Just going off of what is showing on our Credit Karma reports - will pull our actual reports in a couple of days - my husband and I each have Midland collections.
They both say the OC is GE Moneybank
They both updated last on June 25.
The date mine was opened was Nov 24, 2010 and the balance is $958 (high balance is $535 - what does that mean?)
The date it was opened on my husband's report is Aug 26, 2009 and the balance is $5,896 (high balance $3,775)
I'm pretty sure I know what the $958 amount is from - an old bank account that was ridiculous with the overdraft charges and we couldn't pay it. But neither of us has a clue what the $5,896 balance is from.
Is it possible that it's the same account? It's odd to me that the OC is the same. But the dates and amounts are different so it seems like it's two different accounts. Also, the bank account was in both our names so why would that show up on my report but not his? I'm so confused!
We could potentially pay the $958 but definitely not the $5,896.
What can we do here? Should we just leave them alone? They are still actively updating. Will they fall off soon if they are updating? Still not sure how it all works.
