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Old 05-17-2004, 05:59 PM
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Join Date: Jan 2003
Location: Pennsylvania
Posts: 688

BankOne Ownership


What is the name of your state?Pennsylvania

Tank36 wrote :

Can someone help me about a question I have about Bank One? I had a credit card with First USA Bank, not Bank one, and I have disputed it on my credit report as not mine. Bank one has sent me 2 forms back. One is a Affiidavit of Fact-Farudulent Credit Application, the other is Affidavit of Acceptance of Liability. I am hesitant to send the one back of Fraudulent Credit Application because it is really mine, but I do not want to send one back accepting liability. What can happen if I send the one back and say it is fraudulent? Please advise on what to do about this."

My response: After reading the responses by so many well meaning and versed advisors on another thread a piece was missing. The ownership is what needed clarified on this matter: BANK ONE owns First USA, a financial services company . So this gentleman simply needed reminded that although the original card may have been issued thru FirstUSa, once the company is bought out it can be reported under either entities (if BankOne retained the FirstUSa logo,trademark,financial goods, debts etc etc etc.). As to the rest of his statement I refrain silently.

-Tayla
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