aunieandreg Posted April 4, 2007 Report Share Posted April 4, 2007 Im still on BestBuy battle. Best Buy has had (I think) 3 financial backersin the last 17 years. In 91 through 1997 they were Bankone. I know because mine is under Bankone from 91 and my moms is from 97. Now somewhere between 97 & 07 they i believe became gemb(which also does a littlefactoring). Now they are under HSBC. When Bestbuy moved to anotherbacker would they take all the info with them to the new backer. So our debt is transferd to GEMB from Bankone. Or does Bankone continueto handle our debt since it is their loan/account/money:confused: I know that my moms card issued under BOne is still there even though they have new financial backers. Or can they have more than one backer depending on your credit ratings.I ask because GEMB has reaged the debt and would they be the OCs or like aCA. since it was never opened under that bank. Link to comment Share on other sites More sharing options...
willingtocope Posted April 4, 2007 Report Share Posted April 4, 2007 Technically, if the account WAS NOT in good standing when it was transferred from one to another...the one it was transferred to is a CA (more correctly, a junk debt buyer). Link to comment Share on other sites More sharing options...
aunieandreg Posted April 4, 2007 Author Report Share Posted April 4, 2007 Sad to say it was not at the time.But we were sure we went back to bestbuy/bankone and pd it in one of our numerous consolidation loans. Have no proof because of the age and not monitoring ourcreditreport. Plus a lot of papers were damaged and thrown awayin that time period. Thanks for the input. Link to comment Share on other sites More sharing options...
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