One of my friends who I am trying to assist with credit repair has a listing on one of her reports for a NextCard account. It was opened in June 2001, had a high limit of $6500 and had a high balance of slightly over $8000. (Fees + interest.) During her divorce, her husband received responsibility for this card, which now reads "closed by consumer" on her reports. He paid this debt in an extremely untimely fashion, earning my friend tons of lates on this card. Equifax reports 30, 60, 60, 60, 90, then 120 and 120 days late in 7 consecutive months, followed by OK. This ran from 10/2001 to 05/2002. Experian reports 30, 60, 60, 60, 90, 90, 120, 120 days in 8 consecutive months, now showing as OK. This ran from 09/2001 to 04/2002. TranUnion has no records of this card. This is the only late pay on her otherwise good credit report for ANY revolving account. Her husband managed to negotiate a settlement wherein he paid them $4500 to have the account declared "Paid in full". She attempted a goodwill removal of this account over the phone, but was unable to get them to budge. How would you reccomend she handle this trade line?
Oh, we know this much. But the payments became his legal responsibility. What we're trying to do is figure out whether to dispute the card, etc.
NEXTCARD IS DEAD, DISPUTE "PAID/NEVER LATE" NEXT CARD CAN'T RESPOND...one of two things will happen...paid/never late, or they will remove the total account from the credit report(s)...(I can't see it staying as is).
I sure wish was Providian "DEAD." They keep verifying a 1997 chargeoff on EXP, at least that is what EXP says.
