First National Bank Of Marin
Did not report Proper Credit of Settlement on Credit Report Ripoff

I admit I was young and dumb when I opened my account w / FNBM. Lets just say I failed to keep up on my end of the bargain when it came to closing the account. I had a final payment of thirty some odd dollars to close the account. I sent in the money order a couple days late and low and behold I an outrageous late fee had been added to my account. I figured, hey it was my fault. So I continued another "final payment" to close this account. Again it happened.

After a couple months of trying to close an account w / unexplainable intrest and late fees, I got frustrated and just stopped! I had no idea how the world of credit worked like most teenagers. Then I started getting the collector calls for an acct that had sprung up to $804.00 that was originally $30.00.

Almost a year later, I started working in the client communication center for a collection agency. I began to learn how it all worked. I was advised by one of our legal specialist, that I was better off settling the account. So I called the original creditor (fnbm) to offer a settlement of $403.00 to clear my credit report. The representative I spoke w / told me that my settlement would be reported to the 3 major credit bureaus as paid within 30 days. I paid them in one lump sum by cashier's check and 2 months later my account has yet to be reported as "paid".

Company: First National Bank Of Marin
Country: USA
State: Nevada
City: Las Vegas
Address: PO BOX 80015, Los Angeles, California 90080
Phone: 8778253242

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