Posts: 9
Registered: ‎02-16-2012

Portfolio Recovery Associate ??? Deleting TL on credit

I have an account with PRA that I have paid in full on January of this year. They have since then reported a 0 balance and in the comments section wrote "paid collection". However, under the type of account it still is listed as open.  The DOFD was 6/06 and I really just want this removed. I would like to know how to get them to report this as closed (& does that matter) or have them delete this all together. This TL is listed as a negative item on my credit report which is certainly hurting me as far as the score goes(I think). I also have the original Bank of America secured CC account on my credit listed as a "charge off" ... These are the only two negative items on my credit and are the from the same account. Is it legal for BOA & PRA to be reporting the same thing... Is there anyway of having BOA and PRA remove these?  




Any help would be appreciated...


Starting Score: 800
Current Score: 800
Goal Score: 850

Take the FICO Fitness Challenge
Posts: 12,952
Registered: ‎04-15-2011

Re: Portfolio Recovery Associate ??? Deleting TL on credit

Yes, they can both still post to your CR.  It should be Paid/Closed, but should be in the collections portion.   Good thing is, it's nearing end of life, maybe another year on your report then gone.  Send both of them GWs, it's worth a try.

Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+