What does this change on CR mean exactly??

Anonymous · ‎03-30-2008

What does this mean?? Does it mean it will come off my CR (7 yrs is up 8/08)

Reported By: TransUnion

Reported On: 03/22/2008

Account Number: XXXXXXX

Amount Delinquent: XXXXXXX

Payment Status/Method of Payment: Collection/Chargeoff

Creditor's Name: CAPITAL ONE BANK USA NA Address: POB 30281 SALT LAKE CITY, UT 84130 REMARKS:
Canceled by credit grantor

Anonymous · ‎03-30-2008

If this is an alert, it means the change that triggered the alert was reported on 3/22.

Closed by credit grantor means the creditor closed the account not you.

hopeless wrote:
What does this mean?? Does it mean it will come off my CR (7 yrs is up 8/08)
Reported By: TransUnion
Reported On: 03/22/2008
Account Number: XXXXXXX
Amount Delinquent: XXXXXXX
Payment Status/Method of Payment: Collection/Chargeoff
Creditor's Name: CAPITAL ONE BANK USA NA Address: POB 30281 SALT LAKE CITY, UT 84130 REMARKS:
Canceled by credit grantor

Message Edited by sidewinder on 03-30-2008 08:36 PM

Anonymous · ‎03-30-2008

Does this mean it will come off my CR sooner?

Anonymous · ‎03-31-2008

It will come off 7-7.5 years from DOFD as usual.

Suprised it was just reported this month if it is due to fall off in August.

The remark has nothing to do with removal............it just simply means they closed the account, you didn't. The original account. Meaning you didn't call the card company and request the account closed, they did it on their own.