marketplace bank destroyed credit

Discussion in 'Credit Talk' started by Harpsong, Apr 5, 2003.

  1. Harpsong

    Harpsong Well-Known Member

    I just got an equifax alert. My equifax score has been hovering around 700. Until now.
    I had a checking account with marketplace bank and also a line of credit. When they went out of business in the US. I paid in full my line of credit and they sent me a check for the balance of my checking account. This was in January. Apparently they didn't credit my account until the 1st of the month and charged me 2 cents interest. I recieved a letter from them last month...March...and sent them a check for 2 cents. They cashed it.
    Well, now on my equifax, it says I am in collections, with a balance of 0. and my score is now 590!
    Help...any suggestions appreciated!
    Now I'm waiting for my credit card companies to have a blast raising my rates because of this.
     
  2. pnwman

    pnwman Well-Known Member

    Wow! What a golden oppurtunity! Apply for a mortgage or other BIG loan and get turned down. Then sue for damages!
     
  3. lbrown59

    lbrown59 Well-Known Member

    Beware that Chase will use information gathered in their lengthy, detailed, two-tiered, online card management application process elsewhere.
    Woeful
    ============
    Beware that Chase will use information AGAINST YOU gathered in their lengthy, detailed, two-tiered, online card management application process elsewhere.
    The END ************************* LB 59
     
  4. lbrown59

    lbrown59 Well-Known Member

    Now I'm waiting for my credit card companies to have a blast raising my rates because of this.
    Harpsong
    ======================
    This is how the TWIN con games of FICO and Credit Reporting Operate.



    The END ************************* LB 59
     

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