03-26-2009 10:07 AM
03-26-2009 10:23 AM
Did you pay the Original Creditor or the Collection Agency?
Does the account now report as PAID or does it still show an unpaid balance?
03-26-2009 10:30 AM
I paid kay jewelers, it says account closed, (Credit line closed / not paying as agreed) balance is $ 0
03-26-2009 10:39 AM
Is there a Collection Agency also reporting this, or is the OC reporting "Collection/Charge Off?"
If it is only the OC, you may try the Good Will letter, since you paid in full. You cannot DV on an OC like you do to a CA.
03-26-2009 10:46 AM
No there is not CA, the OC is reporting and they are reporting:
Account type: Revolving Charge Account
Payment status: Credit line closed / not paying as agreed
Comments : Credit line closed-grantor request-reported by subscriber
03-26-2009 10:58 AM
Your credit report should have a "CREDITOR" section with contact info at the end. Look for Kay's and send a Good Will letter. Be sure to reference the account number. There are some great GW letter examples in the forum.
As for reinstating your account, you can ask, I am not sure, but you never know till you ask. If they won't reinstate, they may still GW for you, which will remove the derog.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.