04-22-2011 12:12 PM
A couple of months ago I made a settlement offer with a CA for an old CC debt and settled for $419 when they claimed I owed $835. Just today I pulled all three CR's and they are all three reporting this differently. According to EX the $419 was paid and it is now showing as paid, closed and 0 balance. TU shows this as $419 paid but I know owe $426 and it is still an open account. EQ shows the account with $419 paid, shows I still owe $426 and is just empty in the account status box. How do I go about fixing these? Just try and dispute them on my CR's or contact the CA that I settled with?
01-16-2012 09:18 PM
Sorry I don't have a solution for you, I was looking for an answer to a similar question. I think we need to write the CRA but I am not sure....
01-17-2012 01:48 AM
The correct reporing by the debt collector is simple:
Closed, $0 collection balance..
"Paid" apples to OC accounts, not to collections. A collection is either open or closed.
EX has it right.
Perhaps the debt collector update has not been completed. I would not dispute at this time.
Just give them a call and request accurate update to closed, $0 balance.
It is not critical to scoring now, so I would give them a little time. If you dont get proper update, then file a direct dispute with them under FCRA 623(a)(8), forcing them to correct within 30 days.