I have an account that is listed twice on my report. One listing says "settlement accepted on this account. Account closed by credit grantor." On the other listing it says "Settlement accepted on this account. Charged off account." Can I get them to remove the "Charged Off Account" note or will that even help me any?
Was the account actually charged-off at some point? Are both account numbers listed the same? As far as getting the "charged-off account" note off your report goes, it really won't help your scores, because both accounts appear to be "potentially negative" accounts. What you want is for the duplicate account to disappear. Actually, what you really want is for both to disappear, because a "settlement" notation is not positive. You could dispute the account with the charge-off remark as "duplicate". Also, if the account really never was in charge-off status, you could contact the company advising them they are reporting duplicate accounts, both with incorrect information and see what they do from there. In your letter you could also request deletion of both accounts.
Sorry, I lost this post! LOL In any case, the answer is yes. The account is listed twice with the same account number on EQ. I have some of my old credit reports (EQ & EX) to compare and this account was only listed once in August of 2001 and it was listed as "settlement accepted, account closed." This was on the EQ report. Now fast forward to this year, and my recent report from EQ has this account listed still as it was from last year, PLUS an additional listing under a different CRA's name, but with the same balance, same account number. I don't even know for sure when the second listing appeared on my report. What is the best way to go about getting this removed from my report? I believe that this was reported months after I made the settlement. Can they do this? Reporting twice I mean. It doesn't seem correct. Especially to appear out of the blue like it did.
Well, as an update, I pulled my TU as well, and man is it screwed up worse than the other two! In any case, I have four disputes going through them now. One is an account that I paid that was listed twice. The second listing came after I paid it! The second is actually the duplicate listing I started the thread about, and the kicker on these two is I don't believe they are mine anyway. They have an account opened date in one year, but state they have been reported to the CRA since the year before it was opened. The last one is another duplicate of an account. Is it common to see so many duplicates? I am shocked. And the funniest part about it is that the account numbers, date opened, date closed, and balances are exactly the same. Does it take a rocket scientist to see that these are dups?
You'll almost never have a positive tradeline "duplicate" itself, yet negative lines can and will do it from time to time. As far as how common it is, I'm not sure. I know a handful of members have had that happen to them. It shouldn't be hard getting rid of the duplicate. They're both paid (but negative) accounts correct? If so, it wouldn't matter which account the CRA deletes just as long as it's one. I have read about several folks who had duplicate accounts reporting, one being posiitive, the other being negative, disputing the negative account, and the brain surgeons at TU delete the positive account. I guess poor TU just can't stand seeing a consumer with good credit. Here's TU's "plan of action": Consumers with lower scores need to "shop around" more when attempting to obtain credit. Each time a creditor pulls your report, TU gets paid. So... TU tries its hardest to keep your score low, so you have to "shop around" more, endure the hit of more and more inq's, TU gets more and more money, and finally, TU gets to use all that money they made by keeping your score low to upgrade from their dot-matrix printers they use to print our reports.
I have this on happening with two acct's on Equifax. One of the duplicates list an acct as included in bk,with prior payng history showing as ccc and chg off. DOL is 11/95 The same acct but different listing shows BK, chg off DOL is 4/1996. Would disputing one over the other have any advantage? I am thinking the one with the later DOL since the other would fall off 11/02 this year. The other duplicate has one positive tradeline and one negative tradline. Obviously I don't want the positive one removed especially since this is for my mortgage. I tried to dispute this online but duplicate accts is not an option. Hockeymom
