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Showing results for tags 'Portfolio Recover'.
I at one time on my CR's had two tradelines reporting the same account number. One was a HSBC credit card and the other was Portfolio Recovery CA. Both had the same account number but different dates. Portfolio was also reporting the account under a factoring company. I tried to dispute with the CR that they were reporting on the same account number and the they were reporting it as a factoring company which I read is a way to make the account look new even if it is not. After the CA Portfolio as verified I decided to take a chance and report them to BBB. I received a letter from Portfolio stating that would delete their tradeline and they did. Well now I have given it sometime to try and dispute the HSBC card. I tried it the CR, OC and now with the BBB trying to have the same result as Portfolio- which I have had with other tradelines. Well, HSBC would not comment on BBB other than they have sent me a letter to the house. The letter has now arrived and they are going to try and request for Portfolio to repurchase the acccount from them. They have already charged off the amount. Can they do this? Being that I have a letter from Portfolio to remove it from my CR's, can they then take the account back over again and put it on my CR as a new tradeline?