Jump to content

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.

Sign in to follow this  

“Paid” merrick charge off reporting late and causing a 65 point drop? Help!

Recommended Posts

My score was doing great, going up, mid-600s. Got a notice today my score dropped 63 points. Checked EVERYTHING to make sure I didn’t miss a payment, nope. Experian is reporting merrick charge off reported a more than 60 days late.  It’s been charged off for months and has a “paid” status. What can I do??? 

Share this post

Link to post
Share on other sites

What do you mean by "has a 'paid' status"?  Was your balance actually paid in full? 


What is the source of the reporting?  If a tri-merge or other third-party report not directly on paper from the four major bureaus, then ANY data should be considered as being for entertainment purposes ONLY.  Third-party reports should NEVER be used as a basis for any sort of action OTHER than seeing that SOMETHING has changed. 


If the account was correctly charged off, then you appear to have been potentially wrapped up in what can best be described as a reporting glitch related to some internal restructuring by Merrick.  Many delinquent accounts were not updated for a substantial period of time.  Somewhere around a year or so ago, they began to 'fix' the glitch to restore the monthly updates. 

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Members
    • Most Online

    Newest Member

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
  • Create New...

Important Information