This Is Reporting Wrong! Please Help!

[L93065]

Hello everyone,

Need help determining what the next step is in disputing this account. On March 12, I sent a letter to the OC disputing the tradeline. When I got the green cards back, I disputed the tradelines with Experian and Equifax. I received the green cards back from the CRAs. I have not received updated reports yet.

This morning when I checked the account on True Credit, this is the way the account looked: Notations in red is the orginal information prior to dispute:

Experian

Account No.:

Condition: Closed (Paid)

Balance:

Type: Credit Card

Pay Status: Collection/Chargeoff

Equifax

Account No.:

Condition: Closed (Paid)

Balance:

Type: Unknown - credit extension, review, or collection

Pay Status: Collection/Chargeoff

Experian is reporting CO in March 05

REMARKS

Experian

Past Due:

High Balance:

Terms:

Limit: $100

Payment:

Opened: 04/2000

Reported: 08/28/2001

Responsibility: Individual

Equifax

Past Due:

High Balance: $100-was reported as $320

Terms

Limit

Payment: $0-added after dispute

Opened: 04/2000

Reported: 03/2007

Responsibility: Individual

Remarks:

[TransUnion]

[Experian] Unpaid balance reported as a loss by credit grantor.

[Equifax] Paid charge off

Accounts closed by credit grantor

The thing is that I have a copy of my check in which I paid these people $320.20 on 8/24/01 and I do not owe anything on this account and it should not be charged off. Everything reporting on this account is wrong. What is my next step. Do I wait for the updated reports from CRA before I do anything? When I get the reports, how should I proceed. Dispute with CRA only and demand it be fixed withing xx days or I will seek legal remedy?

Thanks for your help.

[stancil1]

How did you dispute the TL with the CRA (not mine, wrong amount etc)?

[L93065]

Disputed as inaccurate information

"The listed item is completely inaccurate and incomplete, and is a very serious error in reporting. "

[VonAngel (aka EarthAngel)]

Disputed as inaccurate information

"The listed item is completely inaccurate and incomplete, and is a very serious error in reporting. "

Your dispute reason needs to be more specific. You would need to tell them what exactly is wrong (i.e. balance, last payment date). If the CRA updated and it's still wrong, then you would need to contact the OC about it. The CRA only reports what it's given from the data furnisher.

[L93065]

OK, so when I receive my CRs as a result of the dispute, and the information is still wrong, I need to contact the OC and outline in my letter all of the inaccurate reporting errors? Should I request this be done within a certain time frame, i.e., 15 days?

[newbie7069]

Check the link above for Disputing with an Original Creditor.

[L93065]

Thanks, I saw that link a little while ago. I did the process out of order. I sent letter to OC 1st instead of CRAs. Sent to CRAs after I received my green card back from OC. I think I saw that on a post about 1-2 punch??????

[direred]

I'd dispute it with both. Since the FCRA, in order to be actionable by a consumer, requires a CRA dispute first, wait for the green card back on that before sending a copy to the OC.

[L93065]

I got a response from the OC today. The OC is standing firm that the account was closed due to delinquent payment condition and it has been paid in full. (It was not delinquent and yes, it was paid in full).

Experian DOLA:8/2001-The OC reports 320.00 written off and it has two dates the account was charged off.....7/2001 and 8/2001

Exquifax DOLA: 7/2001 and Date Maj Del 1st reported: 8/2006. I paid the account in 8/2001. and current status: charge off

This account was paid in full 8/2001. I have a copy of the check. This account just popped up and started reporting in 8/2004 and I have been dealing with the inaccurate reporting since.

Do I continue to work with OC on this? How can I ask the OC for a copy of their records. I know they don't have to provide them, but they are wrong on this account and all I have is a copy of my check to back me up.

[someonesomewhere]

Something jumped out at me on this.

The thing is that I have a copy of my check in which I paid these people $320.20 on 8/24/01

...

Experian DOLA:8/2001-The OC reports 320.00 written off and it has two dates the account was charged off.....7/2001 and 8/2001

I presume it's a copy of the canceled check and you can with some reasonable declare of clarity see that the check was cashed and canceled. You might look into contacting the bank and seeing about getting the original check. Might cost you $5-$15 to get it from their storage. From 2001, depending upon the bank, it's possible they were imaging their canceled checks at that time, but more than likely it is still paper if it still exists. Since you have a copy, be sure to give the bank the check number, date written, amount, to whom it was made payable, and if you know it the date the check cleared. The more helpful you are with the bank, the more likely they are to go that extra bit and help you.

Seems the EX TL gives some hint that the OC wrote off $320 and is therefore reporting it as a CO. Could be they cashed the check and never credited it to your account. Is the address that was on the check your address at that time? Was your account number on the check? Address and account number on checks might help the creditor, but there's no legal requirement for you to do it.

Seems you've got a choice here.

A) You could dispute with both the CRAs and the OC including a photocopy of the check stating you PIF the amount they claim to have written off in a CO.

Talk to a lawyer and look into suing 'em. If you've got a solid case, could be a small payday for you.

http://naca.net/find-consumer-protection-attorneys/

http://www.myfaircredit.com/s/national-coverage-map/california