I sent proof that this was paid and it is still reporting as a charge-off

Posted Fri September 30, 2011 12:00 pm, by Charlenia O. written to First Premier Bank

Write a Letter to this Company

I called First Premier Bank about two weeks ago and spoke to a representative about the reporting on my credit report from First Premier showing that my account was charged off and sold to Arrow Financial. I told that representative I have a letter from Arrow Financial stating that I had paid my account and they are no longer reporting it negative. The representative said if I faxed over that letter, that First Premier would update my account from charge-off to paid. After I faxed the letter, about a week letter I get a letter from First Premier telling me that I need to deal with Arrow Financial because they no longer have anything to do with this account. Why would the representative tell me that if I show the letter from Arrow Financial that it is paid, then First Premier will update my credit report as being paid rather than a charge-off?

I would like to have my account updated to paid instead of charge-off with the lates removed from my credit reporting.

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I sent proof that this was paid and it is still reporting as a charge-off by almond Posted Sat October 1, 2011 @ 5:35 PM If it's changed from charge off to paid on your credit report, the negative mark will still remain on your credit report for several years. Reply I sent proof that this was paid and it is still reporting as a charge-off by RedheadwGlasses Posted Fri September 30, 2011 @ 1:21 PM FPB doesn't care that you paid Arrow, becuase FPB lost money on you when they sold your debt for a fraction of what you owed. I don't see how or why FPB has any incentive to change the reporting to the credit bureaus. Reply I sent proof that this was paid and it is still reporting as a charge-off by Lisa H. Posted Fri September 30, 2011 @ 12:59 PM You might want to look into filing a challenge with the credit reporting companies. I'm not sure how to do that, but I know you can dispute items. Reply how to do that by Bill R. Fri September 30, 2011 @ 2:34 PM The Wise Red Head by KenPC Fri September 30, 2011 @ 4:39 PM Somehow I missed that by Lisa H. Fri September 30, 2011 @ 8:14 PM