Reply
Member
Posts: 23
Registered: ‎06-26-2007
0

Quick Question....

I just got my one of my reports and it's saying I am like four years behind on payments. However it shows a zero balance and the account was paid off almost six years ago. How can that be? How can I have a zero balance and be showing +120 days late on a payment. I know for a fact this account was paid in full and closed. I have the documents to prove as well as the check showing it was cashed. Thanks for any advice anyone can provide. -David
Super Contributor
Posts: 8,195
Registered: ‎03-25-2007
0

Re: Quick Question....

Try Credit Scoring 101
 
 
How to I dispute inaccurate info?
 
There are also a ton of threads on this issue
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Member
Posts: 23
Registered: ‎06-26-2007
0

Re: Quick Question....

Thanks and I understand the dispute process. But seriously is this just an error that it would say I am late last month and for the last four months as well? I mean I know 100% that the account was paid in full and closed. How can there be an error this big on your report?
Super Contributor
Posts: 8,195
Registered: ‎03-25-2007
0

Re: Quick Question....



Starbuckpga wrote:
.How can there be an error this big on your report?

GIGO
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Member
Posts: 23
Registered: ‎06-26-2007
0

Re: Quick Question....

No idea what GIGO means.....can you explain? Thanks!
Super Contributor
Posts: 8,195
Registered: ‎03-25-2007
0

Re: Quick Question....

It is a desription of what IT personel can do with computers:
 
Garbage In, Garbage Out.  Smiley Very Happy
 
I was suggesting that errors frequently do happen on CRs, which is why we spend so much time disputing them.  And each CRA makes its own errors, just to make it more fun  Smiley Happy
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.