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623 Dispute- Credit Score

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Anonymous
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623 Dispute- Credit Score

I an considering sending a 623 Dispute to a collection agency. Does a 623 dispute affect your credit score or is the credit score only affected when you dispute with the credit bureaus?

 

Thanks in Advance!

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1 REPLY 1
RobertEG
Legendary Contributor

Re: 623 Dispute- Credit Score

It depends upon whether the furnisher reports the dispute to the CRA.

 

When a furnisher receives a direct dispute, the CRAs are unaware of and not part of the process unless the furnisher specifically notifies the CRA that you have a pending dispue with them.

 

If they do post their dispute with a CRA, make sure to check after the dispute is concluded to make sure they follow up by reporting that the dispute has been concluded.

Message 2 of 2
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