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portfolio Cap 1 Card

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Anonymous
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portfolio Cap 1 Card

I saw on other posts.. This card is in collections for 1122 and reporting on all CRA's should this be a first priotity PFD? Is it a  double whammy with charge off and being a revolving account? Please advise?

Message 1 of 4
3 REPLIES 3
Anonymous
Not applicable

Re: portfolio Cap 1 Card

PRA doesn't do PFD. However once paid the account will stop updating and your score will start recovering. The PC and CRA can both report.
Message 2 of 4
Anonymous
Not applicable

Re: portfolio Cap 1 Card

Supposed to say OC.
Message 3 of 4
RonM21
Valued Contributor

Re: portfolio Cap 1 Card

If I understand it correctly it does do double damage. At worst it may be best to get the debt paid to eliminate one half of the damage, which is the effect it has on utilization.


Total CL: $321.7kUTL: 2%AAoA: 7.0yrsBaddies: 0Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

BoA-55k | NFCU-45k | AMEX-42k | DISC-40.6k | PENFED-38.4k | LOWES-35k | ALLIANT-25k | CITI-15.7k | BARCLAYS-15k | CHASE-10k

Message 4 of 4
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