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In reviewing my Equifax report, I noticed 4 accounts that have comments saying "Payment is payroll deductible." 3 of the accounts are closed and charged off credit cards. The 4th is open and being paid as agreed with never any lates. It is clearly not an error in reporting by the creditors because it shows like this on each account (with different dates):
04/2016 Payment is payroll deductible
08/2016 Payment is payroll deductible
02/2017 Payment is payroll deductible
I am 100% Positive I have no judgements against me that would enable a credit card debt to be payroll deductible. Is this an effort on behalf of the creditors to further damage my credit by making it appear that an there has been a judgement against me for a particular debt when that has never actually occurred? I've done extensive searching online and haven't found any answer as to why this comment appears.
Long time lurker, now ready to participate! Just paid off 25k of 120k debt. 11k stupid installment loan from penfed, and 14k credit card debt. CC debt utilization down to 62%. No other debt except mortgage. (Just paid off only auto loan) have 5 student loans 5k balance.
I'm hoping to have CC debt paid in under 4 yrs I'm going after highest int rate cards first. Any other wisdom or ideas about how to handle my credit profile ?
Is my utilization too high to start requesting no inquiry CLI's? Thanks
Out of the blue I get a bill for $126.58 from Convergent. It says it is on behalf of Cox. I have no outstanding bill with Cox, am completely paid up with zero balance. I have never received a call or a previous communication from Cox or Convergent. Are they sending little bills to Convergent hoping people will pay them since the amounts are too small for Cox to deal with?