I have an account past the 7 year statute of limitations. I have disputed with 3 of the credit bureaus, still remains on 1 of them. What should I do?
I have a disputed debit account w/ Alliant CU. It was once a credit card past due acct. back in 2001. However, in 2005 they changed it to an installment account with the same amount past due. This now extends my 7 year from 2001 to 2005. I did not open any installment account at all. 1 out of the 3 credit bureaus is still reporting the negative account. I have disputed with Transunion the only company showing the debt. The account shows opening in 2001 but will remain with the 2005 installment acct. I have told them I do not have an installment acct. What should I do?
What you need to do is to contact the creditor and have them notify TransUnion of the error. It may well involve contacting and re-contacting the creditor. It's frustrating I know - you have done nothing wrong; however this is just how it works.
As a practical matter, every several months or so you can dispute this account status with TransUnion. Once in a while an incorrect notation will be removed from a report by doing this; there's no rhyme or reason at to when, if, or why, but it may be removed even without the creditor asking them to.
Best of luck.