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Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Refute backfires

I messed up. My Equifax is now 100% accurate- I am now waiting for the MYFICO alert that me score has dropped. I refuted a late on an old mortgage account. They verified it, added an additional late. I am going to be busting out a bunch of GW's for several accounts. I want to let people know that when an item is in refute, it is not calculated in your FICO score. The only good news is that I added a TL during the refute.
New Contributor
Posts: 117
Registered: ‎04-18-2007
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Re: Refute backfires

Really that's interesting to know. I always wondered if when you disputed something if it's included in your credit score calculation
Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Refute backfires



Timothy wrote:
I messed up. My Equifax is now 100% accurate- I am now waiting for the MYFICO alert that me score has dropped. I refuted a late on an old mortgage account. They verified it, added an additional late. I am going to be busting out a bunch of GW's for several accounts. I want to let people know that when an item is in refute, it is not calculated in your FICO score. The only good news is that I added a TL during the refute.

That is not entirely true.. Collections and public records never receive different treatment when in dispute. And there are still some items that are factored on normal (non-derog) accounts that are in dispute.
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
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Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Re: Refute backfires

Depends on the point of view. I was refinancing the house, the old creditor was so slow in getting the payoffs to the new company it TECHNICALLY was late. Short answer- Yes but the extra one is BS
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0

Re: Refute backfires

Did the old creditor cash the check on time but send the money on late? If so, then I think you have grounds to show it was never late. I'd dispute it as never late.
Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Refute backfires



Noah_Bodie wrote:
Did the old creditor cash the check on time but send the money on late? If so, then I think you have grounds to show it was never late. I'd dispute it as never late.



Agreed.
 
OP: Any chance this account is Litton Loan?
Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Re: Refute backfires

Option One. First late Jan 01 PIF March 01. When will will this drop off then?
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0

Re: Refute backfires

Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007
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