maymud Posted September 29, 2005 Report Share Posted September 29, 2005 Have this neg left on EQ. Exp and TU deleted with dispute. Date opened listed as 7/1995. Date Reported 5/2005. High credit $460, Balance 0. Status 120+ past due. ccount type: revolingMy question is this: If I duspute as to the status of the account, and they verifiy, does the more current date reported (9/05) make it a biggher hit on my score?thanksmaymud Link to comment Share on other sites More sharing options...
Anonymous Posted September 30, 2005 Report Share Posted September 30, 2005 No.I just had an old car loan that was last reported in 1999 get updated on EQ and my score didn't change. Link to comment Share on other sites More sharing options...
Xanathos Posted September 30, 2005 Report Share Posted September 30, 2005 Monkey Ward's went out of business a long, LONG time ago. There's no way that tradeline could be verified. Link to comment Share on other sites More sharing options...
Anonymous Posted September 30, 2005 Report Share Posted September 30, 2005 Monkey Wards may be gone but isn't the finance handled by GE Capital? Link to comment Share on other sites More sharing options...
Xanathos Posted September 30, 2005 Report Share Posted September 30, 2005 You kind of missed my point. When Ward's went out of business, all the paperwork was destroyed. There are no more contracts, no more copies of bills...nothing. Beyond even that...I might be wrong as I haven't been in an area with a Wards in eons, but didn't they go out of business more than a decade ago? That would put everything involving them beyond the SOL, anyways. Link to comment Share on other sites More sharing options...
DocDon Posted September 30, 2005 Report Share Posted September 30, 2005 Wards went under in December of 2000. GE had been investing in them for some time and ended up (to quote another member) getting the big chorizo on their "investment" when all was said and done....Don't know if GE still holds any kind of 'interests'... Link to comment Share on other sites More sharing options...
Anonymous Posted October 1, 2005 Report Share Posted October 1, 2005 You kind of missed my point. When Ward's went out of business, all the paperwork was destroyed. There are no more contracts, no more copies of bills...nothing.I would disagree. Whoever was holding the paper backing the Wards credit (in this case GE) would receive whatever records Monkey Wards would have had in the bankruptcy and eventual liquidation. Link to comment Share on other sites More sharing options...
flacorps Posted October 5, 2005 Report Share Posted October 5, 2005 Wards went under in December of 2000. GE had been investing in them for some time and ended up (to quote another member) getting the big chorizo on their "investment" when all was said and done....Don't know if GE still holds any kind of 'interests'...The name lives on (just like Abercrombie & Fitch): http://www.wards.com/wards/aboutus.asp?partner=0 Link to comment Share on other sites More sharing options...
Ravenous Wolf Posted October 5, 2005 Report Share Posted October 5, 2005 GE had been investing in them for some time and ended up (to quote another member) getting the big chorizo on their "investment" when all was said and done.... Link to comment Share on other sites More sharing options...
spiagia Posted October 6, 2005 Report Share Posted October 6, 2005 That is one of the accounts I had deleted, didn't touch my husbands though, his was a + TL......They never verified..... Link to comment Share on other sites More sharing options...
maymud Posted October 6, 2005 Author Report Share Posted October 6, 2005 Called the phone number for the OC given on the CR. Of course, some call center in india. Refered me to GE consumer finance in US. Called them. Tried to get me to say it was fraud/identity theft. Didn't bite. Gave me an address in El Paso, TX for the GECF "research and records" department. Sent them a letter today. We'll see. Link to comment Share on other sites More sharing options...
Xanathos Posted October 6, 2005 Report Share Posted October 6, 2005 Doc, Ward's went into bankruptcy liquidation mode some 13 years ago.On the point I raised about the records being destroyed...they were destroyed. Ward's would only keep "actual" documents for 6 months before destroying them because it was too cost-prohibitive to store them in a climate controlled, moisture controlled environment. So by the time they liquidated, there were basically no contracts or actual billing statements left to transfer to the purchaser of the paper. Link to comment Share on other sites More sharing options...
Recommended Posts