Reply
New Visitor
reluctantexan
Posts: 3
Registered: ‎02-16-2008

CC shows balance on report

Although one CC was part of Schedule F, it shows a balance....a large balance. Instead of INCLUDED IN BANKRUPTCY, it shows PAYS 61-90 DAYS. I have never attempted to clean up my report so I don't know if I write a letter, call or what.

Any advice is appreciated in advance.

Thanks.
Established Contributor
granny031350
Posts: 951
Registered: ‎12-04-2007

Re: CC shows balance on report

dispute it as IIB/zero balance.  Make sure all discharged accounts are IIB/zero balance.  Also check the dates of first delinquency etc and make sure they are all reporting the around the time of your filing.  That will determine fall off date.  
New Contributor
whoisjohngalt7
Posts: 70
Registered: ‎02-09-2008

Re: CC shows balance on report

makes a difference if you are rebuilding whether or not your balance on those accounts are zero or not....let me guess, is the account either capital one or chase? from what i read here, if it is not zeroed out, it might affect your utilization scores, which is 1/3 of your total score.
New Visitor
reluctantexan
Posts: 3
Registered: ‎02-16-2008

Re: CC shows balance on report

Yes, this one is Chase. Also, VW Credit shows my voluntary repo as "involuntary".  Does that matter in the long run? My BK was Chapter 7 discharged in 2003.
New Visitor
reluctantexan
Posts: 3
Registered: ‎02-16-2008

Re: CC shows balance on report

Thanks for the advice.  I'm so dumb that I had to look up IIBInsert Smileys,  Of course, now I know, but this looks like it might be a long haul.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+