Has anyone done a PFD with Fidelity?

[Anonymous]

Contains multiple inaccuracies verify everything.

[Anonymous]

No changes to my reports yet I hate the waiting game

[Anonymous]

Wow. That comment was a bit much.

[Anonymous]

Bramma_99 - What that nothing has changed in my report yet?

[Anonymous]

Update - Today I checked my EX report and it's been removed!

FICO went up a whole 7 points (was hoping for at least 15) still have 1 CO and 1 collection related to that CO then I'll have no derogs!

[sjt]

Congrats!

What is the other CO/Collection you have?

[Anonymous]

Thanks!
Wells Fargo from 2011 1.8k
Collections is through Greater California Financial for 1.8k they do an update every month I think that's what's hurting the most.

[sjt]

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@Anonymous wrote:
Thanks!
Wells Fargo from 2011 1.8k
Collections is through Greater California Financial for 1.8k they do an update every month I think that's what's hurting the most.

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So Wells Fargo sold the debt to Greater California? on your credit report does it state that Wells Fargo sold the debt and zeroed out the balance? Never heard of a collection agency reporting monthly, and yes monthly reporting surpresses your score. I would contact the collection agency and settle. Once its zeroed out you will see a bump in score.

[Anonymous]

Yes Wells Fargo sold it and it does say something like that.

I think they're updating monthly because it's literally the only thing they can do it's been out of the SOL since 2015 and it will be removed via EE in March of 2018. Honestly I can't pay much at the moment I would be willing to do a PFD for 10% of the balance considering the circumstances they are literally dead in the water and updating monthly is their only power at this point.

And even if I somehow manage to pull off a PFD for 10% Wells Fargo definitely isn't removing it. So it looks like I'm stuck with it for 1 more year.

[gdale6]

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@Anonymous wrote:
Yes Wells Fargo sold it and it does say something like that.

I think they're updating monthly because it's literally the only thing they can do it's been out of the SOL since 2015 and it will be removed via EE in March of 2018. Honestly I can't pay much at the moment I would be willing to do a PFD for 10% of the balance considering the circumstances they are literally dead in the water and updating monthly is their only power at this point.

And even if I somehow manage to pull off a PFD for 10% Wells Fargo definitely isn't removing it. So it looks like I'm stuck with it for 1 more year.

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Per CRA rules a creditor should not update monthly if the account has been sold. If WF sold it then they cannot make any deals with you either.