Late added out of the blue.

[Anonymous]

Had an account with MBNA sold to CA (EPS) and was paid on and paid off regulary.  Paid the final payment back in Nov. of 2010.   Just checked my EQ CR and it shows Paid Collection,  $0 balance  but now with no lates in the details box until March 2011.   How can it be paid off back in Nov. and show a late of 120 days in March with a $0 balance?

[Anonymous]

It can't.  CAs cannot post late payments.

[Anonymous]

They sure enough did.  Posted a 120 late 3 months after the thing was paid off.

EQUABLE ASCENT FINANCIAL,LLC

1120 W LAKE COOK RD STE B
BUFFALO GROVE, IL-60089-1970

Account Number:	MBNA-116XXXX	Current Status:	COLLECTION ACCOUNT
Account Owner:	Individual Account.	High Credit:	$6,245
Type of Account :	Open	Credit Limit:
Term Duration:		Terms Frequency:
Date Opened:	03/2006	Balance:	$0
Date Reported:	03/2011	Amount Past Due:
Date of Last Payment:	11/2010	Actual Payment Amount:
Scheduled Payment Amount:		Date of Last Activity:	N/A
Date Major Delinquency First Reported:		Months Reviewed:	43
Creditor Classification:	Banking	Activity Description:	N/A
Charge Off Amount:		Deferred Payment Start Date:
Balloon Payment Amount:		Balloon Payment Date:
Date Closed:	11/2010	Type of Loan:	Factoring Company Account (debt buyer)
Date of First Delinquency:	08/2005
Comments:	Paid collection

81-Month Payment History

Year

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Dec

2011

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2010

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2009

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2008

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2007

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2006

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[Anonymous]

Did the late impact your score?

[Anonymous]

About 20 points

[Anonymous]

  I would write the CA a letter stating the facts, the account was paid and closed in 2010 and they recently added a late payment in 2/2011.  Ask them to correct it.

[Anonymous]

Nothing on report from the OC.   Never has been.  Just from these Equable Plan Associates.

[Anonymous]

The account you show is like an OC account.  I think because they claim they are a factoring company they try to get away with things.

[Anonymous]

They're definitely a CA.  Originally was with BOA.   I think they're reporting themselves falsely.

[Anonymous]

I would definitely send them a letter stating they are misreporting.  How can you possibly be late on an account that has been paid for a year. 

If it was a statement that said something like "worst delinguency" I wouldn't be concerned.  This is actually showing a late payment.