@Anonymous wrote:Hi guys. This is a weird one that I don't recall reading on the boards.
the bank close it as paid so its reporting as a non negative item so
it wants to remain on my report until 2019!. Note the company sold to.It would be a red flag.'
Portfolio recov was just deleted today after I called them as the report
I got in dec said it would be auto deleted in Jan.
Credit Items PORTFOLIO RECOVERY ASS
Account Number: 526835000569....Outcome: Deleted
tatus Details:
This account is scheduled to continue on record until Apr 2019.
This item was updated from our processing of your dispute in May 2014.
Here is the HSBC bank item
Since the Portfolio was deleted.. and this is techncially a negative item can I have it
removed since its clearly over the 7 years?HELP!
PS I dont think the online version would help.. what about a phone call to 800 360 7580
HSBC BANK
Account NumberAccount TypeCredit CardTermsRevolvingDate Opened10/01/2007Account StatusClosedPayment StatusPaidPayment Status DetailsCredit line closedStatus Updated04/01/2009Balance-Balance Updated-Credit Limit-Past Due Amount-High Balance$575.00Monthly Payment-Balloon Payment-Contact Phone(888) 385-8916Contact AddressPO BOX 9, BUFFALO, NY 14240OwnershipIndividualOriginal Creditor-Company Sold-toPORTFOLIO RECOVRYOriginal Amount-Comments**CONSUMER STATEMENT** Y ITEM DISPUTED BY CONSUMER
If the OC is 7.5 yrs past the DoFD then you can dispute it as too old to remain on file. You can call the CRA and ask for early exclusion 6 months ahead of time with TU, 3 months on the rest.
@Anonymous wrote:"If the OC is 7.5 yrs past the DoFD"
haha TY but can you decipher that one in english for me please.
I called experian and got an onshore rep but she said that
the only thing she could do was remove the dispute by consumer note
and that"you should worry about the sold to note, it can happen to even good
cards" and that she couldnt take it off from the 7 years becaue it wasn't
a negative item.
So I'll try online version. What are the words that I put in
so the online CS will understand?(PS the portfolio item for this card was removed as of today (should
have been last month .. as it was 7 year itch time)
DoFD is the date of first delinquency, its the 30 day late that leads up to the CO. If its past 7.5 yrs from the DoFD you dispute it as too old to be on file, if its at the 7 yr mark ask that it be excluded early from your report. You need to figure out the DoFD to see if they are in compliance with the law or not.
Here is the abbreviations definition thread: http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Guide-To-Common-Abbreviations/m-p/224988?jump=true