06-12-2013 03:19 PM
Anyone have Calvary Portfolio show up only on Experian?
They show date opened 2/1/13 and account status is closed. Past due balance.P ayment status states: Seriously past due/assigned to attorney, collection agency, or credit grantors internal collection dept.
This is from a Chase card that was charged off in August 2008 and bought /paid for $165. (seriously makes me cringe knowing how awful these CA's are!)
No one else reported this amount until Feb 2013.
What does closed mean for collection purposes? Did they sell to another collection agency? Or is that just how it reports on Experian?
06-12-2013 03:35 PM
06-12-2013 04:00 PM
Dispute with the CRA's or BBB to get this deleted?
Experian is showing closed on all collection accounts but on TU or EX they are showing a balance and "in Collection".
06-12-2013 04:01 PM
06-12-2013 04:05 PM
If they are no longer collecting or have collection authority, they should delete.
06-12-2013 04:27 PM
For dispute purposes, I am trying to get as many negatives deleted off the credit report as possible.
Unless it is somehow reporting inaccurately, that is not a valid reason. Also against the TOS of the forums.
06-12-2013 04:54 PM
06-12-2013 05:10 PM
I believe i meant to say, in general, Experian is showing unpaid collection accounts as closed (not just for Calvary) but on the TransUnion and Equifax they are showing as "in collections" (aka open?). But Calvary is only showing on Experian, not the other two reports.
So if its showing closed but still with a balance, they should delete bc that means they aren't collecting on it anymore, right?. Unless that is simply the way Experian shows account status's for collection accounts.
Sorry for the confusion or if I confused you even more!
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO