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PLAIN GREEN legal in Louisiana?

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Anonymous
Not applicable

PLAIN GREEN legal in Louisiana?

They popped up on my CR as a written off "loan". We live in LA but still bank in local MA bank after moving. They would not process any more payments to them after paying 1700 on1000 loan (about $150 short of total repayment amount -- something changed in MA law and they became illegal and banks will not process payments to or from PG anymore). Now it shows as a derogatory on my CR. Do I have a case to dispute to have this updated to paid and current? 

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RobertEG
Legendary Contributor

Re: PLAIN GREEN legal in Lousisana?

I would first call the local branch of the Federal Reserve, which regulates smaller banks, and make an inquiry as to the legal status of the debt.

If the debt was cancelled for some legal reason, they can tell you so, and explaint why.

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