Sorry if this is already answered in the forums. I've searched for a few hours and found nothing answering my exact question.
I have been making on time payments for the past six months after a reached agreement with the OC on a CO account. I would like them to drop the CO stamp and update our account so our CBR's show that we are making payments in line with the new agreement. Is it possible to get the OC to do this?
You definitely want them to rehabilitate the account. Otherwise, what will happen is it will be reported as a paid charge-off, which is as bad for your credit score as unpaid. And what's worse: it will be re-aged to whenever you make the final payment!
- - - - in a credit-scoring postnuclear Stone Age...
I want the OC to report the payments. You say to send them a GW letter and ask them to rehabilitate the account. This has been done before? The OC is HSBC Mortgage Service. Has anyone had good results with them?