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Established Member
lookingforhome
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
Timothy
Posts: 9,252
Registered: ‎03-19-2007
0

Re: lvn funding

You need to provide more information -
Established Member
lookingforhome
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
HappyDays
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.

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