Hopefully, someone can help me with my Cap 1 T/L that is reporting to all 3 CRA's. I'm a little confused about the way the T/L reads. So here it is. TU Tradeline Captial one Bank Acct #xxxx >settled-less than full bal< Updated: 2004 opened: 1997 Paid off: 2003 >status as of 2004 : charged of as bad debt Equifax Tradeline Captial one Bank Acctxxxx date opened: 1997 Credit limit: $300.00 Items as of date reported: 2004 Date of last payment: 2000 Date of last activity: 2000 Current Status: Charge off: type of acct: revolving Acct. Sttlement accepted on this account. On Tu it shows being paid off and also being charged off as bad? That one I don't understand. Yes, I settled on these acct's all three Cap 1 acct's. But the T/L are reading different for each CRA. What can I do about this. Would I do a nutcase series with them? Help!
dispute the acct with the CRA first they may delete it or update it to reflect a change. they can't state both charge off bad debt like you owe a balance and yet report paid settlement.
