Jump to content

Question about CO description


Recommended Posts

I just noticed on my old MBNA CO the description plainly lists 'Bad debt CO'. The balance is $0. I paid this account (settled) last year. So does that mean potential lenders will still think it is outstanding? Even with a $0 balance. I have got to find a way to get this crap removed by the end of the year...

Link to comment
Share on other sites

I know it is bad regardless to have a CO on my report. But the point is, I paid it. It is not unpaid. Therefor I made an effort to own up to my debt. I just know that having an 'unpaid CO' can cause you to be rejected for a secured card. At least that is what BoA did to me...a big fat NO for both secured cards....

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.