workinninetofive Posted January 17, 2005 Report Share Posted January 17, 2005 Hi, having trouble getting a cc off my reports. Here is the deal, it is for only $326, charged off in 2000. They have listed only the open date, 2/95 on my reports (almost 10 yrs). I have tried to dispute this acct, and it just keeps coming back verified (over 18 mths). I am actually going to buy merchandise in the store, $125. I just called customer service & they told me if I paid the balance, they would re open the acct. Is this dumb to do? Link to comment Share on other sites More sharing options...
LadynRed Posted January 17, 2005 Report Share Posted January 17, 2005 The open date has nothing to do with the obsolesence date for reporting. The important date is the date of last activity, as that assumes that's the last time you made any payments. The account, if never brought current after that, would default 30 days after that last payment and that would start the reporting period.If you pay it they'll re-open ?? Don't bet on it. They are just as likely to take your money and leave you with a dead account. Link to comment Share on other sites More sharing options...
workinninetofive Posted January 18, 2005 Author Report Share Posted January 18, 2005 The last activity was around May 2000. I thought about that, I was going to speak to someone and then send in a letter with the money order, one of those accept this money and..I tried PFD, they will only do "paid settlement". I'm going crazy with them, they simply will not do paid as agreed.. do you think its a good idea to try to pay it and then dispute it? It's only $326 and a shame its such a high impact on my scores. Link to comment Share on other sites More sharing options...
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