Getting an innacurate credit blemish off my report

peppert1 · Joined: 02 Dec 2005 Posts: 2

I had a Mervyn's card back in 1993. I closed the account in 1994, and it was charged off in 1995. I repaid them completely in 1997. Now it is showing up again as a charge off. There is no payment history on my credit report for the previous 81 month payment history. I have contacted Experion, Equifax and Transunion, and they all VERIFIED it. Isn't the statute of limitations only 7 years??? How do I get it off now? No one at the credit bureaus will help me. I don't owe them any money, and they reported it as a paid charge off, which it was, but that was over 7 years ago. Shouldn't it have dropped off by now? Why would they reage this account if I don't owe anything on it? Help!

The Mortgage-Pro · Site Admin Joined: 19 Jan 2005 Posts: 2248

They are supposed to remove credit items after seven years. This may turn out to be more of a headache for you than it is worth. Negative items on your credit report affect you little when they are so old.

peppert1 · Joined: 02 Dec 2005 Posts: 2

That's the problem. They have added it like it is brand new. I still haven't been able to get them to change it.