topic Questions in Rebuilding Your Credit

Questions

mel1104 — Thu, 17 Jul 2008 14:37:52 GMT

I posted this question on the General Credit Issues, but I believe I should've posted here:

My TU report shows a cc entry for First Card opened in 1996, closed in Jan 1999, and last activity Aug. 1999. I honestly don't recall whether I paid this off as it is not showing charge off, but shows "paid or paying as agreed." It also shows a balance of $553 ,but CL at the time was $500, so that is not helping. Shouldn't this have come off my report already? And should I dispute this with CRA (as far as time period and the 7yr. thing?).

Thanks for any help.

Re: Questions

Anonymous — Thu, 17 Jul 2008 14:41:53 GMT

I would leave it alone-

Even disputing the balance could easily have it removed- and you don't want that.

If anything contact the OC and ask them to update the balance-

mel1104 wrote:

I posted this question on the General Credit Issues, but I believe I should've posted here:

My TU report shows a cc entry for First Card opened in 1996, closed in Jan 1999, and last activity Aug. 1999. I honestly don't recall whether I paid this off as it is not showing charge off, but shows "paid or paying as agreed." It also shows a balance of $553 ,but CL at the time was $500, so that is not helping. Shouldn't this have come off my report already? And should I dispute this with CRA (as far as time period and the 7yr. thing?).

Thanks for any help.

Re: Questions

mel1104 — Mon, 21 Jul 2008 16:49:22 GMT

I suppose I will just leave it alone, but what about the time period? According to TL, last activity was August 1999. Is there a reason why it's still showing up 9 yrs later?

Message Edited by mel1104 on 07-21-2008 09:48 AM

Message Edited by mel1104 on 07-21-2008 09:49 AM

Re: Questions

Anonymous — Mon, 21 Jul 2008 17:05:29 GMT

Positive account remians...for 10 years...after closed...it's a good thing...it helps you history....

Re: Questions

mel1104 — Mon, 21 Jul 2008 17:42:21 GMT

Ok, I will stop worrying about this one! Thanks!!