Trying to clean up report and i have some questions.

[Anonymous]

I have been actively working on rebuilding my credit and getting my score up since January of this year. I started at EQ -585, TU -575 and EX-575. As of today i am now at EQ-653, TU-642 and EX-651. I had quite a few Charge-Off credit cards which were sold to collections agencies and i have since setttled with all of them over the past few months.

I have managed to get rid of a few of the Charge-Off credit cards on my reports along with a few of the corresponding collections accounts. I now have 4 Credit Cards showing Charge-Offs remaining and 3 Portfolio collections. 

3 out of the 4 credit cards had collections accounts associated with them and i have since settled and they are no longer on my report. How do i get rid of the Credit Card accounts that are still on my report showing Charge Off as bad debt even though they were sold to collections and i have settled those corresponding collection accounts?

Its almost like there was double dipping on my report with a credit card company reporting a bad debt and the collections agency reporting the same bad debt?

So per my report this is what the credit cards are reporting

Capital One reports in the Payment Status field

EQ - Charge-Off

TU - Charged off as bad debt

EX - Paid account/was a charge-off

Walmart reports in the Payment Status field

EQ - Charge-off (oddly the little dot next to it is Green and not red like the others)

TU - Charged off as bad debt

EQ - Unpaid balance reported as a loss by credit grantor

Merrick reports in the Payment Status field

EQ - Charge-Off (oddly the little dot next to it is Green and not red like the others)

TU - Payment after charge off/collection

EQ - Account legally paid in full for less than the full balance

All of the above cards were associated with a corresponding collection account with a collection agency which i have since settled with and paid. 

[moosemoney]

You can try sending them GW letters. Explain (honestly) the situation, how you've since paid the debt, you've learned from your mistakes, you're working on repairing the damage you caused to your credit, bla bla bla.

I've found that writing your own personalized letter (or email) works about a thousand times more than the copy/paste templates.

[RobertEG]

Reporting by the original creditor is of your history and information on their account with you.

A collection is reported by a debt collector, and reflects their actions to attempt to collect on the debt.

If a debt collector only has assigned collection authority, their balance reported is not a statement of debt owed to them, it is only a statement of the amount they are authorized to attempt to collect on behalf of the creditor.  While the monetary amount may be close or the same, it is not double-reporting of the same thing.

If the credtior sells the debt to a debt collector, then the creditor is required to promptly report an updated balance of $0 on your account with them.  The balance reported by the debt collector then reflects both the amount they are authorized to attempt to collect AND the amount of debt owed to them.