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Contributor
smiths38
Posts: 108
Registered: ‎09-29-2012
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Confused, negative tradelines deleted,but score fell 10 points

I hired a credit repair agency and within a few days they got Toyota and Ally included in bankruptcy completely deleted from my Transunion report.I just checked my Credit Karma report and both were completely gone,but my credit score had fallen 10 points.The Toyota account was closed,but the Ally was open .I don't know what to think.



Starting Score: 553(EQ) 572 (TU) 586(EX) (EQ Complete Advantage)
Current Score: 572
Goal Score: 640


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Valued Contributor
beb86
Posts: 1,115
Registered: ‎10-31-2011
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Re: Confused, negative tradelines deleted,but score fell 10 points

Wouldn't look to much into CK credit score......but you have to keep in mind that you are losing your AA with the accounts deleted. Just curious as to why you went to a CR agency? 

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Contributor
smiths38
Posts: 108
Registered: ‎09-29-2012
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Re: Confused, negative tradelines deleted,but score fell 10 points

[ Edited ]

Between working and caring for my elderly ill mother and my own family,I'm overwhelmed at the moment.One would think the fact they both said included in bk would have had some significance regardless to the fact that they were  AA.There is a lot work left to do on my credit report so hopefully the next deletions will have a positive outcome. .

 



Starting Score: 553(EQ) 572 (TU) 586(EX) (EQ Complete Advantage)
Current Score: 572
Goal Score: 640


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Valued Contributor
beb86
Posts: 1,115
Registered: ‎10-31-2011
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Re: Confused, negative tradelines deleted,but score fell 10 points

Yes I can only imagine...how many more debts do you have left to tackle...I will almost guarantee that whatever tactics you learn here are the same that the CR agency are using.

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Contributor
smiths38
Posts: 108
Registered: ‎09-29-2012
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Re: Confused, negative tradelines deleted,but score fell 10 points

Well,Toyota was reporting multiple 30 day late payments from one accidental partial payment  that should have been sent  to Gmac.Toyota is being challenged under The Fair Credit Reporting Act.Under the Act ,creditors cannot report inaccurate and misleading information.



Starting Score: 553(EQ) 572 (TU) 586(EX) (EQ Complete Advantage)
Current Score: 572
Goal Score: 640


Take the myFICO Fitness Challenge
Valued Contributor
beb86
Posts: 1,115
Registered: ‎10-31-2011
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Re: Confused, negative tradelines deleted,but score fell 10 points

Did you dispute this or send a GW

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Contributor
smiths38
Posts: 108
Registered: ‎09-29-2012
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Re: Confused, negative tradelines deleted,but score fell 10 points

[ Edited ]

I sent Toyoyta GW letters,but they sent me letters saying that their records were correct.I went online to see my statements and they had deleted them all.They never charged a late fee.There are a lot of 30 day lates.I have bank statements proving that I was not 30 days late all of those times.I would never get approved for an FHA loan with those late payments and a prior bk.I figured I stood a better chance letting the company with attorneys handle it.It was only that one isolated partial payment and no other issues with payments.



Starting Score: 553(EQ) 572 (TU) 586(EX) (EQ Complete Advantage)
Current Score: 572
Goal Score: 640


Take the myFICO Fitness Challenge
Valued Contributor
beb86
Posts: 1,115
Registered: ‎10-31-2011
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Re: Confused, negative tradelines deleted,but score fell 10 points

I had a late with Toyota in 2009 and alot of other baddies and got approved for FHA last april...FHA just wants to see 12 months clean

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Valued Contributor
beb86
Posts: 1,115
Registered: ‎10-31-2011
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Re: Confused, negative tradelines deleted,but score fell 10 points

I started including this statement in my GW letters and have had better luck.. 

 

 

While you do have to report accurately, the law also provides that you don’t have to report at all. In fact, Section 623.a.7.e of the FCRA states that you do in fact have the authority to remove negative, yet accurate, information from a credit file if you choose. The FCRA just requires any information that you do report to be accurate.

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Regular Contributor
dobirdsmommy
Posts: 227
Registered: ‎02-29-2012
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Re: Confused, negative tradelines deleted,but score fell 10 points

+1 on the Credit Karma.. They were 20 points lower than my actually TU score pulled by Chase for a new car loan on Tuesday! CK is just a good option for alerts and a generalization of where you would be at.

2011 starting score 383 pull for Santander, EX 639, EQ 669, TU 651 (lending club pull)
Wallet:ME: 750 Cap One, 5k Quicksilver/rewards, 750 Capital one, Gamestop CC 1150, 2370 FH, Santander Car 9.6k/15k, Chase Auto Loan 12/16k, VS 1150, BH 1020, Express 1000, Avenue 750, JCrew 800, HSN 1070, Torrid 700,Roamans 800, Jessica London 940, kings direct 800, Buckle 800, OSP 1050, WW 1050, Solutions 800, Blair 750.. baddies: 2 FP CO 08,
DH: 750 Cap One 750 Cap One 750 capital one fh 2000, AU - VS, BH, HSN, QS 5k

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