topic Re: Can First Premier Bank be deleted off credit reports? in Rebuilding Your Credit

Can First Premier Bank be deleted off credit reports?

Anonymous — Mon, 07 Nov 2011 16:48:22 GMT

Hello Everyone

I am tying to get First Premier deleted off of my credit reports by doing a pay for delete however, I have called them several times for them to say that they cannot do a pfd just a update to show that the acct has been paid..what should I do? Should I send pfd do a specific department and if so what department?

Has anyone had any success with getting a pfd from First Premier Bank?

Here is the account information. Any information and advice is appreciated...

Credit CardFst Premie

Status as ofDate opened [?]Date of last activity [?]Largest past balance [?]Account Type [?]Account holder [?]Industry

Dec, 2010

Jul, 2007

Oct, 2007

$454

Revolving

Individual

National Credit Card Cos.

Descriptions [?]

Charged off account
Credit Card

No contact information provided by Equifax

Balance [?] Current Status [?] Past Due Amount [?]

$424

Bad debt/collection

$424

Seven year payment history [?]30 days late60 days late90+ days late

0 times

1 time (Oct 2007)

Worst Delinquency [?]

120+ days past due

Re: Can First Premier Bank be deleted off credit reports?

Anonymous — Mon, 07 Nov 2011 20:45:56 GMT

I have not had any luck what-so-ever with FP. They are quite the boogers.

Sorry I couldn't be more help.

Re: Can First Premier Bank be deleted off credit reports?

Anonymous — Mon, 07 Nov 2011 21:49:24 GMT

I would agree - I have just been trying GW for late payments at FP

Re: Can First Premier Bank be deleted off credit reports?

RobertEG — Tue, 08 Nov 2011 02:27:47 GMT

The FCRA does not prohibit deletion, but each furnisher of information to a CRA enters into a reporting agreement with the CRAs. The credit reporting manual used by the big three CRAs sets, as a firm policy, that furnishers are not to delete prior reporting on the basis of later payment of the debt.

Some are more flexible in deviating from this agreement than are others. Technically, they have agreed not to delete on that basis. However, the CRAs dont require a statement of reasons when a deletiion is reported, and dont police this requirement. It is a toothless requirement that can be ignored. However, it is commonly asserted as a reason to simply dismiss any request for deletion.

Since many creditors and debt collectors set this as policy within their organizations, my suggestion is that you go higher up in the management chain, and find someone with the authority to grant a deviation of their policy. You are probably unlikely to get that from their first-line clerical workers who are not authorized to grant exceptions.