Credit card late payments that were errors and charged off are now showing up as bad credit.

Real Live Human Being
to Bo Majors / show details / Feb 22 (7 days ago)
Hello,

Sorry to bother you... but you seemed to be the most knowledgable person on this matter

I had 5 months of nonpayment on my credit card (balance of $300).

For the last 3 months I did not receive a statement, due to a system error. I later got a letter from the credit card company apologizing for the system error.

Then they resent a copy of the 3 statements that had not been mailed out. Lets say months 3, 4, and 5. The statement for month 5 had a notice that if I did not make payment within 30 days after due date, that my account would be bad credit or charged-off and reported to the credit bureaus.

I'm contesting the charge off, because I was not notified of the action that would be taken... what are my options? I am willing to pay the entire $300, but want to change what is being reported to the credit bureaus.

Real Person
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Bo Majors
to Live Human Being / show details / Feb 22 (7 days ago)
I hope you saved the letters stating system errors or its your word against theirs and they win those battles. I would negotiate with the lender and pay any fees that can be removed for. 300 is in the don't even consider NOT PAYING that one off. No matter what pay it off, but try to get relief. As you said it was their error
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