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Re: OLD VISA BUSINESS CREDIT CARD APPLICATIONS


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Posted by PIRDRO A MONTEFORTE on August 09, 2001 at 12:43:48:

In Reply to: An old Charge Off with a new date posted by Suzanne on October 17, 2000 at 17:09:37:

: I started a business in the early 90's which went downhill
: from the beginning. During that time I had a line of
: credit for over $5,000 with a local bank which I had
: trouble paying from early on in the business. It's been
: a least 5 or 6 years since I made a payment (maybe longer)
: and longer still since I paid it on time. I recently
: got a credit report from Experian and saw this line of
: credit listed as a Charge Off under Revolving Accounts
: and showing a Date Reported as Aug 1998. This makes it
: look very current on my credit activity instead of
: something from my past. Can the bank do this?




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