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Is this correct? ?? Help Needed

New Contributor

Is this correct? ?? Help Needed

I made a huge mistake! In October of last year I switched my bank to NFCU and also my automatic payments or so I thought. Turns out that one account did not update their records and I ended up with overdraft fees on a closed account. Long story short, during this time I also moved so I did not receive the notices from my old bank and these accounts ended up on my credit report. I immediately paid the accounts but the bank will not remove the accounts from my CR.

Could someone please take a look below and let me know if these accounts are reporting correctly? The account types are listed as Installment which is incorrect, but is that how checking accounts get reported? Also, my payments are reporting as late payments, but I never has a loan!

Any and all help is greatly appreciated!

Status as of Jun, 2011
Date opened [?] Jul, 2005
Date of last activity [?] Nov, 2010
Account number [?] XXXXXXXXXXXXX0201
Largest past balance [?] $149
Account Type [?] Installment
Account holder [?] Individual
Industry Credit Unions
Descriptions [?]

Paid charge off
Unsecured

No contact information provided by Equifax
Balance [?] Current Status [?]
$0 Bad debt/collection
Seven year payment history [?]
30 days late 0 times
60 days late 0 times
90+ days late 2 times (May 2011, Apr 2011)
Recent payment history [?]
OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK Collection Collection
6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5
2009 2010 2011
Legend:


Current paid
Currently paid as agreed



Collection
Collection

Worst Delinquency [?]
Bad debt/collection

Second Account:
Status as of Aug, 2011
Date opened [?] Feb, 2005
Date of last activity [?] Nov, 2010
Account number [?] XXXXXXXXXXXXX0200
Largest past balance [?] $110
Account Type [?] Installment
Account holder [?] Individual
Industry Credit Unions
Descriptions [?]

Paid charge off

No contact information provided by Equifax
Balance [?] Current Status [?]
$0 Bad debt/collection
Seven year payment history [?]
30 days late 0 times
60 days late 0 times
90+ days late 2 times (May 2011, Apr 2011)
Recent payment history [?]
OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK Collection Collection OK OK
8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7
2009 2010 2011
Legend:


Current paid
Currently paid as agreed



Collection
Collection

Worst Delinquency [?]
Bad debt/collection


Starting Score: 540
Current Score: 704
Goal Score: 750


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2 REPLIES
New Contributor

Re: Is this correct? ?? Help Needed

Anyone???


Starting Score: 540
Current Score: 704
Goal Score: 750


Take the FICO Fitness Challenge
Message 2 of 3
Highlighted
Valued Contributor

Re: Is this correct? ?? Help Needed

Your original post was at 3AM (when people are probably sleeping) and then again at 2PM (when people are probably still at work). 

 

It looks like it's reporting correctly.  The payments are probably considered late because you owed overdraft fees and didn't pay those fees on time, thus late.  At least, that's what I would assume.

 

 

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