topic Re: CA cant delete in Rebuilding Your Credit

CA cant delete

Anonymous — Fri, 29 Mar 2013 22:53:48 GMT

I have a applied bank CC that had a 2k balance they want to settle for 1k i told the rep I will pay the full settle for a delete and they said applied bank will not delete TL's. the CA is not reporting on my report yet just the applied bank TL should I pay before the CA starts to report to avoid 2 baddies?

Re: CA cant delete

Anonymous — Fri, 29 Mar 2013 22:55:49 GMT

Did the CA say they would not report if you paid them?

I would if they won't report.

Re: CA cant delete

Anonymous — Fri, 29 Mar 2013 22:59:37 GMT

I didnt get that far with the rep I wanted to speak with the Applied folks and see if they could work something out first but there offices are closed think thats a bad call?

Re: CA cant delete

Anonymous — Fri, 29 Mar 2013 23:02:44 GMT

A CA cannot have an OC account deleted and vice versa.

If the OC won't delete, I would see if the CA will take payment for not reporting then GW the OC.

Re: CA cant delete

Anonymous — Fri, 29 Mar 2013 23:03:48 GMT

I am afraid the OC wont even talk to me and just forward me to the CA that is what Citi did...

Re: CA cant delete

Anonymous — Fri, 29 Mar 2013 23:11:20 GMT

It's very possible. Is there a balance reporting with the OC?

Re: CA cant delete

Anonymous — Fri, 29 Mar 2013 23:33:15 GMT

2,083$

Re: CA cant delete

Anonymous — Fri, 29 Mar 2013 23:39:46 GMT

Then they probably still own it. Even if you have to pay the CA, the balance would no longer be factored into your utilization and would help.

Sometimes the OC just won't talk to you after sending an account to collections.

Re: CA cant delete

Anonymous — Fri, 29 Mar 2013 23:48:15 GMT

the blance of a collection credit card still counts towards my utilization?

Re: CA cant delete

Anonymous — Fri, 29 Mar 2013 23:53:03 GMT

If it is reporting both the balance and CL, yes it does.

Re: CA cant delete

Anonymous — Sat, 30 Mar 2013 00:25:32 GMT

k Status as of Aug, 2012
Date opened [?] Nov, 2001
Date of last activity [?] Jul, 2010
Date closed [?] Dec, 2009
Loan type [?] Credit Card
Credit limit [?] $1,700
Largest past balance [?] $2,086
Account Type [?] Revolving Account
Account holder [?] Individual Account
Industry Banks

So this means its counting towards my util. even though its a charge off? its reporting on TU and EX only

Re: CA cant delete

Anonymous — Sat, 30 Mar 2013 01:26:22 GMT

Yes, that is correct. By paying that off, the balance will no longer be factored into utilization and your ding will be for the CO itself.

Re: CA cant delete

Anonymous — Sat, 30 Mar 2013 01:54:04 GMT

Thank you again I had no idea that a charge off showing a balance counted towards my utili. I guess ill be taking care of this regardless if its PFD

Re: CA cant delete

Anonymous — Sat, 30 Mar 2013 02:21:56 GMT

Read the sticky in my signature about closing credit cards. Lots of good information.