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Frequent Contributor
Posts: 351
Registered: ‎04-21-2012
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Corrections to my credit report

I've noticed quite a while ago that TU has a few errors on the CR.  Not credit errors, but spelling errors in my previous employer, addresses, job title, etc.  Do you think it is worth while asking them to make the changes/corrections or will there be any negative reactions like a decrease score by doing this?  For some reason they keep records of my credit history and employment record longer than 6 years (back to 1989!) including accounts that have been dead long ago.

AMEX_PlatinumBMOWorldMCCapOnePlatinumMBNA_Platinum+ScotiaMomentum
____25k________25k________20k________31k________25k___
Starting Score: 732 October 2007; Current Score: 800 EQ; TU 826, November 2016; Goal Score: 810 by end of 2016
Oldest Reporting Account: 14.8 years; EQ AAoA: 6.7 years; typical credit utilization 1.6% typical single card utilization 9.8%
Super Contributor
Posts: 9,668
Registered: ‎01-28-2010
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Re: Corrections to my credit report

[ Edited ]

Roarmeister wrote:

I've noticed quite a while ago that TU has a few errors on the CR.  Not credit errors, but spelling errors in my previous employer, addresses, job title, etc.  Do you think it is worth while asking them to make the changes/corrections or will there be any negative reactions like a decrease score by doing this?  For some reason they keep records of my credit history and employment record longer than 6 years (back to 1989!) including accounts that have been dead long ago.



I wouldn't bother making the changes, I don't have current employer information on all my reports and I've never been questioned about it.   FICO scoring does not take employment or salary information into consideration, so it will not affect your scores either way.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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Epic Contributor
Posts: 27,057
Registered: ‎03-19-2007
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Re: Corrections to my credit report

Employers and job titles, probably not.

Addresses, probably so.  Current and prior addresses are one of the fall-back matching criteria used to ensure that reported information is properly matched to the correct consumer file.  While SSN and full name are the most important, if any reporting contains errors in those numbers, address could become a factor.

Regular Contributor
Posts: 212
Registered: ‎06-20-2009
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Re: Corrections to my credit report


RobertEG wrote:

Employers and job titles, probably not.

Addresses, probably so.  Current and prior addresses are one of the fall-back matching criteria used to ensure that reported information is properly matched to the correct consumer file.  While SSN and full name are the most important, if any reporting contains errors in those numbers, address could become a factor.


Interesting point.  Now I'm wondering how accurate this info has to be.  I notice that TU consistently omits the NE (northeast) quadrant designation from my addresses.  I never worried about this before, but if the matching is done by a computer, perhaps this could make it fail.

 

Also, is there any harm if an address appears where I haven't lived for 18 years?

 

Thanks.

 


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Super Contributor
Posts: 9,668
Registered: ‎01-28-2010
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Re: Corrections to my credit report


Duke-of-Earl wrote:

RobertEG wrote:

Employers and job titles, probably not.

Addresses, probably so.  Current and prior addresses are one of the fall-back matching criteria used to ensure that reported information is properly matched to the correct consumer file.  While SSN and full name are the most important, if any reporting contains errors in those numbers, address could become a factor.


Interesting point.  Now I'm wondering how accurate this info has to be.  I notice that TU consistently omits the NE (northeast) quadrant designation from my addresses.  I never worried about this before, but if the matching is done by a computer, perhaps this could make it fail.

 

Also, is there any harm if an address appears where I haven't lived for 18 years?

 

Thanks.

 


Is this address showing as current ?   Or just one of your address in your history.....?

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Regular Contributor
Posts: 212
Registered: ‎06-20-2009
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Re: Corrections to my credit report

It's just one of two "previous addresses".  But the EQ report (bought via FICO) includes a "Reported on" date of Mar 2011.  I lived there in 1992-94.


Starting Score: EQ 804 - (April 2009)
Upgraded thanks to FICO Forums: EQ 813 / EX 842 / TU 823 - (FICO scores from mortgage lenders, June 2010)
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Super Contributor
Posts: 9,668
Registered: ‎01-28-2010
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Re: Corrections to my credit report


Duke-of-Earl wrote:

It's just one of two "previous addresses".  But the EQ report (bought via FICO) includes a "Reported on" date of Mar 2011.  I lived there in 1992-94.


I wouldn't worry about it, as long as it isn't showing as your current address.
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Established Contributor
Posts: 1,002
Registered: ‎12-06-2011
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Re: Corrections to my credit report

If it was 'reported on March 2011' perhaps it's because one of your accounts still reports that address. Did you apply to any new credit with that address when you used to live there?

For example: in my case, I lived at a different county 7 years ago when I applied to my student loans, now that I've had two changes of addresses in the last 6 years, I tried to get get the CRAs to remove the 7 year old address but CSR told me it can't be done because my student loans are still reporting that old address even though they send their statements to my current address. But honestly I wouldn't bother having old addresses deleted unless they never belonged to me, cause then that would be a problem of ID theft.

Starting Score: 486 EQ, 529 TU, 518 EX 12/6/2011 (FICOS - lender pull)
Current Score: 595 EQ SW 1/10/13 628 TU08 1/10/2013 593 EX (BoA HP) 1/5/12
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Senior Contributor
Posts: 3,240
Registered: ‎04-03-2008
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Re: Corrections to my credit report

I don't worry about such small details so long as the substantive information is correct. Actually I find small variations in my address are interesting because they can indicate whose database was the source of a particular junk mail item.
TU 791 02/11/2013, EQ 800 1/29/2011 , EX Plus FAKO 812, EX Vantage Score 955 3/19/2010 wife's EQ 9/23/2009 803
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Super Contributor
Posts: 5,722
Registered: ‎10-06-2007
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Re: Corrections to my credit report


MattH wrote:
I don't worry about such small details so long as the substantive information is correct. Actually I find small variations in my address are interesting because they can indicate whose database was the source of a particular junk mail item.

Funny you mention that since I had my name corrected on my EQ CR which was listed as Martine and I would get pre-approval offers for Martine from time to time, so obviously they pulled from EQ.

09/10/2016 FICO: EQ: 797 EX:788 TU:795

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