Regular Contributor
Posts: 164
Registered: ‎06-06-2011
HSBC Sold - Now what?

I just called HSBC (now Cap1) about an account that is on my CR. It shows that the account was paid in full and was a charge-off. The high balance was $560 and is due to come off of my CR May 2014.

They said that to get the balance on this account that I will need to call a company called Forward Properties. They sold the account to this company, but they are still reporting it on my CR as PIF CO. Forward Properties is not reporting on my CR. What should I do now? Leave it as is since is says it was PIF? Or, should I do something to try to get rid of it?

Thanks in advance!