Score dropped when Cap 1 updated Menards account..WTH?

[tc72455]

Just got a Score watch Alert:

Had a menards CC that was CO and later paid, when it was still menards. Now cap 1 has them accounts and updated my CR to say capital one/Menards. And now its listed as a a NEW account which dropped my score 10 points. Thats just BS! Nothing else was changed other than the name Capital one added infront of menards.

Anyone else having this issue?

there goes my 600!

[myjourney]

Is it reporting as good or bad?

[tc72455]

It was a charge off for menards store card, so bad.

Nothing about the account changed other than Cap 1 is now listed as well.  All dates and month of charge off are all exact.

[tc72455]

Alert:

An account listed on your credit report has been updated

CAPITAL ONE / MENARDS (XXXXXXXXXXXXX5447) Show/Hide Details

Account opened: 1/2006 Description: Account transferred or sold Charge off account Amount in high credit is original charge-off amount Previously reported Newly reported Balance: $0 Past due: $0 $0 Status: Bad Debt; Placed for collection; Bad Debt; Placed for collection; Last activity: 12/1/2010 12/1/2010 High credit: $2,305 $2,000 Description: Charge off account Account transferred or sold Account closed by credit grantor Amount in H/C column is credit limit Account transferred or sold Charge off account Amount in high credit is original charge-off amount Contact: CAPITAL ONE / MENARDS, PO Box 30253, Salt Lake City, UT, 841300253   •   (800) 695-6950

[myjourney]

Start writing GW's 

[tc72455]

And ask them what? We know Cap 1 dont remove CO's.

Ask them to remove the update of adding thier name? Increase the High Credit balance to what it was before?

I have been sitting patiently waiting for this to ride its time out and fall off while working on other stuff in my CR. But to take a score drop simply becuase they updated the account by adding thier name is a crock.

[myjourney]

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@tc72455 wrote:

And ask them what? We know Cap 1 dont remove CO's.

Ask them to remove the update of adding thier name? Increase the High Credit balance to what it was before?

I have been sitting patiently waiting for this to ride its time out and fall off while working on other stuff in my CR. But to take a score drop simply becuase they updated the account by adding thier name is a crock.

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Although rare some have had success with CAP1 YMMV

[newmomnewme]

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@tc72455 wrote:

And ask them what? We know Cap 1 dont remove CO's.

Ask them to remove the update of adding thier name? Increase the High Credit balance to what it was before?

I have been sitting patiently waiting for this to ride its time out and fall off while working on other stuff in my CR. But to take a score drop simply becuase they updated the account by adding thier name is a crock.

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That does stink. But, you know how GWing can be.....you write 40 letters and hope that one lands in the hands of the right person at the right time. Keep up the good work. I know you don't want to hear it now....but with time, you will be right back in the 600s. I soooooo feel your pain. I have two Cap1 CO right; been denied GW removals 2x via call back from the EO office.  But, I am going to send another email tonight.

[myjourney]

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@newmomnewme wrote:

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@tc72455 wrote:

And ask them what? We know Cap 1 dont remove CO's.

Ask them to remove the update of adding thier name? Increase the High Credit balance to what it was before?

I have been sitting patiently waiting for this to ride its time out and fall off while working on other stuff in my CR. But to take a score drop simply becuase they updated the account by adding thier name is a crock.

---

That does stink. But, you know how GWing can be.....you write 40 letters and hope that one lands in the hands of the right person at the right time. Keep up the good work. I know you don't want to hear it now....but with time, you will be right back in the 600s. I soooooo feel your pain. I have two Cap1 CO right; been denied GW removals 2x via call back from the EO office.  But, I am going to send another email tonight.

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That's the spirit all it takes is one and in fact there's a thread tonight on a CAP1 success 

So keep sending until you see a yes