@Anonymous wrote:
My husband has a medical bill in collections that was for $800. Last year I got on a payment plan and paid it down to $450, then my husband lost his job and I was unable to make any more payments past June/July of 2013. Since joining MyFico I have decided to do a PFD letter for the remaining portion to get it removed from his credit report. After checking ALL 3 of his CR, I notice that they all list current balance at $800. Is this the kind of incorrect information that allows me to dispute it off the report?
The CA was supposed to notify the CRAs of any adjustments in balance due to payments. If they haven't done that they would only need to update the balance but I don't think it will be removed.
There are some CAs that will not report the balance until paid off which is a violation of the FCRA for not reporting accurately.
