I am just fuming at this one. I paid a collection this april and got the CA to delete their stuff but the OC still showing a balance on EXP only. It is throwing my debt/credit ratio in the toilet and I cant get my HELOC I am wanting (EXP FICO =613). Countrywide says I need at least 620 for the loan. I disputed the balance, cause after all the status shows "transfered to another office". How in the Heck can I owe them and the other office at the same time? The FAQs at the EXP website lead me to belive that unless I can prove that I paid this (which I can but will re-age the TL) that the amount stays on even if in collections. If I send them all the info including the transfer to the CA and the negotiated payoff and paid receipt I will get a present of a paid chrge-off showing on my CR that is less than a year old. I think Im stuck with that balance on there.??? Any other ideas?
Oh yea, I forgot to mention that the dispute I did online was done in less than a day and the resuts page on their site says "Remains". Some investigation huh?
When I disputed an item that ending up as "remains" it didn't reage (although it looks like it did) I just reports as "date reported" Did you already dispute with the OC, or just the CRA?? My experience with EX is NOT to try to work with them..they will tell you to work directly with the OC, this is who will have to report the TL as paid or remove it.
