Account Number: XXXX
Current Status: CHARGE-OFF <------- the account was NOT charged off, it was PAID off.
Account Owner: Individual Account.
High Credit: $25,976
Type of Account : Open <-------- the account is closed, it was revolving.
Open Credit Limit: $0
Term Duration:
Terms Frequency: Monthly (due every month) <-------- it was a revolving account. The balance was NOT due every month.
Date Opened: 02/2005
Balance: $0
Date Reported: 07/2009
Amount Past Due: $0
Date of Last Payment: 05/2009
Actual Payment Amount: $0 <--------- the amount paid in May 2009, which paid it off, was $6,200.
Scheduled Payment Amount: $11,358 <--------- where did this number come from?? My balance was $6,200.
Date of Last Activity: N/A
Date Major Delinquency First Reported: 07/2009 <-------- the card was paid, in full, May 2009. It had no balance in June or July 2009. There is NO way it could be late with a zero balance!
Months Reviewed: 52 Creditor Classification:
Activity Description: Paid and Closed
Charge Off Amount: $0 <-------- contradicts saying it was a charge off.
Deferred Payment Start Date:
Balloon Payment Amount: $0
Balloon Payment Date:
Date Closed:
Type of Loan: Credit Card
Date of First Delinquency: 06/2009 <-------- Again, card was paid off in full in May 2009. The balance was zero in June 2009.
Comments: Account closed at consumers request,
Settlement accepted on this account
The information is wrong. There was no charge off. There were no delinquencies.
I called the cc company. After being transferred to several different departments, I finally reached "Recovery". The lady argued that it was rightly classified as a charge off. When she finally looked at the history, she saw that it was paid off -- zero balance -- in May 2009. The card had not been used since then.
The rep resisted the request for a credit bureau update with correct information and a letter mailed to confirm the "error was being fixed".
The rep said I had to wait up to 90 days to have the information updated on the credit bureaus.
I hope this clears up the mud. *sigh* Makes it easier to see where I think they misreported?
