My father ruined my credit

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3 posts
VashX
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Location: United States

My father ruined my credit

Postby VashX » Thu Jun 14, 2012 11:25 pm

Hi everyone,

I am not new here, but newly registered. I been on here awhile now trying to fix up my credit score.

To make a long story short, my father used my info to open up a credit line with Chase in 2008. The card is now charged off due to too many late payments. The worst is Late 60. I now have set up an online account to monitor the card to make sure no more late payments are made.

The credit limit on the card was $5,500 and the balance is at $2,600.

The latest delinquency was in October (late 30) and November (late 60) 2011. After that, all is OK on the chart. So I am about 0.7 years away from the latest delinquency on my credit report.

I guess I made a bad move, but was hoping I might have a chance to dispute the lates. I submitted an online dispute with Experian on the charges, just simply stating I was unaware of the missed payments, no phone calls or any notification made to me that it was late so I could resolve it.

The report came back yesterday, and all I see on the report is that is was "updated" and it shows CLS, but the card was already closed.

So I checked my credit report to make sure it didn't affect the score, which it did not.

But now on the time since delinquency, it went from 0.7 to 0.1.

I guess I made a bad move on my part, should have posted up on here before doing what I did.

Just want to know if anyone could explain what would cause it to go from 0.7 to 0.1 and if there is any way to reverse that.

Thank you for your time!
Cards: AMEX Zync, BofA Rewards, Capital One Platinum


LKGG18
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Location: Alaska

Postby LKGG18 » Sun Jun 17, 2012 3:50 am

There is no possible way unless you file a police report. Your father opened a credit line out of your name which is considered fraud. When you file a police report, the officer will ask you questions about when your father opened the accounts. You need to remember this though is if its worth reporting your father for fraud or not. Just to let you know his offense is an automatic felony since identity theft goes by the regular theft degrees. (Over 500 dollars of fraud is considered Class D-C Felony depending on state).

You need to file the police report and report your father for his wrong doing no matter how much you love him. He needs to understand he did something very wrong about stealing your Identity.

VashX
Green Member
Green Member
 
Posts: 7
Joined: Thu Jun 14, 2012 10:59 pm
Location: United States

Postby VashX » Sun Jun 17, 2012 9:29 pm

No no, I know my dad used my info I was OK with it at the time, I didn't know he would miss payments really. The only reason he misses payments is he is old school and can't use a computer. If he doesn't get the bill in the mail, he doesn't pay it, and he buys and sells businesses so address changes a lot for him.

I have all the statements come to me directly now and hand it to him to take care of. I also set up online account to with auto payment in case he doesn't do it so I don't have anymore lates.

The only questions I really have is what caused my "time since last delinquency" to go from 0.7 to 0.1 when I tried to dispute the recent late 30/60 charges.

Thanks.
Cards: AMEX Zync, BofA Rewards, Capital One Platinum



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