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tbucket202
Posts: 3
Registered: ‎07-30-2013
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Cant PFD, but CA willing to update

Question:  Cant get a few CAs to PFD but they will update and since the settlement is for less than the OB, will this wreck my score with both an update AND a report of paid for lesser amount?

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Shogun
Posts: 12,952
Registered: ‎04-15-2011
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Re: Cant PFD, but CA willing to update

If they haven't updated in awhile, then yes, it could cause a drop in scores.  And of course they are willing to update, it's mandated.  :smileyhappy:


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New Visitor
tbucket202
Posts: 3
Registered: ‎07-30-2013
0

Re: Cant PFD, but CA willing to update

When updating, are the specifics reported? ( ex: $500 high balance, settled for $200) 

Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Cant PFD, but CA willing to update

Could list "settled for less than owed", or some wording like that.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

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