11-05-2012 09:24 PM
11-06-2012 04:21 AM - edited 11-06-2012 04:22 AM
Regardless of possible impact on your credit score, I dont see a legitimate basis for deletion of the account delinquencies based on the posted facts.
The account delinquencies were either accurate or they were not, so deletion of their reporting would be based on a showing that they did not occur.
After reporting the delinquencies, they had no obligation to report further unless prior information required updating to maintain its accuracy.
Thus, I see no basis for asserting failure to provide "complete" reporting.
Additionally, even had further reporting been required, the party always has the opportunity to first correct any inaccuracies in prior reporting in a dispute.
Deletion of the disputed reporting is only required if they are unable to either verify its accuracy or correct it so as to now make it accurate.
11-06-2012 04:51 AM
11-06-2012 11:24 PM
+1. While a late is a late, it did occur so it is not inacccurate. Just because there is "no data" reporting, it will not factor as negative. It just means that that file did not recieve or update information for that period. Thus, neither positively or negatively. You do not say what else is in your report, however generally speaking, deleting an entire trade line often hurts your AAOA. .According to a couple of my loan officers, a late payment or two after 4 years are mostly overlooked although they still report for seven years. I went from 8k to 25k on one credit card in the last four days with a 90 day late reporting about three years ago. That 90 day late was of course preceeded by a 60 day late and two 30 day lates, totalling four lates in a row. My account showed an additional late four years ago on a different account. IMHU, from tracking my Fico Score changes, it appears on my account that the lates have damaged most up to four years as I am now in the upper seven hundreds with the simulator showing over 800 in less than eighteen months.. Of course YMMV, best wishes for success!
11-08-2012 03:50 PM
The **bleep** issue has been fixed -- it was a matter of altering our spam filter. Apologies for the inconvenience -- please carry on as you were
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† 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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.