on the summary page of my CR it shows good accts open 4 for example but the same acct is listed 2 x and is showing open as 2 seperate accts example XYZ open date 2/04 balance $$$ payment history etc. XYZ open date 2/04 balance $0 card reported lost or stolen shouldn't the 2nd acct be deleted as it is now closed?
Re: CR same acct listed mulitple ti Some companies will delete a "LOST/STOLEN" account, others will leave the L/S account there as being closed. The CRA has unlimited disgression in listing 100% positive tradelines, since the FCRA only places restrictions on the reporting timelines for adverse information. If there is an important reason for wanting to get rid of the 'closed' account, you could try to see if the DF would delete the tradeline as a gesture of goodwill, but is the L/S account hurting your report in any way? The first rule, if its a positive account don't dispute it... ;-)
Re: CR same acct listed mulitple ti Hi Jam the problem is the acct is NOT showing closed. for example XYZ credit card opened 1/03 credit limit 1K balance history for all the months never late current balance 250.00 reported as lost or stolen XYZ credit card opened 1/03 credit limit 1K balance history never late current balance 250.00 the summary page on the CR shows 5 good accts however this one acct is being counted as two as if I have two lines of credit with the same company I believe it is lowering my fico but do not know for sure if this is the reason. I have asked the DF to remove the first acct but they said it is accurate and will remain any suggestions? thx 4 the help
Re: CR same acct listed mulitple ti Hey, I have the same problem. A paid collection account listed twice- once from the original creditor and once from the collection place. Has been counted against me twice. I am attempting to dispute it, but it didn't help before.
Re: CR same acct listed mulitple ti christy: The OC & CA accounts are both valid unless they are otherwise in error. You did have an account with the OC, and you did have an account with the CA... It could even be worse if the CA would have sued and won, you would have a third listing for the judgement to the CA. Unfortunately, removal of any of the accounts is dependant upon their goodwill.
Re: CR same acct listed mulitple ti fun: Not sure if the L/S card would be counted into the FICO or not. I remember seeing that in at least some scoring systems accounts labeled as L/S are removed from the scoring calculations. As long as the tradeline is positive, it shouldn't be hurting your score. The account is at 25% utilization, and that may be the only variable factor.
