I knew it, I was in over my head in debt on the vehicle. The vehicle was never reposessed but my creit was obviously impacted with a charge off status for the loan. The car has never been in hiding and I have never attempted to weasel my way out of any of it. The vehicle is 14 years old now and the charge off was recently dropped from my credit report 6-12 months back. I am in a much better place now, financially speaking, and much more responsible with my finances. I have no intent on keeping the vehicle for the rest of my life but I am not sure what options I have as far as whether or not I would even be able to obtain the title for the vehicle. As far as I can remember, I believe the remaining balance was about 6-8k. I live in California and would like to move forward from this vehicle but I would hate to have the charge off or any negative reporting reappear from trying to inquire on information or even title for the vehicle. While I would hate to have to pay the 6-8k on this, I completely understand my obligation to pay, but at the same time if I am able to settle for a lesser amount or other option, I would gladly do so. My main concern is with having any negative or chargeoff reporting reappear on my credit. Your first step is to contact CA DMV as to the status of the title. Even though the loan is over 14 years old and CAP ONE has charged off the loan, it's a safe bet it's still recorded on your title. Chances are also that if you or CAP ONE are no longer in possession of the title, you're going to need a lien release before CA DMV will let you apply for a duplicate. They will advise you as to what can be done to have the lien removed because of age, but again chances are you're going to have to contact CAP ONE if not directly, through certified mail. I can't give any advice on how contacting CAP ONE would impact your credit history or whether it may restart the SOL clock, but IMHO sooner or later you're going to have to talk to them. Hoping you have positive results.

Charge off finally gone--check out the huge score increase...

Experian finally excluded a CC charge off that was originally supposed to drop off in March. They moved it to June for some reason, and today it finally dropped off. How did that affect my score? +1 point. Only one CO left, and that's a Bank of America CO that was sold in 2009. According to reports from a big settlement in a NY Federal Court, BOA is going to remove any reporting for accounts they charged off and sold since May 2007. That's supposed to happen by this August. If that happens, I'll only have a small paid collection left on Experian and TU. Still waiting on a couple stragglers to drop from EQ in Sept. that are already off the others. Was hoping for a bigger score bump, but I'll take the psychological boost and one less thing for any manual reviewer to see.

asbinjax wrote:
asbinjax wrote:
crrredit wrote:
Experian finally excluded a CC charge off that was originally supposed to drop off in March. They moved it to June for some reason, and today it finally dropped off. How did that affect my score? +1 point. Only one CO left, and that's a Bank of America CO that was sold in 2009. According to reports from a big settlement in a NY Federal Court, BOA is going to remove any reporting for accounts they charged off and sold since May 2007. That's supposed to happen by this August. If that happens, I'll only have a small paid collection left on Experian and TU. Still waiting on a couple stragglers to drop from EQ in Sept. that are already off the others. Was hoping for a bigger score bump, but I'll take the psychological boost and one less thing for any manual reviewer to see.Do you have any more info on the NY Federal Court ruing about accounts COd since 2007? I am searching the net but nothing on it yet. Thanks i found the info - apparently it is pretty huge with chase, b of a, synchrony, citigroup, and others, but it only applies to the way ppl that were in bk were treated. here is one article i found:http://www.nytimes.com/2015/05/08/business/dealbook/bank-of-america-and-jpmorgan-chase-agree-to-erase-debts-from-credit-reports-after-bankruptcies.html?_r=0 sounds like good news for those that were in bk with those companies hth Read further down on that article: "Bank of America promised to go further, agreeing to fundamentally change the way the bank reports all the stale debts that are sold to financial firms. For all credit-card debts sold since May 2007, court records show, the bank will remove any marks on consumers’ credit reports. That way, a lawyer said, “should a previously sold credit card account go through a bankruptcy discharge,” the mark will already be gone." HOLY DROP OFF, BATMAN! And speak of the devil! The BOA Charge off just came off my Experian report!

BOA Wrongly Charged Off Account, advice?

Hi all – Just wanted to get some advice on what you think the best course of action should be on a previously charged off BOA account (FYI, I paid in full last month so the account is completely closed now) As some backstory: 2014 Statement requires a $500+ payment due by 2/1/14 to bring account up to date1/31/14: One day before due date, I make the requested payment by phone1/31/14: Despite making the payment before due date, BOA charges off the account on the same dateBased on a closer review of the statements, it shows:My original Pay By Phone Payment posted on 1/31On that same day, BOA appears to have reversed that Pay By Phone so they could transfer the funds to the newly charged off account (which has a different acct number)The transferred payment posts to the charged off account on 2/1 (which they keep hinting that the 2/1 date makes the payment too late to avoid charge off)On my credit report, BOA ignored my January payment and counted January as 150 day late and February-onwards as CO. I called BOA today and after reviewing my case, the representative sent in a charge off reversal request but could not guarantee it would be approved. She also insisted my credit report would be “updated” appropriately. I pushed on this and stated I think the entire TL needs to be deleted as the history thereafter could never actually be accurate. Even if they removed the charge off, how could they genuinely say any reporting thereafter is a proper reflection of the account? She pushed back and just said we need to work on the Charge Off first and I should hear back by next week. My question to everyone here is, should I just let the internal BOA process sort this out and hope they delete the TL? Should I call back and escalate to a supervisor? Should I just bypass them altogether and submit a case to the CFPB/BBB/CRAs? Since this has been entirely over the phone, I’m also a little worried there’s not enough of a paper trail (which is why I was wondering if I should dispute via another source). Regardless, I do have copies of the statements as well as the 1/31 electronic check they cashed, and a June copy of my CRs showing how they ignored the Jan payment and marked Feb-on as CO. Any advice you guys can provide would be great, thanks!

A creditor does not report the date they do the actual accounting that constitutes a charge to profit and loss in their books.That is an internal business process for which actual dates need not be reported.When they report a charge-off, they report only that they have previously taken that measure.All that is required under the FCRA is that once they have reported a charge-off, they must also report the DOFD on their account within 90 days. It is unclear as to how, based on the posted scenario, that the consumer could determine that they wrongfully did a charge-off based only on the date paid vs the billing due date on their last bill.

GE Capital Charge-Off Status - Post Bankruptcy

All, Got an alert today from my ProtectMyID credit monitoring that three items have been added to my report that are potentially negative. I took a look and noticed that three of the accounts on my EX CR (those funded by GECRB - Care Credit / Toys R Us / Lowe's Hardware) now show in the payment history with a code of CO (Charge Off) starting with this month. The account still shows a zero balance and that it was discharged in a Ch. 7 BK.
I assume this is normal? Again, only on my EX report since the other two have deleted all previous payment history. Thank you! Regards,Daniel

QFJFKSYD wrote:
I have a situation like that on my EX report. Ch13 in my case feb2013 discharge. Feb2013 shows as a collection/charge off on the myfico report. When I go to the actual report on experian which i have through disputes on other items, it does not show this. Since EX is a fako on myfico, i am thinking it is possible myfico is just wrong. Since the actual ex report doesn't show this in my case. Might be something to look at in your case as well.EX on myFICO is a Fico score. myFICO does not have fako scores. Any third party credit report is not accurate at all, even myFICO. Always go through www.annualcreditreport.com to see your actual credit reports.

Charge off being DELETED!!! Advice needed!

Hi all! So, I successfully received a EARLY DELETION as a Good Will from a student loan (private) that charged off in 2010 -- the lender finally agreed to remove this completely from my report today and submitted the electronic request to the bureaus today to delete it from my report and cosigners. This was a huge charge off and absolutely destroyed our credit 5 years ago ($25,000 charge off) - it docked us 75 points or so. Each! It was awful and my father wouldn't speak to me for months, as I defaulted and didn't tell him (young and dumb).
My question is -- once this comes off, even though it's 5 years old now, will it have any impact on my FICO or report as a whole ? My oldest account is from 2001 (13 years) and this account was opened in 2006, but I have many other accounts opened in 2003-2004 so I'm not too worried about AAofA. I do know eveytime a lender pulls my report for a manual review they note the massive charge off and it often hinders my approvals.
So any advice would be greatly appreciated. Also, the account was PIF after he charge off in 2010 by my father ($27,000) but they refused then to PFD or change status. Any advice would be appreciated ! My father is very happy to see it go, as his AAofA is 35-40 years !! Thank you all!

It doesn't make sense to me. I bought Essentials and it automatically upgraded Scorewatch to Fico 8. I called customer service and they couldn't even tell me how often my Fico score updates! It's not daily because it still reads 7-27. I am needing to look at score updates every couple days. I certainly don't see the value in $20 a month if it's not even updated? Or there's a big lag. What's the point? I asked for clarification but they couldn't explain. They said it's all "random." That MyFico Fico Scores only update once a week, they don't know what day, and it's random. I don't see the value of the product. Scorewatch seemed way better.

Chase - Getting Approved with Old Charge Off

So back about 10 years ago, while in college, I had a credit card and checking account with Chase. I was irresponsible and let the card go unpaid, and it eventually was charged off and sold to a collection agency. Here I am, 10 years later, with a great credit record, Fico in the 750s, and about 10 current credit card accounts with very low utilization. In the past 12 months, I have been denied for two different Chase cards, the CSP and Ritz cards (about 5 months apart). When I was denied for the 2nd, I called and spoke with an agent who explained to me that there was an old charge off shown in their system for $3XX and that was the reason for the denial. I offered to pay the charge off and take care of it, but they said they could no longer accept payment as it was sold to a collection agency. The woman on the phone suggested I go into a branch and see if they could help me. I did, and they could not, all they did was get someone on the phone at Chase and they told me the same thing they did when I was denied. Basically they explained I have no options to make it right with Chase and gave me no options as to a way to rebuild my relationship with the bank. My question for you guys here at the forum is whether or not there is anything I can do to repaid this relationship so I can get some Chase cards. My first thought was to open a checking account to build some credibility. The other thought I had was to open a secured credit card, although that seems a bit absurd given that i have never been declined for any other card other than these 2 from Chase. I am more than willing to do it, but wasn't sure if that would be necessary. What would you guys recommend? My main goal is to be able to get a Southwest card (or 2) in about 6 months, and I am willing to do whatever it takes. Thanks in advance for your help!

gernblanston wrote:
So back about 10 years ago, while in college, I had a credit card and checking account with Chase. I was irresponsible and let the card go unpaid, and it eventually was charged off and sold to a collection agency. Here I am, 10 years later, with a great credit record, Fico in the 750s, and about 10 current credit card accounts with very low utilization. In the past 12 months, I have been denied for two different Chase cards, the CSP and Ritz cards (about 5 months apart). When I was denied for the 2nd, I called and spoke with an agent who explained to me that there was an old charge off shown in their system for $3XX and that was the reason for the denial. I offered to pay the charge off and take care of it, but they said they could no longer accept payment as it was sold to a collection agency. The woman on the phone suggested I go into a branch and see if they could help me. I did, and they could not, all they did was get someone on the phone at Chase and they told me the same thing they did when I was denied. Basically they explained I have no options to make it right with Chase and gave me no options as to a way to rebuild my relationship with the bank. My question for you guys here at the forum is whether or not there is anything I can do to repaid this relationship so I can get some Chase cards. My first thought was to open a checking account to build some credibility. The other thought I had was to open a secured credit card, although that seems a bit absurd given that i have never been declined for any other card other than these 2 from Chase. I am more than willing to do it, but wasn't sure if that would be necessary. What would you guys recommend? My main goal is to be able to get a Southwest card (or 2) in about 6 months, and I am willing to do whatever it takes. Thanks in advance for your help! I just got off the horn with Chase EO today. Was trying a 2nd recon for a Hyatt card. The guy was really professional. He said I had a $500 slate charge off back in 2003 (which who knows what providian or family member did this to me, its buggin me) anyway, he said, we approved you for a $5k Chase IHG card. We want to see some repayment history with you first for a few months before we consider you for another card. He also said I might want a chase freedom or sapphire card some day (I had applied for the freedom in april and december of 2014). Even though I probably wont ever go for those cards, although they make a great combo. He assured me as long as I havent opened several new accounts recently I would definitely be approved if my score continues to go up. He also said that the 5 new accouts in 2 years thing is not always 100% and that he recon's people from time to time and approves them if their scores/history warrant that type of card. I also would like to add that chase is picky from person to person. Their cobranded cards are easier to get than their non's. I never had this CO thing mentioned to me before when I was denied the freedom. They said I had an unclosed checking account, and owed $75. I promptly paid that, and recon'd twice, still do dice. Also when I recon'd the IHG card the first time I was told way too many accounts, and not enough experience with a high limit card. Umm ok whatever, why can I go to ANY other bank and get a card then? Then called back the next day, instant approval for 5k IHG world mastercard. I will say, it probably wouldn't hurt to double app with them when you are ready. Some may disagree with this. But with chase theres always a chance of that 1 inquiry becoming two. And why not go for two different products that could improve your odds of getting one that the rep feels is more appropriate, or maybe even get the 2nd one approved later that same day! As long as your income supports the CSP (40k+/yr) then you should be fine? But others could chime in here regarding the underwriting. Maybe go for a cobranded 1st, then freedom 2nd, then csp 3rd.

Paid off furniture and update to $0 balance i lost 7 points on equifax how??

I had got a acceptance now furniture loan from Bobs furniture. I paid it ontime for 6 months and now reporting to all 3 bureus i went up 3 points on transunion. 1 on experian and i lost 7 points on equifax why?? It was a $1700 installemnt loan i paid it for 6 months and last month paid it in full now i lost points? Should i dispute this? Here is the alert i got COMPANYACCEPTANCE NOWBALANCE$1,60 $0PAST DUENot ReportedSTATUSPays Account As AgreedNot more than two payments past dueLAST ACTIVITY04/01/201505/01/2015DESCRIPTIONRental AgreementClosed or paid account / zero balance Rental agreement

All things being equal, it could be that the one bureau values having the installment loan more. That is the only negative I have in one bureau - no installment loans.

Charge off reporting

i have an account that was charged off last year. Since the. They report a new 90 day late each month and the account is still marked as open. I am making Payments but not paid in full yet. Can they continue to report new late payments every month. If have read both ways on this matter, does anyone have a solid answer possibly with legal reference

gdale6 wrote:
Steve172 wrote:
i have an account that was charged off last year. Since the. They report a new 90 day late each month and the account is still marked as open. I am making Payments but not paid in full yet. Can they continue to report new late payments every month. If have read both ways on this matter, does anyone have a solid answer possibly with legal referenceTechincally you are still in default so in keeping with the FCRAs requirement to report accurate info they do so each month as they are updating the balance to reflect your payments. Paying it off sooner will stop the Fico score hurting and it will stop updating on a monthly basis, this is per the CRAs operating manual that they should stop reporting once the account is paid in full, there is no legal requirement for them to do so and some creditors will continue to report even once its been paid off. This IMO is just pure spite on their part to do so.FWIW, In my personal experience, updating of a paid accounts does not seem to affect my FICO 8 scores. I had a couple of paid accounts that were disputed and when they updated, my FICO 8 scores remained the same. This would seem to confirm my suspicion that updating of an unpaid account does not make it look "new" to FICO, but rather FICO interprets this as increased collection efforts by the CA...Note that this is from my own personal experience and I can't confirm this holds true for others. I also have no idea if this is just something unique to FICO 8, and earlier score models may indeed behave differently.

Sold charge off reporting as a partial payment agreement?

Two years ago my cc company said I made a late payment and raised my interest rate. I called them and explained that I did not make a late payment but they refused to lower the payment or interest rate and then locked me out from making anymore payments. A few months later I recieved a letter saying they charged it off. This was in 2013. Now I am trying to get a mortgage. My home counselor pulled my credit report and my "charge off" is reported closed by me and sold to another lender. The other lender reports an open balance under a partial payment agreement. I've never even heard of this company, forget about having entered a partial payment agreement with them. Is this grounds for removal from the CRA?

Taking of a charge-off does not excuse the consumer's continued obligation for the entire debt.If the creditor sold the debt to another, that party can attempt to collect the entire amount.The purchaser can report their collection to the CRAs without prior notice to the consumer. Whether there is additionally an existing payment agreement/plan is a separate issue.

Piad Charge off and paid Att reporting Balance

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