Bank Of America False credit reporting for 6 years, ripoff Greensboro North Carolina
In 1999 I had a bank of america credit card. We were having some financial trouble and the account went into collections. I tried to work out some payment plan with them but the sold my account to an attorney" Eskanos & Adler 2325 Clayton Rd Concord, CA 94520 1-800-364-9919. I paid my account off to this attorney. They sent me a letter in 1999 that the account had been settled.
Every time I went and applied for credit My bank of america account showed up as past due for like $2200.00 on my report. I had the letter from the attorney that said it was settled and that was usually enough to get by on.
Well after tons of calls and transfers and hangups I finally got it removed off my credit in Sept. 2006. The letter from bank of america reads: We have reviewed your request to update the status of your account and will report the above listed account as being settled in a full charge off. I guess that means I never should have paid that attorney. Well at least now after 6 years of ruining my already bad credit bank of america has decided I don't owe them $2200........Any Idea's?????????????????
Clemens
Las Vegas, Nevada
U.S.A.
3 Updates & Rebuttals
Stile
Phoenix,Arizona,
U.S.A.
Actually, this isn't abnormal.
#4Consumer Suggestion
Sun, January 07, 2007
Even when the original creditor sells your account to a collection agency, the original creditor will continue to report the account until 7 years from the date of first (continuous) delinquency, regardless of what settlement arrangements you come to with any subsequent collector. If they've updated the account as "Settled" this is probably the best that's going to happen. It sounds like your 7 years should be up soon, so the only idea I can offer is to be patient.
Stile
Phoenix,Arizona,
U.S.A.
Actually, this isn't abnormal.
#4Consumer Suggestion
Sun, January 07, 2007
Even when the original creditor sells your account to a collection agency, the original creditor will continue to report the account until 7 years from the date of first (continuous) delinquency, regardless of what settlement arrangements you come to with any subsequent collector. If they've updated the account as "Settled" this is probably the best that's going to happen. It sounds like your 7 years should be up soon, so the only idea I can offer is to be patient.
Stile
Phoenix,Arizona,
U.S.A.
Actually, this isn't abnormal.
#4Consumer Suggestion
Sun, January 07, 2007
Even when the original creditor sells your account to a collection agency, the original creditor will continue to report the account until 7 years from the date of first (continuous) delinquency, regardless of what settlement arrangements you come to with any subsequent collector. If they've updated the account as "Settled" this is probably the best that's going to happen. It sounds like your 7 years should be up soon, so the only idea I can offer is to be patient.