Credit Cards

[TMOORE786]

I have an old account from kay jewelers that went into collections and i paid them after the fact, account was closed 01/01/2004. does anyone have a number i can call to maybe reactive the account and ask if they can remove the lates and i can start over again? or maybe an email address when i can email a Gw letter? please if you can provide me with some insider info it would be great. Account has 30,60,90,120,120 days late showing and its killing me.

[txjohn]

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?

[TMOORE786]

I paid kay jewelers, it says account closed, (Credit line closed / not paying as agreed) balance is $ 0

[txjohn]

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.

[TMOORE786]

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

[txjohn]

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.