The 6 year timeline...

[JVR]

Question....I have an item on my cr with TransUnion, that says that AmEx has "updated" my report with notice that I'm behind.

 

I do not have an AmEx card now - I did have and it was canx back in 2007....and yes, the debt was unpaid so it shows as an R9....

 

But since then I've not made any payments on that card, there is NO contact on my behalf with AmEx...nor have they ever bothered

to contact me either after the first few months I couldn't pay same....

 

So, how can they then just report out of the blue that on 1/23/2012 I did not make a payment on same....

 

I guess another way of putting this is - can a creditor update a persons cr anytime with anything? And how would someone go

about getting it 'removed' too?

 

?

 

J

Edited February 7, 2012 by JVR

[Nyd]

Question....I have an item on my cr with TransUnion, that says that AmEx has "updated" my report with notice that I'm behind.

 

I do not have an AmEx card now - I did have and it was canx back in 2007....and yes, the debt was unpaid so it shows as an R9....

 

But since then I've not made any payments on that card, there is NO contact on my behalf with AmEx...nor have they ever bothered

to contact me either after the first few months I couldn't pay same....

 

So, how can they then just report out of the blue that on 1/23/2012 I did not make a payment on same....

 

I guess another way of putting this is - can a creditor update a persons cr anytime with anything? And how would someone go

about getting it 'removed' too?

 

?

 

J

 

 

 

You're creditors will keep reporting on the account for 6 or 7 years, then it becomes stats barred and falls off your credit report, or it should. The 6 or 7 years is based on the Date of First delinquency, not date of last activity.

[breeze]

Yes, legally, they can update it. It's harder to deal with this when it is the OC reporting. Is there anything else wrong with the way they report the account? Have you considered using their OASIS program to rehab the account?