Different accounts reporting different ways

Discussion in 'Credit Talk' started by jmranchman, Jul 9, 2008.

  1. jmranchman

    jmranchman Member

    Thanks for all of your insight which has been great and I appreciate all of your input...

    Here is a situation I am currently having. On all 3 credit reports I have a pair of accounts listed in two different ways. They are old accounts that I had no other recourse than to quit paying toward back in 2001. After doing some research, I found that both accounts were with Fleet Bank. I dont ever remember having 2 Fleet Bank cards, but that is beside the point.

    These 2 accounts have slightly different account numbers and different balances. Apparently, they were purchased by 1st Select, then Credigy, then Providian. They are now reporting on all three reports in this fashion. Both accounts show as derogatory accounts with Credigy. Both also are reported in the "accounts in good standing" with Providian. The Providian info shows that it was purchased by another lender, zero balance with the same limit amount as the Credigy info (account numbers are the same as Credigy as well). Im wondering, it looks as if the Providian info would actually be helping my credit but the Credigy info is obviously hurting my credit. Another side not e is that the Providian info says that it will remain on my report until May of 2013. The thing is, I know at least one of these accounts is mine and I quit paying on it back in 2002. How can it say it will still be on there till 2013 (although I may want it to)?

    My question is, what would you kind folks suggest I do? I am currently working on repairing my credit and am kind of stumped on this one. Sorry for the confusing post and thanks for all of your input.
     
  2. NightStar

    NightStar Well-Known Member

    If it is not due to expire until 2013 then it would of defaulted in 2006 not 2001 or 2002 as you thought.

    Can you post a copy of the different tradelines to check for sure?

    Might not be out of the SOL, what state are you from?

    Have they sent you a collection letter? Might send them a request for debt validation. And dispute with the credit reporting agencies, try to get the items deleted.
     
  3. jjgross

    jjgross Well-Known Member

    Wama bought providian,and they play hard ball all they'll do is update,just saying the information is correct
     
  4. Hedwig

    Hedwig Well-Known Member

    If it's reporting as a positive account, it reports for 10 years, not 7. So if it's showing as an account in good standing, it would stay on 10 years from 2003, which would be 2013.
     

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