Latest Posts
Home > Ask The Get Out of Debt Experts > I Had a Walmart Credit Card I Forgot to Pay. It Hurt My Credit. – Estee

I Had a Walmart Credit Card I Forgot to Pay. It Hurt My Credit. – Estee

“Dear Steve,

I have a bizarrely stupid question. I moved around a few times when I was in college, and I had (among other cards) a WalMart credit card with no balance. I never used it after I moved (I don’t live near a WalMart), and I just forgot about it. After one move, I even forgot to change the address on the card.

In Nov. 2006 I was at WalMart and, thinking that the card was a gift card I had recently received (they looked very similar), used the card to pay for my $20 purchase.

In August 2007, after checking my credit report, I found that the debt had been charged off and my credit had tanked! I got on the phone with the cardholders and paid it (now totaling $26) immediately. Now it’s listed on my credit report as a charge off but shows that the amount has been paid.

I know that it was my responsibility to change my address, but the punishment really seems to outweigh the crime in this case. I have otherwise perfect credit. I’ve never paid a bill late, and I keep my balances really low. My credit score is slowly climbing, but I would of course like for it to be higher.

All of this took place in California. I’m in my early 30’s, if that helps.

Is there anything I can do to get this off of my credit report?

Thanks so so much!

Estee”

The Answer

Dear Estee,

It’s so old now that it should fall off your credit report this year anyway.

But it sounds to me that your credit score issue isn’t so much that old negative item but that you may not have new good credit items reporting to the credit bureaus.

It’s easy to build good credit. Read How to Easily Rebuild Your Credit and Have Good Credit Again.

I’d also suggest that rather than guess at what has been holding your credit score back that you check your free credit score with CreditKarma.com and use their credit score calculator to see what is really going on.

Please post your responses and follow-up messages to me on this in the comments section below.

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.