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Isn't this a blatant violation?

Discussion in 'Credit Talk' started by NervousNuB, Dec 12, 2003.

  1. Dec 12, 2003 #1
    NervousNuB

    NervousNuB Well-Known Member

    Hello All! Okay, I know OC's are more difficult to catch in violation, but look at this.


    Account Number: XXXXXXXXXX Rate or Status: 120+ DAYS PAST DUE
    Account Owner: Individual High Credit: $471
    Type of Account : Revolving Terms or Monthly Payment: $0
    Date Opened: 10/1994 Balance: $551
    Date Reported: 11/2003 Past Due: $551
    Date of Last Activity: 12/1997 Months Reviewed: 99
    Comments: Collection Account

    This account is in dispute! They updated today on EQ!
    DOLA is 12/1997, can they report it as 120+ days? They are stating no 30 days past due, 1 60 and 1 90, though yesterday there wasn't even a 60 day past due! Lbrown? GEORGE? VGhost? Anyone? Wouldn't this be considered knowingly reporting false information? Thank you all! NuB
     
  3. Dec 12, 2003 #2
    jlynn

    jlynn Well-Known Member

    Is it a charge off? What is it supposed to be?
     
  4. Dec 12, 2003 #3
    NervousNuB

    NervousNuB Well-Known Member

    Re: Re: Isn't this a blatant violation?


    It's been reporting as a CO on Experian every single month. It's been reporting as 120 days on EQ every single month. I should add that this OC has religiously reported every single month, all these years. I'm wondering if this was just their automatic update, or if the CRA's checked with them at all? Thanks Jlynn! NuB
     
  5. Dec 12, 2003 #4
    jenz

    jenz Well-Known Member

    Re: Re: Isn't this a blatant violation?

    i have a dental bill on one of my clients that for four years has been reporting 120 days late and as an installment loan. they've disputed and the clinic keeps verifying. this too is on equifax. when i called for a rapid redo on score and explained that it is dental bill, not an installment agreement, equifax still refused to fix it citing "the OC reports it this way"........
     
  6. Dec 12, 2003 #5
    NervousNuB

    NervousNuB Well-Known Member

    Re: Re: Re: Isn't this a blatant violation?

    But isn't it illegal to report it this way? Or am I way off base?
     
  7. Dec 12, 2003 #6
    jenz

    jenz Well-Known Member

    Re: Re: Re: Isn't this a blatant violation?

    i posted the same question on the medical sol thread because i simply don't know. medical crap is one area i don't know. my question on the other thread was if it is a UCC (goods or services) or written contract (in regards to SOL). if i can figure that out, i can figure out the rest.

    i believe if it is a collection, it must be reported as such, and an old collection is not as bad as currently past due 120 days.
     

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