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Does this change in reporting help me? (Cap 1 Question)


tammi
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My DH has Crap 1 account reporting on all 3 CRAs. I disputed the account and these are the results.

BEFORE DISPUTE:

Crap 1

Date Opened: 08/2000

Reported Since: 08/2000

Date of Status: 02/2002

Last Reported: 12/2005

High Balance: $1,184

Recent Balance: $1,184 as of 12/2005

Creditor's statement: Account closed at credit grantor's request.

Account History:

Charge off as of Dec 2005, Nov 2005, Oct 2005, Sep 2005, Aug 2005, July 2005, Jun 2005, May 2005, Jan 2005, Dec 2004, Sep 2004, Jun 2004 to Aug 2004, Oct 2003 to April 2004, July 2003, Apr 2003, Sep 2002, Jun 2002, Jan 2002

180 days as of Oct 2001

150 days as of Sep 2001

120 days as of Aug 2001

90 days as of July 2001

60 days as of Jun 2001, Dec 2000

30 days as of May 2001, Nov 2000

AFTER DISPUTE, this is what the report says:

Crap 1

Date Opened: 08/2000

Reported Since: 11/2000

Date of Status: 11/2001

Last Reported: 11/2001

High Balance: $697

Recent Balance: $1,202 as of 11/2001

Creditor's statement: Account closed at credit grantor's request.

Account History:

Charge off as of Nov 2001, Oct 2001

150 days as of Sep 2001

120 days as of Aug 2001

90 days as of July 2001

60 days as of Jun 2001, Dec 2000

30 days as of May 2001

I know that it is still a charge off and doesn't look good, but looks like they stopped reporting it monthly. Will that help his score since it looks like the account is now aging?

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Nothing like them admitting through correction they were violating FCRA for years.

If they stop reporting CHARGE OFF every month keeping the activity new, will surely improve his score over time.

They were doing what they were doing on purpose, because it lowered his score out of spite.

________

MAZDA ATENZA SPECIFICATIONS

Edited by uwackme
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