Reply
Established Member
Relique
Posts: 26
Registered: ‎01-02-2013

Disputed a couple of wrong lates on a charged off account. Fako dropped 22 points.

I guess I should of done more research before doing stupid things. Had a charged off account that reported zero balance to all three. There were a couple of wrong lates that were reported years after the account was charged off and were hurting my scores. Tried to dispute them with the CA and it caused them to verify and report a balance.  Fako dropped by 22 points. I'm guessing the real FICO scores are gonna have similar loss.

 

I am angry at myself now. 

Starting myFICO scores (08/01/2012): Ex:??? - Eq: 540 - Tu: 543
Current myFICO scores (02/04/2014): Ex: 602 - Eq: 646 - Tu: 621
Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008

Re: Disputed a couple of wrong lates on a charged off account. Fako dropped 22 points.

A CA cannot report lates.  If they did that is a violation.  Have you ever sent them a DV letter?

Moderator
Shogun
Posts: 11,100
Registered: ‎04-15-2011

Re: Disputed a couple of wrong lates on a charged off account. Fako dropped 22 points.

+1  Are you sure it was the CA that was reporting lates.  As guiness56 stated, that's a NO-NO.


Starting Score: 504

Current 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

Going for Wade64's RUDY Spade!

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+