I paid it off about 3 weeks ago. I called the lender and they said they would be reporting it immediately and it should show up in 3-4 days.
@KellyP25721 wrote:Well, I paid them off and for my troubles they have updated my record to show OK payments from the charge-off date up until the current date now, but they haven't shown it as paid and still show a past due balance. Dropped my EQ score 3 points. Waiting to see what the other two do.
I agree with guiness, this is not correctly reporting, at all! I would start nicely with a GW for removal of the entire TL, if not then I would go after the incorrect reporting. Might as well play nice at first for a more positive outcome.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
I did a little research and they appear to not be one of the most scupulus lenders out there. There were all kinds of lawsuits filed against them in the mid-late 90's. I'll try the nice route and go from there.