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CA shows as closed account but still owe?


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Posted by Enigma (204.177.186.1) on April 23, 2002 at 17:01:09:

Hello,

I disputed an account with the credit bureau and it now shows on my report "closed by consumer" but it still shows a balance owed with a rating of "O5". Any ideas on what this means? Do I still owe anything? I've been told by a friend that this may simply mean that the CA did not have time to verify the debt but will change the notation once they find all their paper work.


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