cancel
Showing results for 
Search instead for 
Did you mean: 

LVNV Funding / BOA Question

tag
heirophant
Established Contributor

LVNV Funding / BOA Question

I had a BOA CO a few years ago and I settled it thru LVNV Funding in November of last year.  They keep reporting to the CB's, though (except EX).  Is there a reason they are reporting still?  Is it hurting my score?  They are reporting it as settled for less than full amount.  I just tried to call to ask these questions, but they are closed and I had to call "Resurgent Capital" per their website.  Anyone know what the deal is with this CA?
Scores: TU (FICO8): 781, EQ (FICO8): 798, EX (FICO8): 788

In my wallet: Chase Sapphire Preferred: 16,000 | Chase Slate Edge: 8,100 | Bilt World Elite Mastercard: 16,000 | Fidelity Rewards Visa Signature: 8,500 | PenFed Visa Gold: 12,500 | Penfed Pathfinder: 15,000 | Apple Card: 6,500 | Lowe's: 35,000 | Northern Skies FCU Platinum: 15,000 | Kohls: 3,000

Mortgage 11/20
Message 1 of 4
3 REPLIES 3
Anonymous
Not applicable

Re: LVNV Funding / BOA Question

If you settled the account for less than the amount owed, this is the proper way for it to report unfirtunately.  It will however drop off just like all other baddies.
Message 2 of 4
heirophant
Established Contributor

Re: LVNV Funding / BOA Question

I'm not questioning the reporting of the settlement.  I am questioning why they keep reporting it every month since I settled (4).
Scores: TU (FICO8): 781, EQ (FICO8): 798, EX (FICO8): 788

In my wallet: Chase Sapphire Preferred: 16,000 | Chase Slate Edge: 8,100 | Bilt World Elite Mastercard: 16,000 | Fidelity Rewards Visa Signature: 8,500 | PenFed Visa Gold: 12,500 | Penfed Pathfinder: 15,000 | Apple Card: 6,500 | Lowe's: 35,000 | Northern Skies FCU Platinum: 15,000 | Kohls: 3,000

Mortgage 11/20
Message 3 of 4
heirophant
Established Contributor

Re: LVNV Funding / BOA Question

Anyone?  I know I'm not the only one here that has dealt with LVNV Funding?
Scores: TU (FICO8): 781, EQ (FICO8): 798, EX (FICO8): 788

In my wallet: Chase Sapphire Preferred: 16,000 | Chase Slate Edge: 8,100 | Bilt World Elite Mastercard: 16,000 | Fidelity Rewards Visa Signature: 8,500 | PenFed Visa Gold: 12,500 | Penfed Pathfinder: 15,000 | Apple Card: 6,500 | Lowe's: 35,000 | Northern Skies FCU Platinum: 15,000 | Kohls: 3,000

Mortgage 11/20
Message 4 of 4
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.