To answer your questions… about previous post…
1) Since I am a boomer sometimes digress to old credit card terminology. Approximately 8 years at a CC association and 8 years @ a CC bank so RR to me means road runner… my current ISP… and not return receipt requested…
Borrowed from my 401K to start my first business (sold 8 years later) during my LAST year in CC.
Besides credit… one of my other addictions was work… in the real world @ 17.
My mind told me I was invincible but many moons later my body screamed NOT which forced me to sell my other 2 businesses.
a) Many personal and 1 business credit card.
b) CBR shows all negative credit card accounts as settled and BK7 OR C/O BK7.
All will fall off at different times in 2008 EXCEPT 1 (changed same time I opened a new CC with same company to start rebuilding payment pattern) changed from 2008 to 2012.
c) Settled @ .20 on the dollar with 4 credit cards.
My CBR rates those settlements as a 5... Don’t go there… it aint pretty…
Live and learn… waste of money as ALL WOULD NOT settle.
d) Filed personal BK7 discharged 12-05.
2) A sold account… my CBRS shows sold to another lender.
Normally referred to in the credit card industry as a portfolio.
GOOD BAD & UGLY accounts packaged together and sold to another credit card bank to improve their bottom line while the new CCB hopes to increase their business size as well as their bottom line with the transaction. Occasionally a corporation will purchase an entire credit card bank as in the instance of Citigroup purchasing Associates National Bank from Ford Motor Company.
3) Now abhor CC’S due to tracking and privacy issues so did not begin rebuilding my credit history until 12-06… 3 is my limit… balances @ about 10% of credit limit on each only to re-establish good payment history pattern. Have some paid mortgages and CC’s in good standing. Fico was 660 B-4 CRO and now average is 651. Learned CRO BAD!
Hopefully answered all questions. I will list ONLY Cap1 CBR history…
1) NO WORRY…2 personal closed Cap1 CC accounts paid off… paid in full… CBR shows paid or paying as agreed on both
2) PROBLEM…1 personal Cap1 CC account… shows C/O in 2002… Included in BK7 2005… fall off date now as 2012? Instead of the previous 2008.
3) PROBLEM…1 business/personal Cap1 account shows C/O in 2002… Included in BK7 2005… shows fall off date 2008.
4) NO WORRY…1 new personal Cap1 account shows … pays as agreed
Have not had good luck with the credit bureaus.
On above Cap1 PROBLEM accounts 2 and 3… QUESTION: Should I try sending a request directly to Cap1 including partial account number from CBR and other pertinent info EXCEPT my SS# for account validation/verification requesting signature, copies of charges etc? Hoping they will not take the time to research and just delete the 2 negative accounts?
