Hello all, Long time viewer first time poster. By reading this forum I have been able to raise my score over 80points since April. Quick question, I have a Charge Off that is only reporting on one agency. I have since paid off this educational account and received a paid letter from the university. The problem is that it has been many months since I got the letter and the account still does not reflect as being paid. I am hesitant to have the contact the college because I don't want them to report the information to all 3 agency when it only appears on 1. Should I send a letter to the one agency reporting with a copy of the paid letter? If so what kind of letter should be used? Thank you
Here's what I would do: Write a simple dispute letter to the reporting CRA, asking for reinvestigation because the listing is completely inaccurate. I wouldn't even specify what was inaccurate. Let them research it and see if the University even responds to it. If they do, at least it's updated, and if they don't, it should be removed. Good luck.
My concern would be that they update the trade line with years of lates. But maybe that doesn't really matter because it's a charge/off anyway.
