Tuesday, September 21, 2010

How do I fix credit report when the credit card company is no longer in business?

I am in the process of trying to buy a home and recently reviewed my credit report. I noticed that one account was still reported as opened with a balance.



About 4 years ago, I had a credit card account with Conseco Greentree Financial services. The balance was sold off to another company when Conseco went bankrupt. I've since paid off the balance. I called the company that serviced the loan and they said there's nothing they can do since they don't appear anywhere on my credit report.



How cn I get this fixed? I can get Conseco to fix this since they are no longer in existence! HELP!!