I disputed the account and received this notice from my TRUECREDIT/TRANSUNION
An improvement to one of your accounts has appeared on your credit report.
Here are the details of this account improvement:
Reported By: TransUnion
Reported On: 11/14/2007
Date Opened or Reported: 11/13/2007
Account Number: ****
Account Balance: 0
Payment Status/Method of Payment: Collection/Chargeoff
Creditor's Name: CREDIT ONE BANK
Rechecked my profile and now got this tradeline
CREDITOR: CREDIT ONE BANK
Payment Status/Method of Payment: "PAID"
Balance: $654
I disputed and the OC stood still with their report, now I have the same information with additional: "Account disputed" notice as mandated by FCRA.
This amount has been sold to a collector, who is now completely PAID. I have send documentation to TU which I believe why they "reported" my account as $0. I do not know why CREDIT ONE BANK is reverifying my account with wrong balance.
Is there any law or case ruling which states a charge-off account or an account sold to a collection agency, or a paid collection or paid charge off should show $0.
This balance contributes to my "over all" balance.
Thanks for the advice.
Message Edited by TryingVeryHard on 11-29-2007 06:19 PM
