Question on account reporting twice.

[Anonymous]

I just joined myFico and I'm getting my scores and credit monitored.

I've been on a credit rebuilding mission for about 2 years, slowly getting my fico score from 510 to my current 700 EQ, and 730 TU and EX.

On my EQ report, I have the same negative account reporting from a Bank that was bought out and renamed. So I have Bank A, no longer around and reporting the account and Bank B reporting the same negative account under their new name.

On one hand, the negative is from 2010 so I'm guessing the hit to my EQ score is maybe a few points. But still, I'd like to know if I should do anything about it?

Thanks in advance!

[RobertEG]

If Bank B purchased the account from Bank A, they become the creditor and should merge the reporting.

I would contact them and request as such.

[Anonymous]

No I don't believe the actual account was purchased. It was a line of credit. Not a charge off or collection account.
I have a 60 days late from 2010 reporting from Bank A, and also showing from Bank B which is the bank that purchased Bank A. Bank A no longer exists.

[Anonymous]

If there are two completely separate tradelines being reported, dispute (with the CRA's) the "old" one as being a duplicate of another account. The CRA's should delete it.