     rcb | Tuesday, December 14, 1999 - 03:04 am 
DISCLAIMER: I can only speak for Michigan residents, but I know that Progressive has some of the HIGHEST premiums for automobile insurance. What state are you in? Shop around.
There's no "B1" rating as part of any credit industry standard. A "B1" is probably (DISCLAIMER: I don't know, this is a guess) Progressive's own internal code.
Did you speak to them personally, or is the info you provided coming from a written document from Progressive? I would contact them, speak with a supervisor and ask them to explain each of the four items.
(1) Sounds fishy. Send them documentation or, if it's recent, tell them to check your bureau report (but tell them NOT to pull another one).
(2) Too many trades? Says who? Regardless, if they persist, you'll have to wait 30-90 days for those trade lines to be updated. Some creditors only report every 3 months or so (even though they report the individual month-by-month activity). It took three credit card companies almost 65 days to update my account information for cards that I had closed.
(3) What a crock! What do they expect you to do, never apply for a credit card or loan, otherwise your rates will go up? Craaaaaa-zy.
(4) Makes no sense. If you have only one, then you have only one. Make sure the older one has the correct status (PAID AS AGREED/CLOSED).
Have you SEEN your credit reports (all three of them)? Maybe there is some trade lines, inquiries or other accounts listed that are not yours? |
