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Transunion has all my charge offs stating paid in full...

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RESSECUP
Regular Contributor

Transunion has all my charge offs stating paid in full...

I was looking at my credit report and TransUnion has my charge offs as paid in full from Synchrony Bank, two were sold to Midland.  Why would it say this when I didnt? 

 
Account Sale Info: 
ACCOUNT SOLD TO ENCORE CAPITAL
Remarks: 
PURCHASED BY ANOTHER LENDER; >PAID IN FULL/WAS A CHARGE OFF<
Estimated month and year that this item will be removed: 
05/2021
Message 1 of 3
2 REPLIES 2
RobertEG
Legendary Contributor

Re: Transunion has all my charge offs stating paid in full...

The creditor was required, upon their sale of the debt, to update their reporing to show a debt balance of $0.

Either they misreported the $0 balance as having occured based on payment of the debt, or the CRA entered an incorrect identification as such.

You thus have an inaccuracy in your credit file/report if you did not pay.

 

You could, if so inclined, file a dispute and get it corrected......

Message 2 of 3
Bankrupt2019
Established Contributor

Re: Transunion has all my charge offs stating paid in full...

If it were me, I dont think I would be asking for them to update that one haha.









Message 3 of 3
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