Need some help

[LS2982]

Im pulling my hair out trying to cope with this collection that popped up on my report yesterday (pls do not move mods its CC related). I want to know if there's any real chance my other creditors for my CC's will take negative action (closing) my accounts for this. I have the details on said collection in the rebuilding forum under 'can this stick'. I have 10 accounts and 2 of them were opened 2 weeks ago. im extremely worried about this. any help would greatly appreciated!

[john398]

I think you said this was your wifes account or something like that , I would dispute with the CRA right away and maybe they will remove it, as far as a canceled card if  any get cancelled best to call the credit company and explain the account wasnt yours, which credit cards are you must concerned about?

[LS2982]

Im concerned about the 2 new accounts i opened with GEMB (Walmart, CareCredit) i have 2 others from GEMB that are 4 months old and paid on time. the others ive had for 6-8 months no payments missed. i worked hard to get what ive gotten so far and fr something like this to happen is just devestating to me. the debt has been challenged and i faxed paperwork that my wife signed stating she takes full responsibility of any money not paid by the insurance to my CRA who is helping me on this.

[john398]

i maybe wrong but I have never seen amyone post of being AA by  GE for collections that have shown up

[LS2982]

thats a relief for me......what is AA?

[Datx]

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@LS2982 wrote:
thats a relief for me......what is AA?

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AA is an abbreviation for Adverse Action.

Adverse Action =  CLD or account closures, etc.