Good question... I dunno what is the answer to your question. I'll do some research in Google and get back to you if I bump into an good answer. You should email the people at Discover Card as they probably could assist you..

Banks do what is in the Banks favor and that's making money.......yes they saved you some minor embarrassment but make no mistake about it the Banks cares only about the money. You were over your credit line and they charged you for that but paid it then reported the negative transaction to the bureaus.

Are the Banks scumbags for doing this?........Maybe. Are you to blame totally for this blunder?.......Absolutely. So who should you really be mad at.........I'm just saying.

Watch everything...there is no room for errors..

This post has been edited by.

800FICO1.

: 11 January 2010 - 10:46 AM..

800Fico1 and Centex,.

First, thanks for replying. This is an incredibly fast moving thread, so I'm grateful for being noticed.

Second, I'm not blowing gasket. True, I am pissed that after charging me ****loads of fees, they chose to report that lame, minuscule screwup to the CBs, but I do realize it was a blunder on my part, so please don't think I'm not blaming myself for that..

However, I've had lines of credit with other major banks, such as Chase and City, and it's quite possible I might've overdrawn with them as well, NEVER having been reported to the Credit Bureau. That they've never missed a chance to charge me their fees, that's true, but to reportnever happened. So I might be naive here, but I don't think it's a standard MO for every bank, is it?.

Having said that, yes, absolutely it is mostly my fault that I allowed that to happen, but I also know that beating oneself up too hard becomes at some point counter-productive. So, let me try and pick up your brain as to what to do next..

The thing is: the report they filed with Experian states exactly the following:.

Account Status: BANK CARD / Discover card OVER CREDIT LIMIT.

Technically speaking, I don't even think I've ever had a debit (let alone credit) card with them, or even if I did I have never activated it. What I do have is an overdraft line of credit. Do you think I might win it on a "technicality".

My second question is if I should begin dispute with the CB or the Bank, especially considering they only filed with Experian..

Third question is on what level can they actually remove the neg. My branch bankers are a reasonably nice bunch of people. When I went to the bank to repay my line of credit, I ask one out of curiosity what he thought about the situation, and he said to see the manager (absent today), and she would definitely (!) take care of it. My guess is he probably doesn't know what he's talking about, but can it be true that they can remove stuff on the branch level?.

Thanks again for any advice...

NEVER SEEN.

"OVER CREDIT LIMIT".

REPORTED.

Any fee for being over credit limit is.

100% pure profit.

Maybe that is part of the.

"NEW LAWS".

(that will help consumers).

This post has been edited by.

GEORGE.

: 11 January 2010 - 02:47 PM..

I would imagine when you pay the LOC down to below the limit, the negative notation will be removed. I went over my Citi card's limit once (Interest fees, but didn't get charged an OTL fee), and had it report. Same thing happened, and the following month when I paid the account off, the notation was removed..

I wouldn't do anything until a new (under the limit) balance is reported, and see what happens then...

Because of.

REALLOCATION.

And.

CLD's.

I have more than a dozen accounts that "LOOK LIKE" they are (or were) over limit..

Yup, I have a $500 card with a High Balance of like $5000..

I must have gone way over my limit...