lori_nj Posted July 27, 2007 Report Share Posted July 27, 2007 I have been disputing my CR with Experian which keeps coming back verified. I sent a letter to Capital one because stating if they did not correct my report I would take further action. We'll I got a letter from Crap 1 today, low and behold. This what the letter says:"Thank you for your inquiry regarding your credit bureau report. After researching your account we took the following action: Reported the above referenced account as settled with an R9 rating"What recourse can i take at this point, the R9 is a negative rating which will make my score tank. They said they will report this to all 3 CB, EQ &TU i have no problem with only EX.Please someone shed some light on this situation.lori_nj Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted July 27, 2007 Report Share Posted July 27, 2007 You need to give more information. What's wrong with what they are reporting? Is it accurate, but you're just looking to get rid of it or what? Link to comment Share on other sites More sharing options...
lori_nj Posted July 28, 2007 Author Report Share Posted July 28, 2007 you got to be kidding, according to the research on this site a R9 rating means chargeoff, this account was reported chargeoff in 2003. What does this means to me the SOL will start as of 2007 wiping out the original SOL. Also why i was disputing crap 1 is they were reporting me 30 days late consectively for an account that was chargeoff in nov 2003. (violation) Tried disputing with EX came back verified twice, so I sent a nutcase letter to Crap 1 "general correspondence dept" and this is what i get a chargeoff and 30 day lates to remain. yes there still is an os balance of $350. But hey i wanted to get this item removed last baddie, if they were not reporting me 30 days late on EX I would just wait to it fell off in 2010, it is not reporting 30 days late on EQ & TU.Thanks for the input any ideas. Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted July 28, 2007 Report Share Posted July 28, 2007 you got to be kidding, according to the research on this site a R9 rating means chargeoff, this account was reported chargeoff in 2003. What does this means to me the SOL will start as of 2007 wiping out the original SOL. Also why i was disputing crap 1 is they were reporting me 30 days late consectively for an account that was chargeoff in nov 2003. (violation) Tried disputing with EX came back verified twice, so I sent a nutcase letter to Crap 1 "general correspondence dept" and this is what i get a chargeoff and 30 day lates to remain. yes there still is an os balance of $350. But hey i wanted to get this item removed last baddie, if they were not reporting me 30 days late on EX I would just wait to it fell off in 2010, it is not reporting 30 days late on EQ & TU.Thanks for the input any ideas.Reporting you late every month after a CO is not a violation. CO is an accounting term only and means nothing as far as them reporting you late each month. With Crap1, they will continue to do this until you either settle the account (which they will do for less than full) or it's beyond the reporting period. Also, Crap1 has been known to sue after disputes if you are still within SOL. Link to comment Share on other sites More sharing options...
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