07-30-2012 10:11 AM
Moving along the mortgage process and I've been making calls to get all disputes removed.
Made it to Equifax and the removal of disputes took us from a 660 to a 608 (this was the middle score) - by the way Dorothy at Equifax is still fantastic at getting disputes removed
Guess we are renting for a little longer....
On to get TU and EX cleaned up so they have time to heal
07-30-2012 10:19 AM
Samething happened to me with my EX report, but a couple weeks later it shot up nearly 40 points.
But it prevented me from doing a conventional loan with my middle score at a 662. Had to go FHA.
07-30-2012 04:44 PM
I removed comments and the same happened to me...scores rebounded quickly. Hang in there!
07-30-2012 05:54 PM - edited 07-30-2012 05:54 PM
Same here, disputes knocked my scores for a loop, TU- 675 to 621. EQ- 652 to 627. TU 639- 620. Unreal, and the disputes were just little things, I disputed a late payment from 2006 on a closed acct, and I disputed a medical collection that ended up removed after the Dr. office sent the paperwork that it was paid. I am now in a 620 to 639 program and losing half a point on rate!!
07-30-2012 08:23 PM
As I understand things; Disputes cause some things to not be factored in our scores.
It seems most lenders want an accurate score and no dispute comments. It's one of those odd things I'd never considered before reading a lot here. There were mistakes but I really did get caught up in the "Dispute anything that offends you!" craze about 4 years ago, LOL! Thankfully, it only took a few calls to fix.