Need some help - trying to help my brother-in-law with his credit and I need some help.
NCO Fin/38 Collection reported 3/2007 assigned 11/2003 Medical bill Date of 1st deliquency 9/2002 - last pament date 4/30/2005 - unpaid balance of 1332.00 - this is an old hospital bill for his son that he thought the insurance had taken care of (does not remember paying anything in 2005) -- please advise me on what steps to take since there is still a balance.
Capital One
date open 12/1998
credit limit 400
activity - closed
amount past due - (NOW) 4070.00 -- I am assuming this is interest fees and other fees added - ?
date of last payment - 08/2005
date of last activity - 01/2002
charge off amount - 1895
as of 01/2003 classified as a 4 - 120-149 days past due
then nothing from 02/2003 until 07/2005 reported
then 08/2005 until 11/2007 reporting as L - charge off
This does not make since to me - DOLA on credit report showing 01/2002 then date of last payment as 08/2005 then at bottom on account it says L- charger off 08/2005 (yet it says date of last payment as this date also 08/2005)
Can somebody please explain this to me -- I do not know exactly - I want to help him but I don't want to make matters worse. Can SOMEBODY please tell me what I should do.
He has no established credit in the past 5 years as he has paid cash for everything - no installments, no credit cards, no inquires ABSOLUTELY NOTHING - no open trade lines reporting - has not made any loans since 2001 - not one account open since that time -
has a few small collections for medical that I am going to help him write for PFD but the 2 above accounts have me stumped on what direction to take. ANY ADVISE IS GREATLY APPRECIATED.
