09-02-2009 01:36 PM
Whats steps do i take to remove these two off my account.... these are hitting my credit report big time....
Capital One I had already settled with them in 2005, but its showing up that i have late payments in 2006? not possible because account is closed.
09-02-2009 10:32 PM
Welcome to the forums,
I have read both of your post about capital one. It sounds like they can not verify, their computers couldn't find your acct and transferred 5times. But when you disputed with the CRA, their computer talks with Cap one computer, sounds like the reporting tape is the only one that has your info.
I'm not the wisest person here but, I would suggest looking at a MOV letter, check it out under the Frequently Requested Threads, and see what you think.
09-03-2009 12:32 AM - edited 09-03-2009 12:32 AM
Both accounts are still showing a balance and it is probably the difference between the settled amount and what the original amount was.
Unfortunately, it is legal for them to do this. It says account settled for less than full amount, not that the debt was satisfied. If it said satisifed, it would indicate you no longer owed anything.
09-03-2009 03:06 AM
You can not DV an OC and that is who is reporting these 2 accounts.
You might consider a PFD for them if you can afford to do so. Both of the accounts are more than likely out of SOL so I would not worry too much about being sued.
09-03-2009 10:02 AM - edited 09-03-2009 10:03 AM
It is reporting OK. It is a paid CO. Send both GW letters asking for deletion.
ETA....Macys can be very open. If you want to reopen the account, they might be able to do so. Call them and ask. If they say no, then you could always ask for a deletion over the phone.
09-03-2009 10:46 AM
GW Letters saying what? Im not that great at writing letters lol.... what would make them delete it? heh
Use this as a guide:
Just draw up a letter saying that you made a mistake or had this or that happen to you during XYZ time period. As a result of this or that, you were late in a couple of accounts include yours....I was able to recover and fulfill my credit obligation with you and paid off the account.
Continuing....I (my spouse and I) are cleaning up our credit in hopes of doing this or that this year (buy a home, buy a car, officially declare ourselves debt free, etc.) and the first step to that is cleaning up our credit. I am writing today to ask for a goodwill adjustment on late remarks from this or that period. Would Mr.OC (CapOne, Macys, etc.) consider helping us out?
You get the idea.
What would make them delete it? 2 things: compassion and future business. If they help you out now, wouldn't you be more open to doing business with them in the future? BTW, for the CapOne, mention you have another account active, open, and current.
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.