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One main fincial updated to PAID/settled for less

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Established Member

One main fincial updated to PAID/settled for less

But i didn’t pay anything on it ?!?

Was opened 4 years ago charged off 3 years ago

It gave me. 30 points boost by being updated to paid / settled

I’m worried it was sold off ?
8 REPLIES 8
Community Leader
Legendary Contributor

Re: One main fincial updated to PAID/settled for less

Can you post a screen shot of the account reporting?

 

Message 2 of 9
Established Member

Re: One main fincial updated to PAID/settled for less

How can i post them i have plenty of screenshots from it
Message 3 of 9
Established Contributor

Re: One main fincial updated to PAID/settled for less


@amckee wrote:
How can i post them i have plenty of screenshots from it

Take a screenshot, save it as a photo file, then import it here using the "Photos" button.

Message 4 of 9
Established Member

Re: One main fincial updated to PAID/settled for less

4713929E-11D2-4C23-A993-1E63A23576A4.jpeg76D582F6-F990-4C3B-8C9F-D8BE808274ED.jpegB716256C-DC63-4179-957A-F856D941613F.jpeg

Message 5 of 9
Established Member

Re: One main fincial updated to PAID/settled for less

That’s what it says even has two different amounts 

Message 6 of 9
Community Leader
Legendary Contributor

Re: One main fincial updated to PAID/settled for less

If you did not settle, then the reporting of a current status of settled for less and the reporting of a $0 balance would both be inaccurate.

You can file a dispute with the CRA and get the reporting updated/corrected.  Whether it is in your interest to do so might be a bit questionable.....

 

A substantive factor might arise if they reported a settlement for less to the IRS, which might subject you to a tax obligation.

Did they ever send a 1099c informing you that they reported a settlement to the IRS?

Message 7 of 9
Established Member

Re: One main fincial updated to PAID/settled for less

Not yet. These people are confusing there all different threw each bureau and credit site i hope they didn’t sell it off i hope they just let it go
Message 8 of 9
Established Member

Re: One main fincial updated to PAID/settled for less

Not yet sir

There confusing all the comments are different threw each bureau
Different amounts

I wonder if they sold it off??

Or did they just give up hope of getting there money
Message 9 of 9
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