So in the spirit of rebuilding and paying off all my debts, I'm looking into paying back an old Chase overdrawn checking account. The amount wasn't much - I believe $291 or something like that, and I'm able to do so in late January next year.
The account was opened in 2016 I believe, to get that $300 SUB, and then used normally until 2018 when I had my credit meltdown and the account was overdrawn. I haven't heard a peep from them about this since around May 2018 (no CA involved, just Chase themselves; I still have that letter), and so I'm worried if I call to pay/visit a branch, I'll poke the bear and somehow get a collection slapped on my credit even though there's been no further communication and no CA involved.
How should I approach this? Should I pay it and hope nothing happens? Or just let it go? Is there an SOL on collecting overdrawn checking accounts? Anyone have any similar experience with Chase?
For the record, I'm in Texas, the account was closed about March 2018, and no this doesn't show up on my Chexsystems (just ordered one at the beginning of this month that came in yesterday; no negative info on it).
As always, thank you to all in advance!
@OmarGB9 wrote:So in the spirit of rebuilding and paying off all my debts, I'm looking into paying back an old Chase overdrawn checking account. The amount wasn't much - I believe $291 or something like that, and I'm able to do so in late January next year.
The account was opened in 2016 I believe, to get that $300 SUB, and then used normally until 2018 when I had my credit meltdown and the account was overdrawn. I haven't heard a peep from them about this since around May 2018 (no CA involved, just Chase themselves; I still have that letter), and so I'm worried if I call to pay/visit a branch, I'll poke the bear and somehow get a collection slapped on my credit even though there's been no further communication and no CA involved.
How should I approach this? Should I pay it and hope nothing happens? Or just let it go? Is there an SOL on collecting overdrawn checking accounts? Anyone have any similar experience with Chase?
For the record, I'm in Texas, the account was closed about March 2018, and no this doesn't show up on my Chexsystems (just ordered one at the beginning of this month that came in yesterday; no negative info on it).
As always, thank you to all in advance!
I think you should pay it and put it behind you.
Like I said, I'm not worried about the amount, and I'm all for paying what I owe. What I'm worried about is them reporting a collection after the fact. I've been working hard at this rebuild, and I really don't want it ruined by a collection being placed on my reports for a trivial overdrawn checking account.
@Anonymous wrote:
@OmarGB9 wrote:Like I said, I'm not worried about the amount, and I'm all for paying what I owe. What I'm worried about is them reporting a collection after the fact. I've been working hard at this rebuild, and I really don't want it ruined by a collection being placed on my reports for a trivial overdrawn checking account.
If you are paying the bank directly, it will not show up on your reports after it is paid. Especially if it isn't on there now.
Thanks, this is the answer I was looking for!