jo4532 Posted May 20, 2007 Report Share Posted May 20, 2007 I have a reed's account they have it reported as charge off and have sold the accct to NRC and they reported to all 3 as Delinquent Account A delinquency has appeared on your credit report.Here are the details of this delinquency: Reported By: TransUnion Reported On: 05/05/2007 Account Number: Amount Delinquent: 3672 Account Balance: Payment Status/Method of Payment: Collection/Chargeoff Creditor's Name: WFNNB/REED'S JEWELERS Industry Type: Address: PO BOX 182273 COLUMBUS, OH 43218 REMARKS:Canceled by credit grantor Link to comment Share on other sites More sharing options...
SecretAgentWoman Posted May 20, 2007 Report Share Posted May 20, 2007 What is your question? Link to comment Share on other sites More sharing options...
jo4532 Posted May 20, 2007 Author Report Share Posted May 20, 2007 Sorry about that I know better...lol.. I've been trying to get this resovled paying it are whatever it takes.They are really giving me a hard time. Link to comment Share on other sites More sharing options...
SecretAgentWoman Posted May 20, 2007 Report Share Posted May 20, 2007 The hard part is, once they sold the account, they can't accept payment.So, you can negotiate a PFD with the JDB, but they have no control over the OC...Really, I think all you can do is PFD with the JDB, and then try goodwill letters with the top officers of the OC. Link to comment Share on other sites More sharing options...
jo4532 Posted May 20, 2007 Author Report Share Posted May 20, 2007 But they are still reporting it to the big 3 after they sold it. Link to comment Share on other sites More sharing options...
SecretAgentWoman Posted May 20, 2007 Report Share Posted May 20, 2007 Right. And they can do that legally, as long as they report a $0 balance.People have had 4 listings for the same account, 1. OC, 2. JDB, 3. CA, 4. Judgment - and all four can be on there legally. Some people have multiple CAs reporting at the same time.Sucks, but it's the law. Link to comment Share on other sites More sharing options...
jo4532 Posted May 20, 2007 Author Report Share Posted May 20, 2007 I might have a break here they are only reporting 0 balance on TU and not the other 2. Link to comment Share on other sites More sharing options...
merkurfan Posted May 20, 2007 Report Share Posted May 20, 2007 ya sure about that?? Amount Delinquent: 3672 Link to comment Share on other sites More sharing options...
jo4532 Posted May 20, 2007 Author Report Share Posted May 20, 2007 Yes EQU says 05/2007 Balance amount 3672 Amount past Due 3672 Link to comment Share on other sites More sharing options...
jo4532 Posted May 21, 2007 Author Report Share Posted May 21, 2007 Tell me what you think. Link to comment Share on other sites More sharing options...
jo4532 Posted May 22, 2007 Author Report Share Posted May 22, 2007 Tell me what you think please. Link to comment Share on other sites More sharing options...
VonAngel (aka EarthAngel) Posted May 23, 2007 Report Share Posted May 23, 2007 Have you disputed the balance? The law says that if a creditor chooses to report, then the reporting MUST be complete & accurate. If it was sold, then obviously the balance is incorrect. You can dispute it w/ the CRAs first to see what happens. If it's verified, then dispute directly w/ the OC & remind them of the law. If it's being reported monthly, then something tells me that you aren't going to get a delete from this. Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted May 24, 2007 Report Share Posted May 24, 2007 Tell me what you think please.I think the that the balance being reported isn't going to make a difference with your score. It's a negative TL regardless of if it's paid or not. I also think, that with this new TL, you are probably stuck with it for quite awhile. The CA is going to be able to stick it to you a lot easier. I think you should let sleeping dogs lie and try again after the SOL expires or they come after you with the first dunning letter or with a judgement. Good luck with whatever you do.Oh yeah, you can try a PFD, but with it being that new you have no leverage. They can easily take you to court and win full judgement and garnishment priviledges. Link to comment Share on other sites More sharing options...
jo4532 Posted May 26, 2007 Author Report Share Posted May 26, 2007 Thanks everyone for ur advice. Link to comment Share on other sites More sharing options...
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