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Just got my TransUnion report and....


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I see they have a Providian account as: STATUS-collection/chargeoff Charged off as bad debt purchased by another lender (which is FRC) but then it says under condition: Closed (paid) What does that mean? Should I dispute it as I am doing with EQ & EX? or leave it alone? My score is only 580 with transunion and 627 with EQ 625 with EX

Sorry to be such a pain today. You all have really inspired me to get my self straightened out. :)

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<blockquote>Originally posted by Lizzy

I see they have a Providian account as: STATUS-collection/chargeoff Charged off as bad debt purchased by another lender (which is FRC) but then it says under condition: Closed (paid) What does that mean? Should I dispute it as I am doing with EQ & EX? or leave it alone? My score is only 580 with transunion and 627 with EQ 625 with EX

Sorry to be such a pain today. You all have really inspired me to get my self straightened out. :)

</blockquote>

That's an all-around derogatory account that you definately should dispute and do everything in your power to get off your report. A collections/charge-off is always going to be negative, whether paid or not.

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