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  1. #1
    Join Date
    Oct 2006
    Posts
    1

    Question Account Sold and Purchased by Another Lender

    Hi,
    I have one discover account that has been sold to another lender but still show in my CR as Sold/Charged Off by providian. so when i was looking into my CR i found two records of the same account, one it says sold account and the other says collection account. how can I clear the first one (since it was already sold to another collection)? after paying off this account or settling it down, would it be cleared from my CR completly if i request that or i have to take another course of action to erase all the related records from my CR?
    Thanks for any help

  2. #2
    Join Date
    Mar 2005
    Location
    Florida
    Posts
    435

    Default Re: Account Sold and Purchased by Another Lender

    as long as they owned the account and are reporting it as sold, it's legal.

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