topic Re: RBC Bank entries in Rebuilding Your Credit

RBC Bank

Anonymous — Fri, 05 Dec 2008 19:17:10 GMT

I have two RBC Bank installment loans showing 30 days as of July 2002, Feb 2002

Both loans were signed the same day and were last paid the same day , yet on my Experian report one is scheduled to remain until January 2011 and the other until April 2009 how can this be so and where should I begin in order to correct this?

Thanks,

Re: RBC Bank

Anonymous — Sat, 06 Dec 2008 03:49:07 GMT

Were these paid and closed accounts that just had lates?

Did these accounts go delinquent?

What is the date closed? What is the DOFD-- the date of delinquency that led to the charge off/collection- if applicable?

Re: RBC Bank entries

Anonymous — Sat, 06 Dec 2008 13:09:03 GMT

Here are the entries . I think the last payment was made November 2001 but I'm not certain. As you can see the only date thats different is the date it is scheduled to continue on record until.

RBC BANK
Address:
PO BOX 911
ROCKY MOUNT, NC 27802
No phone number available Account Number:
......................
Address Identification Number: ...................
Status:
Account charged off/Current, was a charge off. $44,359 written off. $44,359 past due as of May 2007.
Status Details:
This account is scheduled to continue on record until Jan 2011.
This item was verified and updated on Jul 2007.
Date Opened:07/2000

Date of Status:
04/2004 Reported Since:
10/2000 Last Reported Date:
05/2007
Type:
Installment Terms:
12 Years Monthly Payment:
$0 Responsibility:
Individual
Credit Limit:
$54,000 High Balance:
N/A Recent Balance:
$44,359 Recent Payment:
$0

Account History:
Charge Off as of May 2007, Apr 2004, Oct 2002 to Dec 2002
90 days as of Sep 2002
60 days as of Aug 2002
30 days as of Jul 2002, Feb 2002

RBC BANK
Address:
PO BOX 911
ROCKY MOUNT, NC 27802
No phone number available Account Number:
.........................
Address Identification Number: .........................
Status:
Account charged off/Past due 90 days. $46,439 written off. $45,202 past due as of Apr 2007.
Status Details:
This account is scheduled to continue on record until Apr 2009.
This item was verified and updated on Jul 2007.
Date Opened:
07/2000 Date of Status:
10/2002 Reported Since:
10/2000 Last Reported Date:
04/2007
Type:
Installment Terms:
12 Years Monthly Payment:
$0 Responsibility:
Individual
Credit Limit:
$53,100 High Balance:
N/A Recent Balance:
$45,202 Recent Payment:
$0
Account History:
Charge Off as of Apr 2007, Mar 2004, Oct 2002 to Feb 2004
90 days as of Sep 2002
60 days as of Aug 2002
30 days as of Jul 2002, Feb 2002

Re: RBC Bank entries

Anonymous — Sat, 06 Dec 2008 13:34:31 GMT

PiggybackTuna wrote:
Here are the entries . I think the last payment was made November 2001 but I'm not certain. As you can see the only date thats different is the date it is scheduled to continue on record until.

RBC BANK
Address:
PO BOX 911
ROCKY MOUNT, NC 27802
No phone number available Account Number:
......................
Address Identification Number: ...................
Status:
Account charged off/Current, was a charge off. $44,359 written off. $44,359 past due as of May 2007.
Status Details:
This account is scheduled to continue on record until Jan 2011.
This item was verified and updated on Jul 2007.
Date Opened:07/2000
Date of Status:
04/2004 Reported Since:
10/2000 Last Reported Date:
05/2007
Type:
Installment Terms:
12 Years Monthly Payment:
$0 Responsibility:
Individual
Credit Limit:
$54,000 High Balance:
N/A Recent Balance:
$44,359 Recent Payment:
$0

Account History:
Charge Off as of May 2007, Apr 2004, Oct 2002 to Dec 2002
90 days as of Sep 2002
60 days as of Aug 2002
30 days as of Jul 2002, Feb 2002

To me, it looks like you went delinquent July 2002(30 days), then 60 days Aug 2002, then 90 days Sept 2002, then it was charged off at 120 days which was Oct 2002.

I would read the Re-Aging thread and follow the steps. I believe the first step is to dispute " incorrect FCRA Compliance Date".

You can also start by calling the CRA and asking for the FCRA Compliance Date, just do not dispute over the phone and make it clear you are not disputing, but asking for more information.

The one below looks fine.

RBC BANK
Address:
PO BOX 911
ROCKY MOUNT, NC 27802
No phone number available Account Number:
.........................
Address Identification Number: .........................
Status:
Account charged off/Past due 90 days. $46,439 written off. $45,202 past due as of Apr 2007.
Status Details:
This account is scheduled to continue on record until Apr 2009.
This item was verified and updated on Jul 2007.
Date Opened:
07/2000 Date of Status:
10/2002 Reported Since:
10/2000 Last Reported Date:
04/2007
Type:
Installment Terms:
12 Years Monthly Payment:
$0 Responsibility:
Individual
Credit Limit:
$53,100 High Balance:
N/A Recent Balance:
$45,202 Recent Payment:
$0
Account History:
Charge Off as of Apr 2007, Mar 2004, Oct 2002 to Feb 2004
90 days as of Sep 2002
60 days as of Aug 2002
30 days as of Jul 2002, Feb 2002

Message Edited by sidewinder on 12-06-2008 07:34 AM