topic Re: Help Please! in Rebuilding Your Credit

Help Please!

Anonymous — Wed, 24 Oct 2012 16:01:02 GMT

I have a unpaid CO from First Premier and on my report it says this:

Account History:

Charge Off as of Dec 2010, Sep 2007, Aug 2007

Collection as of Dec 2009

90 days past due as of Jul 2007

60 days past due as of Jun 2007

30 days past due as of May 2007

I'm a little confused as how it can be Charged Off three different times.

FIRST PREMIER BANK

Address:

601 S MINNESOTA AVE

SIOUX FALLS, SD 57104

(800) 987-5521

Account Number:

XXXXXXXXXXXX

Address Identification Number:

XXXXXXXXXXXXX

Status: Account charged off. $424 written off. $424 past due as of Dec 2010.

Status Details: This account is scheduled to continue on record until Feb 2014.

This item was updated from our processing of your dispute in Jan 2010.

Date Opened: 05/2006

Reported Since: 06/2006

Date of Status: 12/2010

Last Reported: 12/2010

Type: Credit card

Terms: NA

Monthly Payment: $0

Responsibility: Individual

Credit Limit/Original Amount: NA

High Balance: $424

Recent Balance: $424 as of 12/2010

Recent Payment: $0

Any help with getting this figured out would be great! Thanks in advance.

Re: Help Please!

annielorie — Wed, 24 Oct 2012 16:03:08 GMT

Yes they can update the charege off every month if they wish if u can pay them Id suggest PFD and get all those CO and lates removed

Re: Help Please!

Anonymous — Wed, 24 Oct 2012 16:04:03 GMT

I was unaware they could keep "updating" the charge off even outside the SOL?

Re: Help Please!

Anonymous — Wed, 24 Oct 2012 16:04:56 GMT

Oh, and I already did write them a PFD letter and am waiting for a response. However, I have read that First Premier won't accept PFD, so I might just end up waiting for it to fall off February 2014.

Re: Help Please!

Shogun — Wed, 24 Oct 2012 16:18:48 GMT

Yes, the SOL does not have anything to do with the reporting to your CR. It is only factored in as to whether or not you could legally get a judgement against you.

Re: Help Please!

annielorie — Thu, 08 Nov 2012 16:59:42 GMT

Try going higher up the chain ultimitley they eant to get paid if its out of SOL in your state there is nothing they can do to require u to pay if they knew that maybe pfd say I want to pay what I owe as it is my debt but quite frankly it hurts my credit score to pay it rather then leave it alone. I am willing to Pay in full for a dletion u have nothing to lose