drewnrupe98 Posted March 9, 2005 Report Share Posted March 9, 2005 Hi, I have just disputed an old settled chargeoff with Equifax as the initial delinquency was over 7 years old. The OC First USA Bank, responded to the dispute and reported the with a new status.was CHARGE OFF now states PAYS AS AGREED.I was thrilled at this news as previously i had had no results with this listing. THen I noticed that the payment history now shows CO for every month since the account was closed. TO be sure that this was real and not just an Equifax display glitch I ran my score and it has dropped 20 points and now gives one of the resons as 'seriously late payments as recently as last month".If I click for more details I see that the score is seeing 60 payments > 90 days late " on this account.Has anyone else seen this or know the best way to tackle it.I have prepared fresh disputes for the OC and Equifax and about to mail those unless anyone can suggest anything else ?Many Thanks. This board got me started on reparing my credit a couple of years ago, I managed to get from terrible to fairish and now revisiting it to try and remove the last few stubbon ones now that they are a bit older - so far I have managed to drop my score 20 points so could use some encouragment !! Link to comment Share on other sites More sharing options...
c m chase Posted March 9, 2005 Report Share Posted March 9, 2005 That's odd.How did you dispute it? As obsolete?If it were me, I'd write EQ another letter stating that it's obsolete and should not be reported because it's past the 7-year mark.If the OC changed the delinquency date, that's ILLEGAL. I'd also think about writing them a nasty letter and telling them they're really close to getting an FCRA suit slapped on 'em. Link to comment Share on other sites More sharing options...
divemedic Posted March 9, 2005 Report Share Posted March 9, 2005 Do you have anything in writing showing the orig deliquency as more than 7 years ago? Link to comment Share on other sites More sharing options...
drewnrupe98 Posted March 9, 2005 Author Report Share Posted March 9, 2005 No , I dont have naything in writing to show that , and now according their paynment history it wasnt. They show the account going current after first delinquency and before the delinquency that led to the charge-off. The charge off reporting was following a settlement I made with them, before i knew to get everything in writing and to see past their smooth talk about how making the settlement would help my credit report !The charge off was in feb 2000 and the account shows a closed date and zero balance at that time.Before I disputed ( based on age of initial delinquency) EQ was not showing any payment history. Now not only do they show payment history that contradicts my claim for obselescence but they are showing 60 moths of the accoutn being a charge off - fenb 2000 through now.Thanks D Link to comment Share on other sites More sharing options...
c m chase Posted March 9, 2005 Report Share Posted March 9, 2005 But do you have old credit reports showing the old info? That might help. Link to comment Share on other sites More sharing options...
drewnrupe98 Posted March 9, 2005 Author Report Share Posted March 9, 2005 yes i can show them the old reports but they didnt include a payment history - stated " no 81 payment history available".I could use the paymetn history from experian report I guess but that is older than the new one that the OC just reported. Link to comment Share on other sites More sharing options...
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