Quote:
Originally Posted by cstar33  Okay, so I have this on my report:
MACYS FEDERATED DEPARTME #
9111 DUKE BLVD
MASON, OH 45040
(800) 243-6552
Balance: $ 231
Date Updated: 05/2009
High Balance: $ 532
Past Due: > $ 231 <
Pay Status: >Charged off as bad debt<
Account Type: Revolving Account
Responsibility: Individual Account
Date Opened: 12/2001
Date Closed: 02/2009
Loan Type: Revolving Account - Charge Account
Remark: Acct closed by credit grantor
Estimated date that this item will be removed: 01/2016
So, I have been making payments to ING (Island National Group) and the balance is correct. However, shouldn't the Pay Status show as "paid or paying as agreed" ??? Or should I contact Macy's directly to set up a payment with them?
While I'm at it, I have some current credit cards that the High Balance is above the credit limit. I know this looks very bad, but the reason was for late charges because my payments all got lost in the mail (or atleast that's what I have to believe). Is there anyway to get the Credit Card Companies to remove the high balance/change to the credit limit?
Thanks!!! |
There should be no past due,its a closed account and charged off.Remember not all payments get posted on the day its recieved if its received on friday it's not going to get posted to late monday or tuesday.So you might try a goodwill letter,to them.
