I was just wondering if the OC's are required to list an amount in the 'Credit Limit' section? or is $0 sufficient?
Aloha jjulez - aarrffff! I know that Cap One chooses not to publish limits - it is a way of keeping excellent customers and target offering those INTERNAL Cap One customers for better offers thru their subs. The way to do it is charge to the limit, wait for the bill, then pay it back to zero. You get it reported that way. Where you at in Hawaii?? It is one of my favorite places on the planet. I am in San Francisco... aarrfff - dogman
____________________________________________________________________________ FCRA § 623. Responsibilities of furnishers of information to consumer reporting agencies [15 U.S.C. § 1681s-2] (a) Duty of furnishers of information to provide accurate information. (1) Prohibition. (A) Reporting information with actual knowledge of errors. A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or consciously avoids knowing that the information is inaccurate. (B) Reporting information after notice and confirmation of errors. A person shall not furnish information relating to a consumer to any consumer reporting agency if _____________________________________________________________________________ A $0 credit limit is not accurate. -Peace, Dave
Mahalo dogman! And yes, I am in Hawaii Mahalo Dave! So I should dispute 'inaccurate info' with the OC first and then dispute with the CRA's?
Be careful about disputing the CL, as the CRAs may delete the entire account instead of adding the CL as you requested.
You do not need to get your cap1 statement to CLOSE at the level you want it reported at--just needs to REACH that level. See http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=235109#post235109
