Closed Credit Account Statement?

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Seas123
 
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Closed Credit Account Statement?

Postby Seas123 » Wed Dec 30, 2009 2:42 pm

I'm currently disputing an account close date with my former credit card company.

Unfortunately, I lost the letter that said they closed the account in 2003, however, I have a statement from 2004.

This statement shows the balance I owed and lists a "0 credit limit". Additionally, an overlimit fee is listed as "Refunded"

I'm certain this account was closed, but does this statement reflect the same?

Thanks for any thoughts!


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Mogul of Pineapples
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Postby Mogul of Pineapples » Sat Jan 02, 2010 5:52 pm

Which credit card company is this with? Do you have the statement they mailed you or an e-statement that was printed from your computer?
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Cucumber
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Postby Cucumber » Sun Jan 03, 2010 3:02 am

Did you close it at the end of 03??! Because the billing statement might have gone to Jan 04 if you did.

Why are you disputing the close date anyway?
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Seas123
 
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Location: USA

Closed Credit Card Account Statement?

Postby Seas123 » Sun Jan 03, 2010 12:22 pm

Thanks for the replies.

I have the mailed statement from Discover showing availible credit as "0". This account was closed as part of a credit counseling agreement in May of 2003.

I'm disputing the close datea, because Discover Card has choosen to report late payments, until to 2007 when the account was actually paid off. So instead of this dropping off my credit in May, they want to report it until 2014

I believe that since the statement from 2004 shows availible credit as 0 and overlimit fees as refunded, this proves my account was closed.

Not sure if this is the case or not. I'd be interested to hear if anyone has simliar experience.

Thanks

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fffresh
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Postby fffresh » Sat Jan 09, 2010 8:37 pm

I have the mailed statement from Discover showing availible credit as "0". This account was closed as part of a credit counseling agreement in May of 2003.


Closing the account is different than settling the balance. If the amount remained unsettled and unpaid until 2007 then it sounds as if that date is correct.

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Mogul of Pineapples
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Postby Mogul of Pineapples » Mon Jan 11, 2010 8:57 pm

I think fffresh is right, unless there's more to it.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred



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