bobbiest Posted January 22, 2009 Report Share Posted January 22, 2009 I had a repo balance verified through cras. Since I have done that, the original creditor has changed the balance from 0 to amount they say I still owe. It is a charged off/written off account at this point and states so on the reports. Should this be showing a balance on credit report or should it be 0 dollar amount? I was going to dispute this next as they changed the amount. Link to comment Share on other sites More sharing options...
OMGWhatHaveIdone Posted January 22, 2009 Report Share Posted January 22, 2009 Perform a search on Charge Offs or read through the stickies. They should be able to point you in the right direction. Link to comment Share on other sites More sharing options...
Robert Nashville/Savannah Posted January 22, 2009 Report Share Posted January 22, 2009 Yes...they'll show the balance owed because you still owe it.If they sell the debt to a JDB then they should change their reporting to reflect that (account sold and a balance owed to them of zero). Link to comment Share on other sites More sharing options...
OMGWhatHaveIdone Posted January 22, 2009 Report Share Posted January 22, 2009 Yes...they'll show the balance owed because you still owe it.If they sell the debt to a JDB then they should change their reporting to reflect that (account sold and a balance owed to them of zero).Cool, you're on Let me throw this at ya... while we're on the subject....Suppose they don't change the balance to zero (after it's been sold). Would this be a good case for the 1-2 punch? I think so, but wanted your opinion first. Link to comment Share on other sites More sharing options...
Robert Nashville/Savannah Posted January 22, 2009 Report Share Posted January 22, 2009 Cool, you're on Let me throw this at ya... while we're on the subject....Suppose they don't change the balance to zero (after it's been sold). Would this be a good case for the 1-2 punch? I think so, but wanted your opinion first.It's probably just as likely that they would simply correct the entry and keep reporting as it is that they would remove it. Link to comment Share on other sites More sharing options...
OMGWhatHaveIdone Posted January 22, 2009 Report Share Posted January 22, 2009 Thank you Link to comment Share on other sites More sharing options...
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