Max
Lowell,#2Consumer Suggestion
Mon, April 21, 2003
Hey Murray, notice that my suggestion was sprinkled with "I assume"'s & "seems like"'s. What is TRUE is that if you dispute a claim & the company who posted it can not PROVE to the credit agency that such a claim exists than your credit report must be restored. Trust me, I have been there. Sometimes, when companies merge or file ch 11 or undergo any type of financial reorg, they lose paperwork that has either already been reported to a collection agency or is considered an overdue debt. Hence the prose "it is worth a try". In the future, it might be worth a try for you to TRY READING the post.
Murray
Albany,#3UPDATE EX-employee responds
Fri, April 18, 2003
First of all to max, i dont know where you get your information but fcnb is not going under. Spiegal group filed for chapter 11 bankruptcy to help rebuild them. They didnt have to funds to give people credit so fcnb had to close all of our accounts. But regards if the account is closed or fcnb is "gone under" which isnt true a bad debt is still vaild and account agreement is still vaild. and we can report to the credit report all we want.
Max
Lowell,#4Consumer Suggestion
Wed, April 16, 2003
I believe that following is the case now: 1. Retail stores like Speigel & Eddie Bauer are no longer affiliated with FCNB. 2. FCNB is no longer accepting applications & I am assuming are either going under or are no longer acting as a credit medium. They have also stopped current people from using their FCNB cards. Either way, the contract with you as far as credit is null & void. I do not believe that a company can keep bad credit on your credit report if they are no longer an entity. Moreover, if the company can not prove that you (or the fraudulent you) has an account with them, they definitely can not keep a bad credit report listed on you. A lot of times, when companies disassociate themselves with other companies (as with Speigel), your files are lost or detroyed. If you write to the credit agency that has you listed, tell them this. They will research the validity of the claim. It is certainly worth a try.