$9 credit limit returned check...

[Anonymous]

ok I had a returned check for $9 that was from 5 years ago. isn't there something about the bare minimum you can report to CRA's?  I thought I read someting about it but still.  (It's paid but still doesn't look good)

[cobra19]

It's unclear to me how this is reporting on your CR. Is it a 30-day late?

[Anonymous]

It reported from the CA as being severely past due closed acct credit limit $9.  But in the credit books I've read that there is a minimum amount that is fair to report.  And anything under that limit is...well just silly to report and affect someone's credit.  as in spending more than $9 to collect a $9 balance and impact someone's credit.

[cobra19]

geeeeezzzz........, MJ - a $9 collection account? It is perfectly legal for it to be reported, but pretty silly. The thing of it is - even though it's only 9 bucks - it is hurting you!!!!

Cal the OC - apologize for the mixup (be apologetic, humble) and pay it in exchange for the OC removing it from your file.   

[Anonymous]

Since the Op said that the $9 was already paid all he can do is ask for some goodwill. Call or write the oc and ask them to have this removed from your report.