topic Re: First Premier Question in Rebuilding Your Credit

First Premier Question

CreditJunkie917 — Sat, 25 May 2013 11:20:10 GMT

I have a CO with first premier for $400. DOFD January 2007. I have tried to call them to have them removed since I paid them in feb 2008. Do I continue to try GW with them or dispute it through the CRAs?

Re: First Premier Question

DaBears — Sat, 25 May 2013 12:29:03 GMT

First Premier does not accept good will letters. I had a long talk with their credit reporting manager and she said they had stopped accepting them and had to post it on their website to let people know. I just paid off a charge-off through them that was affecting my UTIL. I have to wait till Nov 2014 for it to fall off.

Re: First Premier Question

CreditJunkie917 — Sat, 25 May 2013 13:31:16 GMT

Ok thanks. Are you seeing that affect your score in anyway, regardless of the payoff?

Re: First Premier Question

Anonymous — Sat, 25 May 2013 16:14:59 GMT

A CO will always be scored as a CO. Paying it off would help in utilization if it was factored in.

I would continue with the GWs. I have seen a few posts where some have had success with them, even after they said they won't accept them.

Re: First Premier Question

DaBears — Sat, 25 May 2013 19:27:24 GMT

@CreditJunkie917 wrote:
Ok thanks. Are you seeing that affect your score in anyway, regardless of the payoff?

My score did jump when I paid the CO. $412 bal on a $250 CL.....My UTIL is at 6% now