03-04-2013 03:40 PM
I am relatively new to the forum, but I've been lurking for a while. I am hoping for some advice on an issue I have.
I had an account from Kohl's that was charged off and sent to CBCS collection agency. CBCS sent me a settlement offer for half of the amount of the debt..of course I paid it and assumed that the amount owed would report at $0/Settled on my CR (just as my CITI account did last year). Well lo and behold, my report shows the balance of the "unpaid" amount rather than $0/Settled. I called Kohl's (because they are still reporting this debt; the collection agency isn't on my report) and they tell me this isn't their account anymore and they can not touch it...fine. I called CBCS and they tell me they sent an update to Kohl's, who is responsible for updating the account....I'm leaning towards believing CBCS, since Kohl's is still reporting...but each of them says its the other's responsbility..help ??
03-04-2013 03:44 PM
03-04-2013 03:51 PM
So I should be pursing the CA? The rep swore that they send updates to them "every monday like clockwork" lol...
Thanks for the input btw
03-04-2013 04:15 PM
03-05-2013 09:36 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.