Reply
Established Member
Posts: 43
Registered: ‎12-03-2007
0

lvn funding

What can be done about LVN funding?  I don't think its fair that they are reporting a closed account as opened and are adding interest.
Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Re: lvn funding

You need to provide more information -
Established Member
Posts: 43
Registered: ‎12-03-2007
0

Re: lvn funding

The account is from a closed sears account.  Sears is showing the account with a zero balance on credit report.  I'm assuming LVN funding purchased the account from sears.  But LVN funding is reporting late every month and adding interest.  The amount has increased by $800.  Is this legal?  Can I dispute with CRA? 
Moderator Emeritus
Posts: 7,326
Registered: ‎06-18-2007
0

Re: lvn funding



lookingforhome wrote:
What can be done about LVN funding?  I don't think its fair that they are reporting a closed account as opened and are adding interest.


When a CA first starts reporting they show an open date....it doesn't mean that the account itself it open.
 
some add interest and some don't.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.