01-16-2013 10:49 PM
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.
01-16-2013 11:02 PM
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?
01-16-2013 11:15 PM - edited 01-16-2013 11:23 PM
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. .
01-16-2013 11:18 PM
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.
01-16-2013 11:29 PM
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.
01-16-2013 11:38 PM - edited 01-16-2013 11:40 PM
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.
01-16-2013 11:42 PM
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.
01-17-2013 04:06 AM
+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.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.