Here we go again
First Premier Bank has done it again.
Long story short, I had a credit card with FPB. I decided to close the account after 1 year and Ĺ because there ridiculous online payment fees. My account got a bit out of control. I ended up closing the account with a settlement. I hate this credit card company.
Once I settle the account and once the account was closed since March 2006, today is still the day that they are reporting negative information on my credit report such as Key Derogatory** For the month of Feb and Oct of 2007. I have read some posts here on this forum but I am still unclear.
**Key Derogatory = Claim, Term Default, Government Claim, Paid by Dealer, Bankruptcy Chapter 7, 11 or 12 Petitioned, or Discharged and Bankruptcy Chapter 7, 11, or 12 Reaffirmation of Debt Rescinded.
I contacted all 3 credit bureaus to see if I can provide proof of settlement and proof that the account was closed in March of 2006 just so they can have it in their records in the event that First Premier decides to post it again and no luck. They won't accept it.
So what am I supposed to do? Is a back and forth with them. Once I issue a dispute, this negative info is removed and then in the next couple of months is back. This is really frustrating. I understand when you settle an account is not intended to be positive, I did what I had to do the simply get rid of them but this Key Derogatory has nothing to do with the fact that I settle this account or does it?
This company has basically no reasons to feed this negative information and not especially when I no longer have the account with them. Yes I was late with the twice and it was too much for me to handle it. I settled it, the account is closed, why now, they have decided to report something like this? My thing is this, if I closed the account back in March of 2006, do they still have the right to report this after the fact?
Can anyone suggest anything?