Frequent Contributor
Countingpennies
Posts: 427
Registered: ‎02-14-2013
Re: Question on Scoring for IIB vs. CO/paid
[ Edited ]

Thank you. All these accounts (5) are HSBC. I have read this is an ongoing HSBC problem. Why only on TU, I don't know. I have not read about anyone actually getting this corrected or how.

 

The accounts were originally listed as CO. I disputed all my accounts on TU that were discharged. All were updated and marked IIB, except the HSBC's, which were updated to 'Paid - was a chargeoff' and under remarks 'sold or purchased by another lender.' No mention of IIB. The online version also shows a note about the update being FCRA compliant. This is not on the direct-from-TU report.

 

I do have all my paperwork.