Question

[dawnk]

Just wondering if anyone new what this ment:

Changed Accounts

Date reported: 04/2009 Reporting Agency: Equifax
Company: CITIFINANCIAL Account Number: xxxxx
Address: PO Box 499
Hanover, MD 21076-0499 Balance: $0
Telephone: 866-233-6903 Type: Personal Loans Cos.
Company Bureau ID: 243FP26429
Comments:
Rate/Status: Bad debt; placed for collection; skip
Narrative Code 1: CHARGED OFF ACCOUNT
Narrative Code 2 changed to: UNSECURED


This used to have a balence off 3000+. Does this mean they sold it?:eek:

Oh yea and it only flag on my Equifax

[Trish]

More than likely yes.......it's been sold to a CA.

How old is this debt?

[dawnk]

It has about 11 months left in SOL. So if thats the case hopefully they'll take their time.

[Trish]

Well....just be prepared......just in case.
That's the same thing that happened to me on my repo. The OC sold the account like a year before the SOL was up.

It is possible that you may start getting letters from a CA on this. If so.....stay on top of it. DV them as soon as you get your first letter........and keep a good papertrail. ok?

[dawnk]

Makes sense. Thanks!!