topic Paid Debt in Rebuilding Your Credit

Paid Debt

Anonymous — Tue, 26 Aug 2008 22:39:10 GMT

I had an account with First Premier and paid it off in June, before I knew about this forum. The amount was paid in full to Arrow Financial. I sent GW letters to them but they then updated it as disputed. Is there anyway to get it off of my credit report? Please help.

Re: Paid Debt

anca21bi — Wed, 27 Aug 2008 02:48:37 GMT

I'm paying of a First Premier with Arrow Financial as well, I would like to know the answer to this.

Re: Paid Debt

Anonymous — Wed, 27 Aug 2008 02:52:38 GMT

About the only thing you can do is GW. Send another one but make sure you tell them you are not disputing.

Re: Paid Debt

Anonymous — Wed, 27 Aug 2008 03:12:00 GMT

I agree, you will need to GW, sometimes it takes a few tries and eventually someone there will have a soft heart and remove it.

If you are not in a hurry -- you COULD wait to see the outcome of the dispute, and then send another GW if necessary.

Just my 2 cents.

Re: Paid Debt

Anonymous — Wed, 27 Aug 2008 03:21:05 GMT

There won't really be an "outcome". When the creditor/CA reports to the CRA that the account is "disputed", the CRA doesn't investigate it like they would if the consumer disputed it directly with the CRA.

Marsaeus wrote:

If you are not in a hurry -- you COULD wait to see the outcome of the dispute, and then send another GW if necessary.

I agree with the others, continue to send GW letters. The only other option is to find email addresses for the higher ups and email GW letters to them.

Re: Paid Debt

Anonymous — Wed, 27 Aug 2008 03:26:22 GMT

Aha, didnt realize that. Thanks!

sidewinder wrote:
There won't really be an "outcome". When the creditor/CA reports to the CRA that the account is "disputed", the CRA doesn't investigate it like they would if the consumer disputed it directly with the CRA.

Marsaeus wrote:
If you are not in a hurry -- you COULD wait to see the outcome of the dispute, and then send another GW if necessary.

I agree with the others, continue to send GW letters. The only other option is to find email addresses for the higher ups and email GW letters to them.

Message Edited by Marsaeus on 08-26-2008 08:26 PM